Categories: Real Estate

Kensington Real Estate Market – A Seller’s Market Or a Buyer’s Market?

The Kensington real estate market is currently experiencing a trend of balancing between a seller’s market and a buyer’s market. In January 2022, there were 11 homes listed for sale in Kensington. This is a decrease of 8.3% from December 2021. In January, the median list price was $2,100,000. In this area, listing prices increased by 14.5% for a two-bedroom property and 19.5% for a three-bedroom property. Choose the Best Real estate agent.

As of the end of the first quarter of 2018, the median home price in Kensington was $490K, down by nearly 2% from the same time last year. The same quarter in 2013, the median sales price was $577 per square foot. In comparison, in the same period the previous year, the median house sale price in the same neighborhood was $783K. This decrease reflects an increasingly competitive real estate market in this Brooklyn neighborhood. In addition, many buyers are choosing Kensington as a destination for first-time buyers and those who prefer a small community.

As a seller’s market, Kensington real estate sales are generally higher than the median prices for comparable properties in the area. Since this neighborhood is surrounded by restaurants, entertainment venues, and shopping, the average selling price in Kensington is 43.1% higher than it was one year ago. Last month, three homes were listed for lease, with a $774 monthly rent. If you’re considering selling your Kensington home, you might want to check the market stats for more information.

Last month’s median home sale price in Kensington was $490K, down 2% from last year. Compared to Brooklyn, the median sales price in Kensington was only $475K. In comparison, the median house sale price in the borough was $783K. The price per square foot in Kensington was $578, higher than the average in Brooklyn. There are various styles and locations to consider in the area, and residents are finding that the neighborhoods are perfect for their lifestyles.

The Kensington real estate market has seen mixed results in the past few months. The average sale price in the neighborhood is now $490K, down 2% from last year. While the median price for a house in the area has been rising for the past year, the median sale price of a condominium in the neighborhood was only $475K. And a co-op in the same neighborhood sold for 100% of its asking value last month.

The Kensington real estate market has seen a shift from a Buyer’s call to a Seller’s market. This means that homes in Kensington are selling at higher prices than a year ago and have more potential for appreciation. During the past few months, the median sale price of a home in the neighborhood was up 42.1% from last year. While the price per square foot has dropped slightly, it remains near the Brooklyn average of $783K.

In Q4 of 2014, the median home sale price was $490K, down 2% from a year earlier. The median price per square foot in Kensington is $578, while the average price in Brooklyn is $783K. That selling in the area is still seeing a Seller’s market. However, the prices of homes in Kensington are significantly higher than in other city areas, and sellers are often the ones to win.

In Q4 of 2014, Kensington’s median home sale price was $490K. This represents a 2% decrease compared to the same month in 2013. The median price per square foot in Kensington was $578, significantly higher than the average in Brooklyn. However, the low median sales price does not mean that the Kensington real estate market is not booming. The area is experiencing a Seller’s market.

The Kensington real estate market is experiencing a brisk sales pace with a Seller’s market. As a result, Kensington’s median price per square foot is higher than a year ago. The number of homes for sale in Kensington in Q4 is up 43.1%. And while this is still a Seller’s market, the median price per square foot in Brooklyn was $783K. Despite the low median prices, the neighborhood is now one of the most affordable neighborhoods in the city.

Read Also: 4 Buying Tips to Get Cheaper Prices for Luxury Property in Thailand

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