KENSINGTON AND NORTH BETHESDA HOUSING MARKET DATA

There was an increase in total units sold in May, with 43 sold this month in Kensington and North Bethesda Real Estate versus 39 last month, an increase of 10%. This month's total units sold was lower than at this time last year, a decrease of 25% versus May 2024.

Versus last year, the total number of homes available this month is higher by 31 units or 32%. The total number of active inventory this May was 127 compared to 96 in May 2024. This month's total of 127 is lower than the previous month's total supply of available inventory of 145, a decrease of 12%.

Last May, the median sale price for Kensington and North Bethesda Homes was $900,000. This May, the median sale price was $950,000, an increase of 6% or $50,000 compared to last year. The current median sold price is 6% higher than in April.

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

In May, there was 3.0 months of supply available in Kensington and North Bethesda, compared to 1.7 in May 2024. That is an increase of 75% 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 67 homes newly listed for sale in Kensington and North Bethesda compared to 66 in May 2024, an increase of 2%. There were 58 current contracts pending sale this May compared to 63 a year ago. The number of current contracts is 8% lower than last May.

In May, the average sale price in Kensington and North Bethesda was 101.0% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 17, which is similar compared to a year ago.





FOCUS ON: KENSINGTON AND NORTH BETHESDA HOUSING MARKET			MAY 2025

Zip Code(s): 20895 and 20814
Units Sold 43	Active Inventory 127	Median Sale Price $950,000	Days On Market 17

Down -25% Vs. Year Ago	Up 32% Vs. Year Ago	Up 6% Vs. Year Ago	No Change Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 43 sold this month in Kensington and North Bethesda Real Estate versus 39 last month, an increase of 10%. This month's total units sold was lower than at this time last year, a decrease of 25% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 31 units or 32%. The total number of active inventory this May was 127 compared to 96 in May 2024. This month's total of 127 is lower than the previous month's total supply of available inventory of 145, a decrease of 12%.
		Median Sale Price Last May, the median sale price for Kensington and North Bethesda Homes was $900,000. This May, the median sale price was $950,000, an increase of 6% or $50,000 compared to last year. The current median sold price is 6% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 67	Current Contracts 58	Sold Vs. List Price 101.0%	Months of Supply 3.0

Up 2% Vs. Year Ago	Down -8% Vs. Year Ago	No Change Vs. Year Ago	Up 76% Vs. Year Ago


		Months of Supply In May, there was 3.0 months of supply available in Kensington and North Bethesda, compared to 1.7 in May 2024. That is an increase of 75% 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 67 homes newly listed for sale in Kensington and North Bethesda compared to 66 in May 2024, an increase of 2%. There were 58 current contracts pending sale this May compared to 63 a year ago. The number of current contracts is 8% lower than last May.
		Sale Price to List Price Ratio In May, the average sale price in Kensington and North Bethesda was 101.0% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 17, which is similar compared to a year ago.


	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.