$2,999,000
3,271 SqFt
4 Beds
•3 Full Baths, 1 Partial
Patrick Mercer, Listing Office: Keller Williams La Jolla
Is Kensington, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Kensington has remained a Seller's Market.
Key Takeaway
Kensington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kensington, CA
How much do homes in Kensington, CA cost?
Median Sold Price
$1,650,000
$916/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$250,000(+17.9%)
Key Takeaway
Homes in Kensington have sold for 17.9% more than they did a year ago.
Summary: The median home sold price in Kensington was $1,650,000 in October 2024, up 17.9% from last year, and the median price per square foot was $916.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $446K | +8.8% |
| 2 Bedrooms | $1.1M | $1.1M | -3.7% |
| 3 Bedrooms | $1.4M | $1.6M | +11.5% |
| 4 Bedrooms | $1.4M | $2.2M | +52.9% |
| 5+ Bedrooms | $2.2M | $2.7M | +20.6% |
Summary: Kensington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 52.9%, and 5+ bedroom homes increased by 20.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Kensington | $1.4M | $1.6M | +17.9% |
| Talmadge | $967.5K | $1.0M | +11.5% |
Housing Supply in Kensington, CA
How many homes are available in Kensington, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 29 | +31.8% |
Summary: The Kensington real estate market had 29 homes for sale in October 2024, a 31.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Kensington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 11 | +1000.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kensington, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Kensington in October 2024, up by 1000.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 23 Days | +87.5% |
Summary: Homes in Kensington had an average of 23 days on market in Oct 2024, up by 87.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Kensington are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Kensington; 91% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.