Kingston and Area Real Estate Association Reports June 2026 Composite Benchmark Price at $549,900 with 353 Sales; Price Down 1.2% YoY

Kingston and Area Real Estate Association — June 2026

The Kingston and Area Real Estate Association reported 353 home sales in June 2026. The overall MLS® HPI composite benchmark price was $549,900, representing a 1.2% decline compared to June 2025.

Market Analysis

The Kingston and Area Real Estate Association reported that the number of homes sold through its MLS® System totaled 353 units in June 2026. This figure was down 0.3% from June 2025. The overall MLS® HPI composite benchmark price was $549,900 in June 2026, a decline of 1.2% compared to June 2025. The average price of homes sold in June 2026 was $652,470. New listings totaled 858 units, while active listings numbered 1,534 units on the market at the end of June.

Compared to the prior month, May 2026, the composite benchmark price of $549,900 in June 2026 was up from $545,800. Total sales increased from 317 units in May 2026 to 353 units in June 2026, and active listings rose from 1,437 units in May 2026 to 1,534 units in June 2026. According to Luca Andolfatto, President of the Kingston and Area Real Estate Association, “Sales were little changed from where they stood in the same month in the previous two years, even as new listings ratcheted up to their highest June on record.” Mr. Andolfatto also stated, “Inventories have begun moving sharply upwards over the past few months as an acceleration in supply has outpaced demand. Our local market remains in buyer’s territory, which in theory should be bringing buyers back off the sidelines with all the choices available to them. However, it appears that buyers are still holding off on making purchases for the time being.”

Property Type Analysis

The benchmark price for single-family detached homes was $575,300 in June 2026, down 1.4% on a year-over-year basis. For attached/townhouse units, the benchmark price was $398,200, a decrease of 5% compared to a year earlier. The benchmark price for apartment units was $348,400, a decrease of 4.4% from year-ago levels.