Balance Returns to Kingston Real Estate
After two years of swings, Kingston has settled into itself again.
The numbers say it plainly: in October we saw 248 sales, 609 new listings, and 1,200+ active homes.
A 48% sales-to-new-listings ratio and 4.5 months of inventory point to a market that’s calm, fair, and steady.
The average sold price ($630–$650K) sits just under last fall. Homes now take about five weeks to sell — often with conditions — a far cry from the no-inspection days.
Then, towards the end of October the Bank of Canada delivered a gift and cut rates to 2.25%.
Cheaper money meets more selection.
Buyers get space. Sellers get serious buyers.
This is a thinking market.
The fast money is gone. The smart money moves now.
Jay’s Take
This market rewards skill, not speed.
Buyers aren’t rushing. Sellers aren’t guessing.
When the playing field is level, experience matters even more.