Kensington Real Estate Market Sees Sales Fall

The Kensington market slowed with a 14.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 36.3 monthly average with 36 homes sold. Within the same time frame, the Fishtown neighborhood had 36 sales, the most of all neighborhoods in the area. The median sales price dropped to $268,750 over the latest reporting period for Kensington, down from $271,250.

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Demographic facts for Kensington:

  • The median value of all homes in the area is $64,927.
  • This area usually gets 89 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 10.5%.
  • There are 16.2 students for every teacher. (15.3 = national average)

Data reported through 10/19/2016

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