PRESS RELEASE from the Kingston and Area Real Estate Association

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PRESS RELEASE from The Kingston and Area Real Estate Association September 10, 2012

The summer months are usually a slow time for housing sales, and August was no exception with Single Family Residential Home sales totalling 234, a 24.5% drop from July, and 4.5% lower than August 2011 when 245 units were sold. Year-to-Date results continue to be strong. Sales for January to August this year total 2352 which represents a 7.3% increase over the same period in 2011. The average price of homes sold in the month of August was $272,727, while the 12 Month average price increased over the previous 12 month period by 2.7%, from $269,222 to $276,510.

As of August 31, 2012, there were 2,457 Active Listings in the Kingston area, of which 1,560 were Residential properties. Total Active Listings are up 2.7% from 2,392 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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This page contains a single entry by Richard Potter published on September 16, 2012 7:23 PM.

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