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Kingston Real Estate Market – February 2022

An Article Created by the Quaresma Realty Group

Jordan Quaresma, Sales Representative with RE/MAX RISE Executives, Brokerage and Team Leader of the Quaresma Realty Group recaps the Kingston Real Estate Market for February 2022.

Your Kingston Real Estate Market Recap for February 2022.

  • The total number of residential transactions was 164, which is up from the 103 we saw in January 2022. Year to date, this was down 15% from February 2021.
  • There was an average of 9 days on market in February 2022, which is 2 days fewer than what we saw in January. Year to date, we are down 56%. Homes are now selling three times quicker than they did in the two months leading up to the pandemic in 2020.
  • The average sale price last month was $732,000, up from $681,000 in January 2022. This is up 24% year to date from February 2021. We saw homes sell for 16% more than the listed price in February 2022. Will this upward trend continue in the months to come? You will just have to stay tuned to find out.

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