Real numbers, clear takeaways.
Kingston Market Watch – March 2025
The spring market has arrived, and while it’s not as fast-paced as last year, activity is steady — especially for well-priced homes. Here’s a snapshot of where things stand:
- Average Sold Price: $673,080 (flat year over year)
- Number of Sales: 145 (down 57%)
- Days on Market: 28 (21% faster than last year)
- Sales-to-New Listings Ratio: 35%
- Sold-to-List Price Ratio: 97%
- Months of Inventory: 4.3
There’s more inventory, and buyers are taking a bit more time — but the right homes are still moving quickly and close to list price. It’s a shift, but not a slowdown.
So what does this mean for buyers and sellers?
Let’s take a closer look at the term that’s starting to come up more often — and whether it really applies to Kingston.
Are We in a Buyer’s Market?
A buyer’s market happens when supply outweighs demand — giving buyers more room to negotiate and more listings to choose from.
Right now, Kingston’s numbers are leaning in that direction:
- Sales-to-New Listings Ratio: 35%
- Inventory: 4.3 months
- Sold-to-List Price Ratio: 97%
This isn’t a dramatic swing — but it is a signal.
For buyers, this means more time, more choice, and potentially more negotiating power.
For sellers, it’s a reminder that preparation and pricing are key — the homes that show well and hit the right number are still selling quickly.
🎯 In short: strategy matters on both sides of the deal.