Kingston Springs Housing Market Update: November Recap
This year, it seems we can just throw all expectations of seasonal trends out the window! Typically one of the slowest times in the year, this November was action packed in the Kingston Springs housing market.
Let's take a quick look at some interesting data points from the Kingston Springs market, comparing November 2024 to November 2025:
- The number of new listings in the month of November was up 100% from 2024
- The Average days on Market for Closed Homes went from 67 days, to 33. A 47% decrease
- Closings rose 100% year over year with a total of 10 closed home sales for the month
Now you may be asking your device, “Jack, why does this matter and why do I care about those random bullet points?”
Well, the reason this matters is the sales records are demonstrating buyer demand and buyer activity, something we (or at least myself) have been scratching our heads about all year. To sum it up succinctly, I would recap the November market as follows:
Inventory doubled in Kingston Springs from last year, sold in half the amount of time, and there were double the amount of closings this November compared to last.
That sounds pretty positive!
As far as closings for the year, November was the second most active month for closings in 2025, just behind February (11).
What this is telling me is that buyers have decided to take advantage of the high level of inventory on the market, write offers and move forward with purchasing a home. Throughout the year, we have experienced a lot of unusual trends and activity, which has led folks to ask “What is going on in the housing market?!” It appears that a slight reduction in interest rates, a batch of new homes hitting the market and seller expectations coming to terms with buyer demand has moved the needle to generate not just showings, but closings.
And now, for my final paragraph, I will get to the part everyone cares about the most: the price.
Even with all of this news and excitement, the median sales price of homes that sold in November stayed relatively flat from previous months. Despite no change in price I would say a surge of closings, unusual activity for the season and prices remaining relatively unaffected: November was a great month! Time will tell where the market is headed as we enter into 2026 and embrace further change.
Additionally, thank you for reading and following along with me this year. It has been a pleasure contributing to the Gazette, and I always enjoy meeting folks around town who read my articles. I look forward to many more to come in 2026!
If you enjoy reading my recaps, have any questions about the data I share or have questions about the local market in general, I would love to hear from you. As always, there’s a hot cup of coffee waiting for you at Turnbull Provisions if you would like to meet and discuss.
Thank you everyone and Merry Christmas
Jack
