Please note that the small size in Kenilworth, in addition to the wide range of home prices can skew these numbers in a given month.
Contact me at LisaFinks@atproperties.com for a more detailed analysis and for any condo/townhome data you may desire.
Average Home Sales Price
Average home sales price in Kenilworth over the last 12 months:
Months Supply of Homes in Kenilworth
Below is a chart reflecting the inventory of homes in Kenilworth over the past 12 months. A balanced market equates to a 6 month supply of homes. In other words, if no new homes came to market, it would take 6 months to sell every home.
When the supply goes below 6 months, the market favors Sellers. When the supply rises above 6 months of inventory, the market favors Buyers.
Average Days on Market
Below is the average market time for homes in Kenilworth. Market time is a product of home inventory. With fewer homes on the market, homes generally sell faster unless extenuating market conditions exist. Seasonality can also affect market time as fewer buyers are out over the winter and holiday months.