Market Update -Inventory of houses for sale this year dropped 6.8% from September of last year (1030 in 2019 vs. 1105 in 2018) putting further pressure on buyers and pushing the average price up further -Regarding Average Price for Kingston and Area, September posted another year-over-year increase of 11.2%! Average price for the month was [...]
Well, if you participated in the real estate market last year and/or keep up on reading our newsletter, there will be absolutely zero surprises here!The month of December's results closed off the year similar to how it began = home sales down from prior year. In fact, home sales for December in Kingston and Area showed [...]
This year saw a return to the typical August real estate activity around these parts, as people enjoyed the last chance to vacation with family and begin preparing for the new school year as well. So, it was not that surprising to see sales and active listings were down compared to the month before and compared [...]
For the entire Kingston and Area Board (that’s east of Gananoque to west of Napanee and far north into cottage country), residential sales in February were down 22% from 229 to 179. This was in major part due to the available inventory of active listings being down 35% from 1,618 last year to only 1,050 active listings [...]
We’ve all heard the stories by now, “the house we offered on was only on the market for a day and we lost in multiples to a Toronto buyer who went over asking without conditions”, and some of you will have had this thought “What if we put our home on the [...]
