Recently in Monthly Stats Category

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)

  • 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/

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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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