Kingston Housing Market Update – February 2020

housing market update

The Kingston and Area Real Estate Association reports that average sale prices have increased 19.3% over February 2019.  It continues to be a sellers market with only 2.5 months of inventory available.  However 226 buyers were successful in their home search this month!  That’s a 5.1% increase in units sold over last year.  A .5% drop in the overnight lending rate and a relaxing of the mortgage stress test means that it is a great time for first-time buyers and investors to get into the market.

For the latest market information for your neighbourhood, click the links below:

Amherstview Market Update – Feb 2020  

Bath Market Update – Feb 2020  

Gananoque – February 2020  

Kingston – February 2020  

Leeds and 1000 Islands – February 2020

Lennox and Addington – February 2020  

Napanee – February 2020  

South Frontenac – February 2020

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