KENSINGTON AND NORTH BETHESDA HOUSING MARKET DATA

There was a decrease in total units sold in April, with 39 sold this month in Kensington and North Bethesda Real Estate versus 44 last month, a decrease of 11%. This month's total units sold was lower than at this time last year, a decrease of 22% versus April 2024.

Versus last year, the total number of homes available this month is higher by 19 units or 18%. The total number of active inventory this April was 123 compared to 104 in April 2024. This month's total of 123 is higher than the previous month's total supply of available inventory of 115, an increase of 7%.

Last April, the median sale price for Kensington and North Bethesda Homes was $888,250. This April, the median sale price was $900,000, an increase of 1% or $11,750 compared to last year. The current median sold price is 5% higher than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In April, there was 3.2 months of supply available in Kensington and North Bethesda, compared to 2.1 in April 2024. That is an increase of 52% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 82 homes newly listed for sale in Kensington and North Bethesda compared to 89 in April 2024, a decrease of 8%. There were 53 current contracts pending sale this April compared to 58 a year ago. The number of current contracts is 9% lower than last April.

In April, the average sale price in Kensington and North Bethesda was 101.0% of the average list price, which is 1.8% lower than at this time last year.

This month, the average number of days on market was 19, higher than the average last year, which was 14, an increase of 36%.





FOCUS ON: KENSINGTON AND NORTH BETHESDA HOUSING MARKET			APRIL 2025

Zip Code(s): 20895 and 20814
Units Sold 39	Active Inventory 123	Median Sale Price $900,000	Days On Market 19

Down -22% Vs. Year Ago	Up 18% Vs. Year Ago	Up 1% Vs. Year Ago	Up 36% Vs. Year Ago


		Units Sold There was a decrease in total units sold in April, with 39 sold this month in Kensington and North Bethesda Real Estate versus 44 last month, a decrease of 11%. This month's total units sold was lower than at this time last year, a decrease of 22% versus April 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 19 units or 18%. The total number of active inventory this April was 123 compared to 104 in April 2024. This month's total of 123 is higher than the previous month's total supply of available inventory of 115, an increase of 7%.
		Median Sale Price Last April, the median sale price for Kensington and North Bethesda Homes was $888,250. This April, the median sale price was $900,000, an increase of 1% or $11,750 compared to last year. The current median sold price is 5% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 82	Current Contracts 53	Sold Vs. List Price 101.0%	Months of Supply 3.2

Down -8% Vs. Year Ago	Down -9% Vs. Year Ago	Down -1.8% Vs. Year Ago	Up 51% Vs. Year Ago


		Months of Supply In April, there was 3.2 months of supply available in Kensington and North Bethesda, compared to 2.1 in April 2024. That is an increase of 52% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 82 homes newly listed for sale in Kensington and North Bethesda compared to 89 in April 2024, a decrease of 8%. There were 53 current contracts pending sale this April compared to 58 a year ago. The number of current contracts is 9% lower than last April.
		Sale Price to List Price Ratio In April, the average sale price in Kensington and North Bethesda was 101.0% of the average list price, which is 1.8% lower than at this time last year. Days on Market This month, the average number of days on market was 19, higher than the average last year, which was 14, an increase of 36%.


	Kensington and North Bethesda are defined as properties listed in zip code/s 20895 and 20814.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.