Kingston Real Estate Statistics

Kingston real estate average sold price in the last 30 days (April 8 - May 7) was $672,681, which is $26,379 (3.9%) lower than the average price of $699,060 in the previous 30 day period (March 9 - April 7), and $58,824 (8.7%) up from the same period 1 year ago ($613,857). Kingston real estate prices over the last 30 days are also $44,201 (6.6%) higher than the average selling price of $628,480 over the past year.

Kingston average sold price for homes was $644,687 in the last 30 days (April 8 - May 7), which is $78,510 (12.2%) down from the average home price of $723,197 in the previous 30 day period (March 9 - April 7), and $35,013 (5.4%) lower than the same period 1 year ago ($679,700). In the last 30 days Kingston the average home price was $25,168 (3.9%) lower than the average selling price of $669,855 over the last 12 months.

Average Kingston condo sold price over the last 30 days (April 8 - May 7) was $805,800. During this period it was $275,700 (34.2%) up from the average price of condo of $530,100 during the previous 30 days (March 9 - April 7), and $360,800 (44.8%) higher compared to the same period 1 year ago ($445,000). In the last 30 days Kingston the average condo price was $489,149 (60.7%) higher than the average selling price of $316,651 over the last year.

Average selling price for Kingston real estate was $672,681 in the last 30 days (April 8 - May 7), which is collectively $1,654 (0.2%) lower than the average asking price of $724,812. This represents an increase of $11,841 (87.7%) compared to $13,495 (2.0%) Sold-Under-Asking price from the previous 30 day period (March 9 - April 7).

The maximum Sold Over/Under Asking ratio in Kingston during the last 12 months was recorded in July, 2023 with an average of $1,596 under the asking price, while the minimum occurring in March, 2024 with $31,988 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Kingston was 38.6% with 22 properties sold and 35 new properties listed in the past 30 days (April 8 - May 7). This represents a decrease from 45.7% recorded during the previous 30 day period (March 9 - April 7), and a decrease from 46.7% compared to the same period one year ago.

Over the the last year the highest SNLR in Kingston was 422.2% recorded in July and the lowest was in March at 25.0%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 22 properties that were successfully sold in Kingston in the last 30 days (April 8 - May 7) was 40 days, which is 13 days more than 27 days average in the previous 30 day period (March 9 - April 7) and 13 days longer than during the same period a year ago (27 days).

There were 24 delisted properties in Kingston, those that got either Expired, Suspended or Terminated over the last 30 days (April 8 - May 7) with an average of 58 days on the market. This is 50 days shorter than the average of 108 days during the previous 30 day period (March 9 - April 7) and 9 days less compared to the same period last year average of 67 days on the market.

24 Kingston properties that didn't sell stayed on the market 45.0% longer than 22 that sucessfully sold over the last 30 days - 40 days when sold vs 58 days when delisted respectively.

Average Days on the Market in Kingston over the past 12 months for properties that have sold was 35.1 days, with 74.2 days for those properties that did not sell.

57 new properties were listed on the market in Kingston in the last 30 days (April 8 - May 7). During the same time 22 properties were sold and 24 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 11 properties (or 19.3%).

During the previous 30 day period (March 9 - April 7) there were 35 new properties listed, 16 sold and 22 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was April with 58 new properties listed, the slowest - December with 8 new listings and a yearly average of 33 new listings per month.

There were a total of 40 homes listed during the last 30 days (April 8 - May 7), which is 70.2% of all properties listed in Kingston. This is a 66.7% increase compared with a previous 30 day period (March 9 - April 7) and 150.0% up from the same period a year ago. Over the past year an average of 25 homes are were listed per month.

12 condo units were listed in the last 30 days (April 8 - May 7) in Kingston, which represents 21.1% of all new listings. This is up 100.0% from the prior 30 day period (March 9 - April 7) and 50.0% more compared to the same period last year. There were 6 condos listed per month on average during the last 12 months.

5 townhomes were listed over the last 30 days (April 8 - May 7) in Kingston, which is 8.8% of all new real estate inventory. This is a 0.0% less than during the previous 30 day period (March 9 - April 7) and 16.7% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 3 a month.

There were a total of 16 homes sold during the last 30 days (April 8 - May 7), which is 72.7% of all properties sold in Kingston. This is a 14.3% increase compared with a previous 30 day period (March 9 - April 7) and 60.0% up from the same period a year ago. Over the past year an average of 20 homes are were sold per month.

5 condo units were sold in the last 30 days (April 8 - May 7) in Kingston, which represents 22.7% of all sold properties. This is up 150.0% from the prior 30 day period (March 9 - April 7) and 150.0% more compared to the same period last year. There were 3 condos sold per month on average during the last 12 months.