Here are the key numbers from the last 30 days for detached homes in Kingston:
- Average sold price: $655,725 (about 2% lower than this time last year)
- Number of sales: 40 (about 27% fewer than last year)
- Average days on market: 54 days (about 30% longer than last year)
- Sale-to-new listings ratio: 35%
- Simple meaning: for every 100 new listings, about 35 sold in that window
- Sold price to list price: 97%
- Simple meaning: homes sold for about 97 cents on the list-price dollar
- Months of inventory: 5.5
- Simple meaning: at the current pace, it would take about 5.5 months to sell what’s listed, if no new homes came on
What this is really saying (plain English)
This looks like we are in a balanced market that leans buyer-friendly.
Not because prices are crashing—they aren’t.
But because there’s more choice, and homes are taking longer to sell, which gives buyers more time and more negotiating room.
Important note: These are overall numbers. Neighbourhood, condition, and pricing still matter a lot. Two houses a few streets apart can have totally different outcomes.
What Smart Movers Are Doing Right Now
Buyers
- Get your mortgage plan updated (even if you already talked to a lender last year)
Why it helps: it keeps your budget real and your offer stronger. - Track 10–15 homes you’d actually buy (not “maybe” homes)
Why it helps: you’ll spot value quickly when it appears. - Use the slower pace to learn areas (schools, commute, walkability, noise, winter parking)
Why it helps: fewer surprises after you move in. - Ask for the “why” behind pricing on anything you like
Why it helps: it keeps emotion from leading the decision. - Negotiate smartly (not aggressively)
Why it helps: in this market, reasonable asks often get traction.
Sellers
- Price for today, not for peak headlines
Why it helps: the market is rewarding homes that are clearly “worth it.” - Prepare like you’re competing (because you are)
Why it helps: inventory levels mean buyers compare everything. - Make your home feel easy to buy: declutter, brighten, fix small issues
Why it helps: buyers pay more for homes that feel “no work.” - Expect a longer runway than a couple years ago
Why it helps: realistic timelines reduce stress and bad decisions. - Plan a strong first two weeks (photos, staging, launch strategy)
Why it helps: that’s when the best attention shows up.