Is Kensington, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Kensington has remained a Seller's Market.
Housing Prices in Kensington, CA
How much do homes in Kensington, CA cost?
Median Sold Price
$1,550,000
$891/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kensington was $1,550,000 in April 2024, up 12.3% from last year, and the median price per square foot was $891.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $391.5K | $430K | +9.8% |
2 Bedrooms | $740K | $1.2M | +69.6% |
3 Bedrooms | $1.4M | $1.5M | +10.9% |
4 Bedrooms | $1.6M | $2.1M | +36.7% |
5+ Bedrooms | $2.3M | $2.3M | +0.6% |
Summary: Kensington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 69.6%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 36.7%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Neighborhoods
Kensington | $1.3M | $1.5M | +12.3% |
Adams North | $969K | $1.0M | +7.3% |
Talmadge | $1.0M | $1.0M | -1.7% |
Housing Supply in Kensington, CA
How many homes are available in Kensington, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 23 | 0.0% |
Summary: The Kensington real estate market had 23 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 8 | 5 | -37.5% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Kensington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 37.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 4 | -63.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Kensington in April 2024, down by 63.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Kensington, CA
How long does it take to sell a home in Kensington, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 31 Days | +109.8% |
Summary: Homes in Kensington had an average of 31 days on market in Apr 2024, up by 109.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Kensington; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.