Kensington, MD Market Report – 4/20/11

20 Apr
April 20, 2011

Since its establishment in 1894, Kensington has been a wonderful place to live and explore.  Residents of Kensington are proud of their tree-lined streets, gardens and parks that are reminiscent of the town’s early years.  There are many small enclaves of homes ranging from large mansions to smaller cape cods and ranchers.  Home prices range from the $300,000 to $1 Million+.

Although the town itself is less than one square mile, it is surrounded by the Montgomery County suburbs and is accessible to the county transportation system; making it a convenient place to live.  The town has its own Mayor and although it relies on the county for some services, it does manage many services on its own.

The citizens of Kensington are among the few that can honestly brag that the Real Estate bottom has come and gone.  With a Total Sales Volume of $8,010,210 just last month, which is up not only 2.05% over last month, and up 80.39% – yes, I said – 80.39%, over this time last year!

Before prices climb any higher you may want to join the residents of Kensington; who love the small town life, its unique shops, restaurants as well as the easy access to the Washington D.C.

Market data and commentary provided by Kathy Fleskes, Rockville Managing Broker and Serena Toro, Rockville Administrative Manager.
Search for homes in Kensington, and all of the DC Metro:
www.averyhess.com

 

 

 

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