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Market Snapshot

Median listing price
$1.39M

The median listing price in Kensington, CA ZIP 94707 is $1,390,000 as of June 2026.

Median rent
$2,295/mo

The median market rent in Kensington, CA ZIP 94707 is $2,295/month as of June 2026.

Days on market
264 days

The median days on market in Kensington, CA ZIP 94707 is 264 days as of June 2026. The market is currently hot.

Gross rental yield
1.98%

At a median list price of $1,390,000 and a median rent of $2,295/month, the gross rental yield in Kensington, CA ZIP 94707 is 1.98% as of June 2026.

STR vs LTR
$2,788/mo STR · $2,295/mo LTR

In Kensington, CA ZIP 94707, median Airbnb revenue is $2,788/month compared to median long-term rent of $2,295/month as of June 2026.

Kensington, CA 94707 Real Estate Market Report

ZIP Code: 94707

Report Date: June 2026

Market Temperature:
HOT

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
94
Active Listings
13
Sold Properties
81

Market Metrics

Median Listing Price
$1,390,000
Median Sold Price
$1,424,000
Median Price per Sqft
$720/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,295

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.81%

Liquidity & Velocity

Median Days on Market
264
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. The neighborhood's primary market-value signal is the 1,424,000 median sold price, which appears to confirm strong recent transaction pricing relative to asking levels given the available median listing price, making recent closed sales the best indicator of current value.
  2. Liquidity shows mixed signals: the 264 median days on market suggests slower sales velocity for some listings and pricing friction may be present even as broader indicators describe a hot market.
  3. Price structure and rental context point to a high-cost, high-demand profile: the 720 median price per square foot is elevated and the 2,295 median market rent alongside an up rent trend indicates strong rental support for property values.
  4. Market dynamics are consistent with a seller-favorable cycle: external indexes mark the market as hot with prices up, while interest rate pressure is moderate, so caution around rate volatility is warranted even as sellers retain pricing leverage.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

1034 Shattuck Ave, Berkeley, CA 94707
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds3 baths3,191 sqft
$3,500,000
May 1, 2026
$1,097/sqft/sqft
2875 days on market
1910 Yosemite Rd, Berkeley, CA 94707
Premium

Sold above market average

3 beds2 baths2,041 sqft
$3,400,000
May 1, 2026
$1,666/sqft/sqft
2665 days on market
1833 Sonoma Ave, Berkeley, CA 94707
Premium

Sold above market average

3 beds1 baths1,872 sqft
$3,205,000
May 1, 2026
$1,712/sqft/sqft
180 days on market
1264 Monterey Ave, Berkeley, CA 94707
Market Benchmark

Sold at market average

3 beds1 baths2,232 sqft
$1,750,000
Apr 1, 2026
$784/sqft/sqft
51 Franciscan Way, Kensington, CA 94707
Market Benchmark

Sold at market average

3 beds2 baths2,333 sqft
$1,750,000
May 1, 2026
$750/sqft/sqft
103 days on market
1730 San Lorenzo Ave, Berkeley, CA 94707
Premium

Sold above market average

3 beds1 baths1,736 sqft
$1,750,000
May 1, 2026
$1,008/sqft/sqft
220 days on market
139 Arlington Ave, Kensington, CA 94707
Market Benchmark

Sold at market average

3 beds1 baths1,554 sqft
$1,015,000
May 1, 2026
$653/sqft/sqft
328 days on market
1632 Ocean View Ave, Kensington, CA 94707
Premium

Sold above market average

2 beds1 baths820 sqft
$860,000
May 1, 2026
$1,049/sqft/sqft
411 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$6,285/mo
94707 Avg Rent
94707 Cost to Own
Rent$2,295
Own$8,580

20% down, 6.50% rate, 0.8% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

94707 Avg nightly rate
94707 Avg occupancy (days/year)
Nightly rate$217/night
Occupancy120 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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