Kingston Market Update August 4, 2022

If you’re one of the buyers that has given up on the dream of owning a home, I’ve got some good news for you.

In July this year, there were 673 houses for sale in Kingston. Last year, at the same time, there were only 328. So there’s a lot more supply on the market. And what that’s done is it’s gotten rid of the crazy competitive bidding that may have frustrated you and made you stay home.

The other thing that’s important to know is last year in July houses were selling at 101% of the asking price. This year that’s gone to 98%. So what that says is buyers are getting a chance to negotiate and even have some conditions on their offers.

So if you’re curled up into a ball come on back out. Let’s go and find you a house. Book a consultation here.

Watch the latest market update

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