March 2025 Kingston & Area Real Estate Market Update

More listings, more sales — and the balance held

March is where the market usually shows its hand.

It’s the first month where spring behaviour starts to appear, and where expectations are tested against reality.

In Kingston and surrounding areas, March 2025 delivered a clear message:
activity increased, but leverage stayed balanced.

The big takeaway from March

Spring energy arrived, but urgency didn’t

Sales rose again in March, continuing the steady climb from January and February. At the same time, new listings increased even faster.

That combination matters.

It means buyers were more active, but they were not competing aggressively. Supply continued to keep pace with demand, preventing pressure from building.

📊 By the numbers – March 2025 (Kingston & Area)

(Source: Page 2 – MLS® Residential Market Activity, Actual March 2025)

• Sales: 177 homes sold

• Dollar volume: $113,894,739

• New listings: 509 homes listed

• Active listings: 966 homes on the market

• Sales-to-new-listings ratio: 34.8%

• Months of inventory: 5.5 months

• Average sale price: $643,473

• Median sale price: $585,000

• Sale-to-list price ratio: 97.3%

• Median days on market: 18 days

Plain-language takeaway: activity increased on both sides of the market, but buyers still had options and time.

What March tells us about buyers

March buyers were engaged and confident.

They:

• Booked more showings

• Moved decisively when value made sense

• Avoided overpaying simply to “win”

With inventory still elevated, buyers didn’t need to rush. That kept negotiations grounded and predictable.

What March tells us about sellers

March rewarded sellers who came to market prepared.

Homes that were priced correctly and presented well saw strong interest and quicker turnarounds. Homes that stretched on price continued to sit, even with higher buyer activity.

More buyers does not erase pricing mistakes.

Why March matters

March is often the month where markets tip toward sellers.
This one didn’t.

Inventory remained high enough to absorb increased demand. Negotiation remained normal. Balance held.

That’s an important signal as we head deeper into the spring market.

What this means heading into April

If March is any indication, spring 2025 will be active — but not frantic.

Buyers will stay selective.
Sellers will need to be precise.
Outcomes will depend more on execution than timing.

Thinking about your next move?

March showed a market that’s functioning well, not emotionally.

If you’re considering a move this spring or summer, understanding how these conditions apply to your situation matters more than chasing headlines.

If you want to talk it through, I’m always happy to have that conversation. No pressure. Just clear, local insight grounded in real numbers.