Tag Archive for: Kensington Market Report

Kensington, MD Market Report – 05/22/13

23 May
May 23, 2013 20895 Kensington, MD. All properties including Condos, Townhomes & Single Families. Condo & Coop properties: In 20895, the median sold price for Condo & Coop properties for April was $125,000, representing a decrease of 19.4% compared to last month and an increase of 0% from Apr 2012. The average days on market for units sold in April was 21 days, 42% below the 5-year April average of 36 days. There was a 100% month over month decrease in new contract activity with 0 New Pendings; a 20% Month to Month decrease in All Pendings (new contracts + contracts carried over from March) to 4; and a 66.7% increase in supply to 5 active units. This activity resulted in a Contract Ratio of 0.80 Read more [...]