March 2026
This month brought a noticeable shift in the Kingston and area housing market. After a slower start to the year, the numbers now point to a market that is giving buyers more room to move, while sellers need to be more strategic than they have been in recent years.
Sales activity totalled 178 transactions for March 2026, down 11.9 per cent from March of last year, based on data from the Kingston and Area Real Estate Association. A pattern that has been building since late 2025 continues, with higher borrowing costs and more cautious buyers reducing overall demand. New listings increased to 607, up 4.1 per cent year over year.
More homes are coming onto the market, but fewer are selling. The result is a steady build in inventory, with 970 active listings at the end of March 2026. Months of inventory now sit in the 5.4-5.7 range, showing a balanced market that leans toward buyers, helping readers understand the current environment.
Prices have adjusted accordingly. The average sale price in March was $572,298, down 11.0 per cent from a year ago. The median price also declined to $525,500, reflecting a broader softening across price ranges rather than isolated changes at the high or low end.
Prices have adjusted accordingly. In March, the median sale price was $572,298, an 11.0% decrease from last year.
The median days on market has increased to about 25 days. Conditions have shifted from the rapid pace of previous years, yet activity remains steady by longer-term standards. Buyers now have time to view properties, compare options, and make more informed decisions without the pressure of multiple offers most of the time.
Breaking things down further, the single-family segment continues to carry the bulk of activity in March 2026, with average prices holding above $600,000, though down slightly year over year. Townhomes and apartments are showing more variability, with sharper price adjustments and longer marketing times in segments where inventory has increased more quickly.
For buyers, the March 2026 environment offers more choice, less competition, and a greater ability to include conditions such as financing and home inspections. This shift allows buyers to negotiate more effectively and make more informed decisions, which is crucial for their planning.
For sellers, the strategy has changed. Presentation and pricing are now critical. Homes that are well-prepared, correctly priced, and aligned with recent sales can confidently attract interest and sell efficiently, giving sellers a sense of control over their outcomes.
Looking at the year-to-date numbers, the trend remains consistent. March 2026 sales are down 12.0 per cent, and average prices are down 9.2 per cent compared to the same period last year. The shift underway is broader than a single month and reflects a move toward more balanced conditions.
As the spring market continues, the key question will be whether buyer activity increases enough to keep pace with the growing supply. A pickup in demand would stabilise pricing. Continued inventory growth without matching sales could additionally pressure prices in the next quarter.
For now, the Kingston market is adjusting, not declining. A more balanced environment is taking shape, allowing both buyers and sellers to make more measured decisions.
Frequently Asked Questions
Is Kingston in a buyer’s or seller’s market right now?
Kingston is currently in balanced market territory, with conditions leaning toward buyers. Inventory has increased to over five months of supply, giving buyers more choice and reducing the urgency that defined previous years.
Are home prices dropping in Kingston?
Prices have adjusted compared to last year, with the average sale price down about 11 per cent year over year. The change reflects a market correction rather than a sharp decline. Well-priced homes are still selling close to asking.
How long are homes taking to sell?
The median time on market is now around 25 days. That is longer than the fast-paced conditions seen during the peak years, but still represents a reasonably active market.
Is now a good time to buy a home in Kingston?
For many buyers, current conditions offer more flexibility than in recent years. There is more inventory, less competition, and a greater ability to include conditions such as financing and home inspections.
Do sellers need to adjust their strategies in this market?
Yes. Pricing and presentation are now critical. Homes that are priced correctly and show well are still selling, while those that are overpriced or not well prepared are taking longer and may require price adjustments.
Will prices continue to fall in Kingston?
Future pricing will depend on how buyer activity responds during the spring market. Increased demand would help stabilise values, while continued inventory growth without matching sales could further depress prices.
Don’t Miss These Guides
Understanding the March numbers is only part of the picture. A shifting market affects how buyers approach financing and negotiation, as well as how sellers position their homes to stand out. These guides provide deeper context on strategy, preparation, and decision-making in a market that is no longer moving at the pace of previous years.
First Home Purchase: Kingston Area
Covers the full buying process from planning to closing. Especially relevant now as buyers regain negotiating power and have more time to make informed decisions.
Relocating to Kingston and Area 2026
Explores timing, market entry points, and local factors. Helpful for buyers entering a more balanced market where selection is improving, but pricing still requires careful evaluation.
Home Inspections: Benefits for Buyers and Sellers
Explains why inspections matter on both sides of the transaction. With fewer multiple offer situations, inspections are once again a key part of the negotiation process.
Preparing Your Home for Sale: Presentation, Privacy, and Security
Focuses on how preparation affects buyer perception and sales outcomes. In a more competitive listing environment, presentation and pricing strategy are critical.
Selling Your Home: 20 Questions to Ask Before Listing
Helps sellers prepare before entering the market. Especially useful in current conditions where pricing, timing, and presentation decisions have a direct impact on how quickly a home sells and at what price.
Call to Action
Whether you are thinking about buying, selling, or simply trying to understand what these changes mean for your plans, having current, local insight makes a difference. Reach out anytime to talk about your next move in the Kingston and area market. For a full view of houses for sale in the area, you can look at my site , Realtor.ca, Houseful or HouseSigma.