Kensington Trace Condos are typically 2 bedroom, 2-2.5 bath homes. These condos are ideal for college students or roomates because most have a "double" master setup where both bedrooms are large and each has a full bath!
These condos were generally constructed between the mid-1980's. The community features a pool, clubhouse, basketball and tennis courts. This community is only 10 minutes to UNC Chapel Hill. UNC students love its convenient University bus line stop.
With pricing generally ranging around $90/square foot, these homes are good value since they are about $50/square foot below the average price/square foot for Chapel Hill condos and townhomes.
Kensington Trace Statistics from the Triangle Multiple List Service
In 2006, 17 Condos were sold in Kensington Trace. Of these, the average house was a 1155 square foot, 2 bedroom 2 bath home selling for $103,408. Average time on market was 27 days, far below the Chapel Hill market average of 60 days.
Chapel Hill Statistics
In 2006, 479 condos and townhomes were sold in Chapel Hill. Of these, the average house was a 1493 square foot, 2 bedroom 1 bath home selling for $249,032. Average time on market was 60 days.