$250K  
The population of Kensington ranks as the sixth-largest neighborhood in Philadelphia with 35,320 residents. However, it only ranks 15th in terms of density with 29,202.6 people per square mile. Keep in mind, 47.8% of the homes in Kensington are owned, while 39.7% are rented. The top school in the neighborhood is Hackett Horatio B School.
Comments:

$113K  
On top of a 7.0% drop in sales numbers this week to land at 40 homes sold over the last 30 days, the Kensington market still shows a recent trend downward overall. There are four months of inventory remaining in Kensington, and the market is swinging toward the buyer, especially since the median sales price dropped to $290,950 this week.
Comments:

$359K  
The number of home sales in the Kensington market rose 10.8% to 41 homes over the last 30 days, coming close to the 41.2 monthly average for the last 12 months. At the same time, the Fishtown neighborhood reported 37 home sales, the highest number from all of the surrounding neighborhoods. Months of inventory in Kensington was flat at four but prices came down, as the median sales price dropped to $325,000.
Comments:

$875K  
Sales fell to 36 homes sold in the Kensington market over the last 30 days. Furthermore, a budding downturn in the number of pending transactions continued, with 52 completed in the same period. While contracts numbers were weak, the median sales price of those homes came in at $334,550, which extended a price upswing to four weeks.
Comments:

$258K  
While home sales in the Kensington market have been above average, in this week's report they slid 6.2% to 45 homes sold over the last 30 days. Within the same time frame, the Richmond neighborhood had 38 sales, the most of all neighborhoods in the area. Prices are rising in Kensington, and the median sales price this period increased from $313,500 to $345,000. With only three months of inventory to sell, Kensington is a seller's market, in spite of the dip in sales.
Comments:

$375K  
Sales fell to 45 homes sold over the last 30 days in the Kensington market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to 50 for the same period. The median sales price in Kensington stayed put this week at $301,700. With only three months of inventory to sell, Kensington is a seller's market, in spite of the dip in sales.
Comments:

$250K  
The population of Kensington is less affluent than average compared to others in Philadelphia with a median income of $30,653 per household. It's also considered a less expensive neighborhood in terms of affordability with a cost of living adjustment score of 100.5. Kensington is made up of homes that are considered older than most with a median of 73 years. The best school in the neighborhood is Hackett Horatio B School.
Comments:

$299K  
Sales fell to 58 homes sold in the Kensington market over the last 30 days. Furthermore, a confirmed downturn in the number of pending transactions continued, with 43 completed in the same period. Potential buyers should note that prices went up in Kensington, with the median for this period rising from $279,900 to $290,800. Despite the falling contracts numbers, there are only three months of inventory remaining, indicating that Kensington is a still seller's market.
Comments:

$335K  
Over the last 30 days, 31 homes went under contract in the Kensington market, the lowest amount since last January. However, sales are heading upward, climbing to 58 homes sold over the same period, and extending a seven-week upward trend. In comparison, the Richmond neighborhood had 50 contracts executed in the same time frame, the most of all close-by neighborhoods. The median sales price rose to $269,500 over the latest reporting period for Kensington, up from $269,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Kensington is a seller's market.
Comments:

$875K  
Over the last 30 days, the sale of 54 homes took place in the Kensington market. This shows a 8.0% jump from the prior period and the continuation of a solid upward trend. While sales were solid, months of inventory were further reduced to three, extending a downward trend to four weeks. The higher trending sales numbers and the relatively small amount of inventory drive home the fact that Kensington is a seller's market.
Comments:
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