Kingston Market Update May 5, 2022

May 5

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.

Watch the latest market update

Check out this article next

Selling Your Home 7 - Offers and Closing Day

Selling Your Home 7 - Offers and Closing Day

What are your options when negotiating offers?The final, and most important, steps in selling your home are negotiating offers and closing the transaction.In this video,…

Read Article