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The Kensington housing market remained strong in May 2026, with home prices continuing to rise and buyer activity showing healthy growth. The median sold price for detached homes reached $1,150,000, representing a 2.2% increase from April 2026 and an impressive 17.6% increase compared to May 2025. This significant year-over-year appreciation highlights the continued demand for homes in one of Montgomery County’s most desirable communities.
Homes took an average of 21 days to sell, which is considerably longer than the five-year May average of 12 days. While properties are spending more time on the market than in previous years, demand remains strong for well-priced and well-presented homes.
Buyer activity increased substantially during May. There were 27 new pending sales, representing a 22.7% increase from the previous month. Total pending sales, including contracts carried over from April, rose by 20.8% to 29 pending transactions. At the same time, the number of active detached home listings increased by 34.8%, bringing inventory to 31 available homes.
The increase in inventory is providing buyers with more choices while helping to create a more balanced market environment. Despite the larger number of homes available for sale, buyer demand continues to support strong property values throughout Kensington.
The market’s Contract Ratio, which measures the relationship between pending sales and active listings, was 0.94 in May, slightly lower than April’s 1.04 but significantly higher than the 0.72 recorded in May 2025. While the ratio remains 12% below the five-year May average of 1.07, it still reflects a healthy level of market activity.
A Contract Ratio near 1.0 indicates a relatively balanced market where buyer demand and available inventory are closely aligned. Although sellers continue to benefit from rising home values, buyers now have more options and slightly less competition than they experienced during the peak seller’s markets of recent years.
Overall, the Kensington real estate market remains healthy and competitive, characterized by rising home prices, strong buyer interest, and growing inventory. Sellers who price their homes strategically can still achieve excellent results, while buyers may find increased opportunities as more homes become available throughout the summer market.
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