Kensington's cottages and townhouses continue to attract buyers who know exactly what they want. Buyer numbers have thinned, but those still looking will pay good money when they find the right home. For upsizers in particular, the gap between what they own and what they want has reduced, which makes this a sensible time to make the move.
Value for money is driving every deal. Homes priced to current conditions rather than last year's results are the ones selling, and the village feel and quick run into the city keep Kensington on shortlists.
Owners listing now are serious about selling, and that clarity is helping deals come together on fair terms.
Median sale price for houses in Kensington is $1,130,000, up 8.2% from last year.
Median sale price for units in Kensington is $480,000, up 0.0% from last year.
Properties sold for houses in Kensington is 153, down 5.6% from last year.
Properties sold for units in Kensington is 127, up 0.8% from last year.
Auction clearance for houses in Kensington is 67.6%, down 1.3% from last year.
Auction clearance for units in Kensington is 75.0%, up 65.0% from last year.
Av days on market for houses in Kensington is 41, up 10.8% from last year.
Av days on market for units in Kensington is 32, down 3.0% from last year.
$1,295,000
$1,242,500
$1,130,000
$1,100,000
$880,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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