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In Kensington, MD, detached home prices rose to a median of $989,000 in March. That’s up 17% from last month and 23.6% compared to March 2025. Homes sold in about 20 days on average, which is right in line with the typical March pace over the past five years.
Buyer activity picked up slightly, with 22 new contracts, about 10% more than last month. Total pending sales held steady at 23 homes. Inventory also increased, with 21 active listings, up 16.7%.
Overall, the market is still fairly balanced. There were about 1.1 contracts for every active listing, which is lower than last month but higher than a year ago. This suggests the market is not as competitive as before, giving buyers a bit more room, while still remaining solid for sellers.
