What 2024 Means for Buyers and Sellers in 2025

by Thomas Barcier

How to think about the Kingston market moving forward

By the end of 2024, one thing became clear.

The Kingston real estate market didn’t just change.
It set new expectations.

The mistake heading into 2025 would be assuming those expectations disappear with the calendar.

They won’t.

What follows isn’t a forecast. It’s a framework. A way for buyers and sellers to think clearly about the market they’re stepping into.


If you’re buying in 2025

The biggest shift buyers experienced in 2024 wasn’t pricing. It was confidence.

Buyers learned that:

  • The market isn’t running away from them

  • Choice exists, even in desirable areas

  • Walking away is often a strength, not a risk

That mindset doesn’t reset in January.

What buyers should carry into 2025

  • Preparation matters more than speed

  • Value matters more than headlines

  • Negotiation is normal again

This doesn’t mean buyers should wait endlessly. It means they should act deliberately, not emotionally.

The advantage in 2025 will belong to buyers who understand their position and move when the right opportunity appears.


If you’re selling in 2025

2024 taught sellers an uncomfortable but useful lesson.

The market will still sell homes.
It just won’t rescue bad assumptions.

In 2025, sellers should expect:

  • More competition from other listings

  • Buyers who compare everything

  • Pricing that needs to be right the first time

What sellers should adjust

  • Strategy beats timing

  • Accuracy beats optimism

  • Presentation matters more with choice

Homes that are priced and prepared properly will continue to sell. Homes that rely on “seeing what happens” will often spend more time on the market than expected.


What hasn’t changed going into 2025

This is important.

Despite all the adjustments, a few fundamentals remain intact:

  • People still need to move

  • Kingston remains a desirable place to live

  • Well-located, well-priced homes still attract demand

2025 isn’t about fear or urgency.
It’s about alignment.


The biggest mistake people will make in 2025

Waiting for clarity.

2024 already provided it.

The market has shown how it behaves when:

  • Inventory is higher

  • Buyers have leverage

  • Sellers must compete

The people who struggle in 2025 will be the ones acting on outdated expectations. The people who do well will be the ones who adjusted their thinking early.


How to approach decisions this year

The smartest approach to 2025 isn’t asking:

“Is now the right time?”

It’s asking:

“Am I prepared for the market I’m actually in?”

When preparation meets opportunity, timing matters a lot less.


Final thought

2024 quietly rewrote the rules.
2025 will reward the people who learned them.

Whether you’re buying, selling, or just planning ahead, clarity beats confidence every time.

If you want to talk through how these conditions apply to your situation specifically, I’m always happy to do that. No pressure. Just an honest conversation grounded in the reality of this market.

GET MORE INFORMATION

2392 Princess St, Kingston, ON, K7M 3G4, CAN
Name
Phone*
Message