Kingston Real Estate Statistics

Kingston Real Estate Price Trend
Kingston real estate average sold price in the last 30 days (November 6 - December 5) was $505,663, which is $178,337 (35.3 %) lower than the average price of $684,000 in the previous 30 day period (October 7 - November 5), and $410,274 (81.1 %) down from the same period 1 year ago ($915,937). Kingston real estate prices over the last 30 days are also $141,922 (28.1 %) lower than the average selling price of $647,585 over the past year.
Kingston average sold price for homes was $525,000 in the last 30 days (November 6 - December 5), which is $415,000 (79.0 %) down from the average home price of $940,000 in the previous 30 day period (October 7 - November 5), and $390,937 (74.5 %) lower than the same period 1 year ago ($915,937). In the last 30 days Kingston the average home price was $219,095 (41.7 %) lower than the average selling price of $744,095 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Kingston real estate was $505,663 in the last 30 days (November 6 - December 5), which is collectively $663 (0.1 %) lower than the average asking price of $742,266. This represents an increase of $7,777 (92.1 %) compared to $8,440 (1.3 %) Sold-Under-Asking price from the previous 30 day period (October 7 - November 5).
The maximum Sold Over/Under Asking ratio in Kingston during the last 12 months was recorded in May, 2021 with an average of $36,713 over the asking price, while the minimum occurring in December, 2020 with $22,779 below the asking price.
Sales to New Listings Ratio
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 50.0 % with 3 properties sold and 10 new properties listed in the past 30 days (November 6 - December 5). This represents an increase from 20.0 % recorded during the previous 30 day period (October 7 - November 5), and a decrease from 88.9 % compared to the same period one year ago.
Over the the last year the highest SNLR in Kingston was 220.0 % recorded in June and the lowest was in November at 33.3 %. 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 3 properties that were successfully sold in Kingston in the last 30 days (November 6 - December 5) was 54 days, which is 17 days more than 37 days average in the previous 30 day period (October 7 - November 5) and 41 days longer than during the same period a year ago (13 days).
There were 1 delisted properties in Kingston, those that got either Expired, Suspended or Terminated over the last 30 days (November 6 - December 5) with an average of 61 days on the market. This is 1 days shorter than the average of 62 days during the previous 30 day period (October 7 - November 5) and 31 days more compared to the same period last year average of 30 days on the market.
1 Kingston properties that didn't sell stayed on the market 13.0 % longer than 3 that sucessfully sold over the last 30 days - 54 days when sold vs 61 days when delisted respectively.
Average Days on the Market in Kingston over the past 12 months for properties that have sold was 28.3 days, with 67.0 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
6 new properties were listed on the market in Kingston in the last 30 days (November 6 - December 5). During the same time 3 properties were sold and 1 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 2 properties (or 33.3 %).
During the previous 30 day period (October 7 - November 5) there were 10 new properties listed, 2 sold and 6 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was April with 14 new properties listed, the slowest - January with 4 new listings and a yearly average of 9 new listings per month.
New Real Estate Listings by Property Type
There were a total of 2 homes listed during the last 30 days (November 6 - December 5), which is 33.3 % of all properties listed in Kingston. This is a 75.0 % decline compared with a previous 30 day period (October 7 - November 5) and 50.0 % down from the same period a year ago. Over the past year an average of 6 homes are were listed per month.
2 condo units were listed in the last 30 days (November 6 - December 5) in Kingston, which represents 33.3 % of all new listings. This is up 100.0 % from the prior 30 day period (October 7 - November 5) and 60.0 % less compared to the same period last year. There were 3 condos listed per month on average during the last 12 months.
Real Estate Sales by Property Type
There were a total of 1 homes sold during the last 30 days (November 6 - December 5), which is 33.3 % of all properties sold in Kingston. This is a 0.0 % decline compared with a previous 30 day period (October 7 - November 5) and 87.5 % down from the same period a year ago. Over the past year an average of 6 homes are were sold per month.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
64916427