September 2024 Kingston Real Estate Market Update

September is usually when the market “wakes back up.”

Kids are back in school. Routines return. Buyers and sellers refocus. But in Kingston this year, September didn’t reset the market.

It refined it.

Activity picked up from August, but the underlying tone stayed the same: measured, selective, and disciplined.

The big takeaway from September

More engagement, same expectations

September 2024 showed a modest rebound in sales compared to August, which is typical for early fall. What didn’t change was buyer behaviour.

Inventory remained elevated.
Homes still took longer to sell than in peak years.
Pricing accuracy continued to separate winners from leftovers.

This wasn’t a return to urgency. It was a return to participation.

📊 By the numbers – September 2024 (Kingston & Area)

• Sales: 292 homes sold

• New listings: 588 homes listed

• Active listings: ~1,240 homes on the market

• Sales-to-new-listings ratio: ~50%

• Months of inventory: ~4.0 months

• Average sale price: ~$635,000

• Median sale price: ~$578,000

• Sale-to-list price ratio: ~97%

• Median days on market: ~25 days

Plain-language takeaway: buyers came back after summer, but they did not give up leverage. Choice still defined the market.

What September tells us about buyers

September buyers were engaged, not aggressive.

They:

• Booked showings again

• Acted when value made sense

• Walked away quickly when it didn’t

This is a buyer who understands the market isn’t running away from them. That confidence continues to shape negotiations.

What September tells us about sellers

September rewarded sellers who adjusted over the summer.

The market still sold homes. It just didn’t rescue pricing mistakes.

Listings that were priced realistically benefited from renewed attention.
Listings that entered fall overpriced struggled to regain momentum.

Fall activity helps, but it doesn’t replace strategy.

The pattern that September confirmed

At this point, the 2024 story is consistent.

This is a market defined by:

• Choice instead of competition

• Evaluation instead of emotion

• Strategy instead of timing

September didn’t break the trend. It strengthened it.

What this means heading into October and November

As we move deeper into fall, activity typically tapers gradually. In a market with higher inventory, that means leverage doesn’t automatically swing back to sellers.

Buyers who remain active will continue to negotiate from a position of strength.
Sellers who want results before year-end will need to be sharp, not hopeful.

The market is still working. It’s just honest.

Thinking about your next move?

If September felt “busier but not easier,” that’s exactly what the data shows.

Whether you’re buying, selling, or deciding whether to wait until 2025, understanding how these conditions affect your position matters more than guessing where headlines go next.

If you want to talk it through, I’m always happy to do that. No pressure. Just clear guidance based on real numbers.