Kingston Residential Housing Market Update – January 2020

The January housing market was hot!  Homeowners who sold in January 2020 were rewarded with a 12.2% increase in average sales prices.  Buyers continue to be frustrated with the competitive market.  Homes priced under $400,000 continue to attract multiple offers and 198 properties sold without conditions.  With only 2.6 months of inventory available, buyers must be ready to move quickly when a great property hits the market.

If you are a Seller, now is a great time take advantage of this hot market.  Dreaming of downsizing, upsizing, or investing?  Let’s talk about how we can make your dreams come true.

If you are a Buyer, now is the time to have a realtor acting as your advocate and trusted advisor.  Let’s talk about how to win in multiple offers without blowing your budget.

 

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