I am not a big fan of publishing real estate statistics, especially
here in Kingston as our board covers such a large and diverse area with
a wide selection of housing. You have to be careful determining the
"Average Residential Price".
"The jurisdictional area of the Kingston & Area Real Estate Association includes the County of Frontenac (Kingston, North Frontenac Township, Central Frontenac Township, South Frontenac Township & Frontenac Islands Township), the County of Lennox and Addington (Greater Napanee, Stone Mills Township, Addington Highlands Township and Loyalist Township), the County of Leeds and all incorporated villages, towns and cities within the same geographic area."
This is large area! Depending on location, we can have a difference of a $100,000 or more for the same house. This is a huge percentage of the "Average Residential Price" which was $230,473 in September.
Non the less, they do tell a story about the overall Market, and it seems a Real Estate Blog should have them.
The September highlights are: (August in Brackets)
Here is the link for the September summary.
http://creastats.crea.ca/king/
"The jurisdictional area of the Kingston & Area Real Estate Association includes the County of Frontenac (Kingston, North Frontenac Township, Central Frontenac Township, South Frontenac Township & Frontenac Islands Township), the County of Lennox and Addington (Greater Napanee, Stone Mills Township, Addington Highlands Township and Loyalist Township), the County of Leeds and all incorporated villages, towns and cities within the same geographic area."
This is large area! Depending on location, we can have a difference of a $100,000 or more for the same house. This is a huge percentage of the "Average Residential Price" which was $230,473 in September.
Non the less, they do tell a story about the overall Market, and it seems a Real Estate Blog should have them.
The September highlights are: (August in Brackets)
- September $ Sales: $76,578,476 ($76,719,7340)
- September Residential Transactions: 308 (316)
- Average residential price: $230,473 ($231,365)
- New Residential Listings: 577 (515)
- Active Residential Listings: 1675 (1810)
Here is the link for the September summary.
http://creastats.crea.ca/king/
I referred few investment and realty blogs and can say that it will take start of 2010 to appreciate values again. Thanks for this post.
Interesting numbers, especially so soon after the market crash. It is especially fascinating to see that there was a increase in price and sales. Even other Canadian real estate markets such as realty in Calgary only started to see a positive increase in price in March 2009.