KENSINGTON AND NORTH BETHESDA HOUSING MARKET DATA

There was a decrease in total units sold in July, with 59 sold this month in Kensington and North Bethesda Real Estate versus 61 last month, a decrease of 3%. This month's total units sold was higher than at this time last year, an increase of 2% versus July 2024.

Versus last year, the total number of homes available this month is higher by 14 units or 14%. The total number of active inventory this July was 111 compared to 97 in July 2024. This month's total of 111 is lower than the previous month's total supply of available inventory of 133, a decrease of 17%.

Last July, the median sale price for Kensington and North Bethesda Homes was $855,000. This July, the median sale price was $925,000, an increase of 8% or $70,000 compared to last year. The current median sold price is 3% lower than in June.

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

In July, there was 1.9 months of supply available in Kensington and North Bethesda, compared to 1.7 in July 2024. That is an increase of 12% 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 46 homes newly listed for sale in Kensington and North Bethesda compared to 61 in July 2024, a decrease of 25%. There were 44 current contracts pending sale this July compared to 43 a year ago. The number of current contracts is 2% higher than last July.

In July, the average sale price in Kensington and North Bethesda was 98.8% of the average list price, which is 2.5% lower than at this time last year.

This month, the average number of days on market was 28, higher than the average last year, which was 18, an increase of 56%.





FOCUS ON: KENSINGTON AND NORTH BETHESDA HOUSING MARKET			JULY 2025

Zip Code(s): 20895 and 20814
Units Sold 59	Active Inventory 111	Median Sale Price $925,000	Days On Market 28

Up 2% Vs. Year Ago	Up 14% Vs. Year Ago	Up 8% Vs. Year Ago	Up 56% Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 59 sold this month in Kensington and North Bethesda Real Estate versus 61 last month, a decrease of 3%. This month's total units sold was higher than at this time last year, an increase of 2% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 14 units or 14%. The total number of active inventory this July was 111 compared to 97 in July 2024. This month's total of 111 is lower than the previous month's total supply of available inventory of 133, a decrease of 17%.
		Median Sale Price Last July, the median sale price for Kensington and North Bethesda Homes was $855,000. This July, the median sale price was $925,000, an increase of 8% or $70,000 compared to last year. The current median sold price is 3% lower than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 46	Current Contracts 44	Sold Vs. List Price 98.8%	Months of Supply 1.9

Down -25% Vs. Year Ago	Up 2% Vs. Year Ago	Down -2.4% Vs. Year Ago	Up 13% Vs. Year Ago


		Months of Supply In July, there was 1.9 months of supply available in Kensington and North Bethesda, compared to 1.7 in July 2024. That is an increase of 12% 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 46 homes newly listed for sale in Kensington and North Bethesda compared to 61 in July 2024, a decrease of 25%. There were 44 current contracts pending sale this July compared to 43 a year ago. The number of current contracts is 2% higher than last July.
		Sale Price to List Price Ratio In July, the average sale price in Kensington and North Bethesda was 98.8% of the average list price, which is 2.5% lower than at this time last year. Days on Market This month, the average number of days on market was 28, higher than the average last year, which was 18, an increase of 56%.


	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.