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The Kensington, MD detached home market saw strong price growth in July, with the median sold price reaching $972,500. That represents an 11.1% increase from June and an 8.1% increase compared with July 2025.
Homes are still selling relatively quickly. The average days on market was 17 days, only slightly longer than the five-year July average of 15 days. This suggests that desirable, well-priced homes continue to attract buyer interest.
However, buyer activity slowed noticeably during the month. New pending contracts dropped 62.1% to 11, while total pending sales—including contracts carried over from June—decreased 42.3% to 15. At the same time, buyers had more properties to choose from, as the number of active listings increased 47.6% to 31 homes.
Kensington’s Contract Ratio fell to 0.48 pending sales per active listing, down significantly from 1.24 in June and slightly below the 0.54 recorded in July 2025. The ratio is also 47% below the five-year July average of 0.90, showing that buyer demand has slowed relative to the amount of available inventory.
Overall, Kensington home values remain strong, but the market is becoming more favorable for buyers. Higher inventory and fewer new contracts may give buyers more choices and greater negotiating power. For sellers, homes are still selling relatively quickly, but competitive pricing, strong presentation, and effective marketing will be increasingly important to stand out in a changing market.
