Is Kensington, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kensington is a seller's market

Buyer's
Market

Difference Since November 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

$1,656,250

$948/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$261,250(+18.7%)

Key Takeaway

Homes in Kensington have sold for 18.7% more than they did a year ago.

Summary: The median home sold price in Kensington was $1,656,250 in November 2024, up 18.7% from last year, and the median price per square foot was $948.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $410K$448K
+9.3%
2 $1.1M$1.1M
-6.2%
3 $1.4M$1.6M
+14.3%
4 $1.3M$2.2M
+59.9%
5+ $2.0M$2.7M
+31.3%

Summary: Kensington housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 59.9%, and 5+ bedroom homes increased by 31.3%.

Median Sold Price Compared To Nearby Neighborhoods

Kensington
+18.7%
Adams North
+12.2%
Talmadge
+10.7%

Housing Supply in Kensington, CA

How many homes are available in Kensington, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2619-26.9%

Summary: The Kensington real estate market had 19 homes for sale in November 2024, a 26.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 44
0.0%
3 128
-33.3%
4 64
-33.3%
5+ 21
-50.0%

Summary: The Kensington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
116-45.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kensington, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Kensington in November 2024, down by 45.5% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
25 Days19 Days-25.0%

Summary: Homes in Kensington had an average of 19 days on market in Nov 2024, down by 25% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kensington are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Kensington; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Kensington, CA

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