PRESS RELEASE from the Kingston and Area Real Estate Association

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SALES
Single Family Residential Home sales cooled in the month of June from May (down 26.9%) and down 21.8% from June 2011. However, looking June Year-to-Date, unit sales are still higher than the same period in the previous year by 6.3%. Sales in the Month of June was 315 units, down from 431 in May, and down from 403 in June 2011.

The average price of homes sold in the month of June was $275,810, up 1.4% from June 2011, while the 12 Month average price kept steady at $275,216, an increase of 2.8% over the previous 12 Month period.

LISTINGS
As of June 30, 2012, there were 2,522 Active Listings in the Kingston area, of which 1,670 were Residential properties. Total Active Listings are up 1.4% from 2,488 this time last year.

The full Press Release is here ( PDF Download):



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The Kingston Real Estate blog is published by Richard Potter of Re/Max Realty Concepts. Richard is a licensed real estate associate in the province of Ontario.

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