There is no doubt that the weather has had an impact on the January market Kingston Area Real Estate Association Board Wide sales reflect a 22% decline in sales volumes over 2013 as of the end of January 2014. Prices posted modest gains board wide, largely as you can see from the City of Kingston sale price averages attributable to an increase in rural sale price averages in January. It’s too early to read a trend line into this for 2014 but there is likely no doubt that the severity of weather has impacted real estate sales. Sales numbers tabled below:
Market Unit Sales 2014 Unit Sales 2013 % Difference Avg. Price 2014 Avg. Price 2013 % Difference
KAREA Board 123 158 -22% $284,204 $275,219 3%
City of Kingston 81 96 -18% $306,987 $308,072 -0. 3%
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Notes: Data for this post was sourced from the Kingston & Area Real Estate Association MLS ® System Sales data for the periods as noted within. This pro-active post is brought to you by RealtySource Inc., Brokerage and it is never our intent to solicit buyers or sellers under contract with a real estate broker. It is always our intent to solicit your interest in discussing real estate. Information is provided for discussion purposes only.
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