Kingston and Area real estate continues to be a sellers market. Low inventory and high buyer demand continue to affect average selling prices.
Compared to last month, sales activity dropped by 3.1% and active listings dropped 5.9%. Average selling price dropped slightly by 0.9%. Sellers, who would normally wait for the “spring market” are choosing to list now.
Year to date, average selling prices have increased by 27.2%! Smart buyers are taking advantage of reduced competition during the winter months.
Are you thinking of selling your home? Contact us to discuss a smart selling strategy.
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Data provided by the Kingston and Area Real Estate Association