Kingston & Area Real Estate Market Report - February 2026

Kingston & Area (MLS® HPI) — February 2026

In February 2026, the Kingston & Area real estate market shows a composite benchmark price of $522,900, reflecting a 7.8% decrease from the previous year. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Kingston & Area real estate market exhibits a balanced condition in February 2026, with the composite benchmark price rising slightly from $517,600 in January 2026 to $522,900. This stability suggests that supply and demand are relatively aligned, despite the year-over-year price decline of 7.8% from February 2025's benchmark of $567,100. The absence of sales and listing data for the current month indicates a potential pause in market activity, which could be influenced by seasonal trends or economic factors affecting buyer confidence.

Property Type Analysis

When analyzing property types, the benchmark price for detached homes stands at $544,800, while attached/townhouses and apartments are priced at $394,200 and $363,300, respectively. The price variations among these categories highlight the ongoing demand for detached homes, which typically attract higher values, while the more affordable attached and apartment options cater to a different segment of buyers, especially in a balanced market environment.

Regional Highlights

Regionally, the Kingston & Area market reflects broader trends seen across Ontario, where many areas are experiencing similar price adjustments. The consistent decline in benchmark prices year-over-year may suggest a cooling off from the previous highs, allowing for more opportunities for first-time buyers and those looking to enter the market. The balance in the market could also indicate a shift in buyer preferences as they seek value in a changing economic landscape.

For Buyers

For prospective buyers, this balanced market presents a favorable opportunity to negotiate and explore various property types without the pressure of escalating prices. Buyers are encouraged to conduct thorough research and consider their long-term needs, as the current market conditions may allow for more favorable terms.

For Sellers

Sellers should remain realistic about pricing in the current market climate, especially given the year-over-year decline in benchmark prices. It is advisable to work closely with a real estate professional to set competitive prices and enhance property appeal to attract potential buyers in a balanced market.