Kingston Market Update May 5, 2022

We’ve been hearing that housing prices are dropping and actually in the Kingston area, they were down 6.6% in April over March. March was particularly high. But we’re still seeing competitive offers. So on average, last week, 60 homes sold 46 of them were over asking price and average 20% over asking price. So buyers still need to be sharp and competitive when they’re out there. And sellers, prices are stabilizing, but they certainly haven’t crashed.

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