Kingston & Area – June YTD Stats

Kingston & Area – June YTD Stats

As I suspected last month, Kingston & Area has seen a change in the local markets.  Although sales were higher than expected, the List to Sell ratio has dropped to 101%.  We haven’t seen this since last November.  We hit an all time high of 109% in May so June’s number is a nice surprise for BUYERS.  Yes, Sellers may not be as pleased with this.   This number represents how much over and under the list price the home sold for.  The last time we saw this number under 100% was in May 2020.  

Another indicator is Days On Market (DOM). This as well did creep up a bit and I suspect that July will see this increasing again.  June’s number was 14 DOM which is the highest since February.  The average for all of 2020 was 28 DOM.  

Average Sale Price is lower then last month as well.  

This could all be due to summer holidays and I suspect that buyers are all too tired of the games.  This is not to say that “offer presentation day” has gone away.  But it has started to subside.  We are seeing price changes, offer presentation day with no offers, fewer showings, fewer offers.  

I’m hoping for more successful offers by my buyers this summer.


BUYER BEWARE - The Insurance Checklist

Kathy McCaffrey has worked with L & A Mutual for 16 years and with a focus on customer service. Kathy is a lifelong resident of Newburg, ON.

Kathy will help you understand:
- what coverage you really have

- what types of items in your home are concerns for insurance companies

- what buyers / sellers needs to know when purchasing or selling a home

- and she will answer your specific questions

.... and more

L&A Mutual is celebrating it's 145th year as a truly local business & we're looking forward to moving (hopefully soon) to our new head office just across the street in downtown Napanee. They also have a branch in Harrowsmith.

L&A offers farm, home, automobile and commercial packages!


June 24th, 2021 @ 7pm

Presented by:

Kathy McCaffrey

L&A Mutual

We don’t spam! Read our privacy policy for more info.