Kingston Fourth Quarter Report

Fourth Quarter 2010

The fourth quarter of 2010 closed only nearly 40% fewer transactions than in 2009, but the average closing time was less than half as long.

The average sales price decreased by 26%.  On the average, sellers accepted 11% less than their original asking price.

If you are a buyer, now is the time. If you are a seller, be patient.

As of this date (February 1), there are 38 single family residences on the market, ranging in list price from $60,000 to $1.2 million. The average list price is $427,462.  If the $1+ million listing is not taken into account (it's clearly an exceptional property), the average list price is $406,500.

If you'd like the selling details of the home that closed in your neighborhood, send me an email. I'll be happy to send them to you.

Kingston December activity behind last December

 Closed Transactions Month of  December

Please note: we are comparing closings during this year's December and last year's December.

There were 42% fewer closings this December compared to December of last year.

Transactions closed much faster.  The average selling price dropped 30%. (Buyers note!)

Sellers accepted 16% less than they originally asked. 

Inventory in Kingston  is still good.  It's still a buyer's market.

If you would like details of the home that closed in your neighborhood, call or email me.

Kingston still a buyer's market--but where are the buyers?

 Kingston Closed Transactions Month of November

Very little action in Kingston last month.  

Transactions closed much faster.  The average selling price was down by only twelve percent, much better than the nation as a whole--but remember all real estate is local.   

Sellers priced their homes much more realistically as evidenced by the fact that they are conceding only seven percent of their original listing prices.

Inventory in Kingston is still good.  It's still a buyer's market.

If you would like details of the home that closed in your neighborhood, call or email me.

Kingston Market Report: Slow--still favors buyers

 Closed Transactions Month of October

Forty-two  percent fewer closings this October than last year.

Transactions closed over five months faster but the average selling price is down by thirty percent. 

Inventory in Kingston is strong: 46 homes to choose from.  It's still a buyer's market

If you would like details of the home that closed in your neighborhood, call or email me.

Silverdale transactions up

Closed Transactions Sept 15-21

A relative jump in the number of transactions, but . . .

much longer selling times and slightly lower sale prices.

The Silverdale  market continues to favor buyers.

If you would like details of the home that closed in your neighborhood, call or email me.

Kingston market improves this week

Closed Transactions Sept 15-21

Though the numbers are small, they are encouraging.

The higher average sale price was skewed because of an unusually large sale

The Kingston market continues to favor buyers.

If you would like details of the home that closed in your neighborhood, call or email me.