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Kingston market slows in February

By
Real Estate Agent with Coldwell Banker Bain 49381

 Kingston Closed Transactions Month of February

 

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

 

February this year saw 40% fewer closings in Kingston.

 

Transactions closed very quickly--in just over a month.  The average selling price was down by 22%.

 

Sellers accepted 5% less than they originally asked. The low time on market indicates that the 3 homes that sold this quickly were priced for the market.

 

There are 38 Kingston homes in inventory at all price ranges ($137,700 - $1,200,000).  Average asking price is $442,220, with half of the 38 homes under $435,000.

 

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