Sales Decline in South Kensington Real Estate Market

In this week's report, the number of homes sold in the South Kensington market slid to nine over the past 30 days. It marked a decrease of 10.0% from last week's report and another period below the monthly average. On the other hand, close-by Bethesda registered 70 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $930,000, down from last week's $931,250. In spite of the decrease in sales, a low two months of inventory signals that South Kensington is a strong seller's market.

If a home with lots of bedrooms is what you want, then be sure to go see these listings in South Kensington:

$1.3M   $1.2M   $1.2M  

Get started right now by checking out South Kensington homes for sale or reviewing South Kensington real estate trends.

Demographic facts for South Kensington:

  • The percentage of people who own their homes is 84.9%.
  • The students per teacher ratio in this area is 14.9:1. (15.3:1 = national average)

Data reported through 1/11/2017

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