Median Sale Price is up so far this year...

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Market Trends

Median Sale Price is up so far this year in Kingston vs. 2018

We are approaching the end of August, and the kids are heading back to school.  Cool nights arrived over the weekend and change is definitely in the air…

However, the Median Sale Price for single-family homes so far this year in Kingston has only changed a bit, up about 1% vs. last year in its entirety (Please note, the last blog post about Kingston was comparing Year to Date stats, which shows a larger increase so far this year vs. last year, year to date). 

Looking at the graph, median sale prices during the last 2 years are still below the high mark back in 2017 when the median sale price was $460,500.  The Median Sale Price of $430,000 so far this year represents abut a 7% drop vs. the peak in 2017.  That being said, this continues to be an excellent time to sell if you have been thinking about it.  We’ll keep you posted on how the rest of the year turns out.

kingston med s.p. trend 8.27.2019

 

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