Cataraqui River East, Kingston - August 2026 Real Estate Report

Cataraqui River East, Kingston: Here's What Your Home Is Actually Worth Right Now

If you've been glancing at your city tax assessment and thinking it tells the full story, it doesn't. The market in Cataraqui River East has been moving, and the numbers on paper haven't caught up. Here's the real picture for homeowners and anyone thinking about making a move this summer.

The Vibe: Houses vs. Condos - Two Very Different Stories

We're seeing a split in our neighbourhood right now, and it matters depending on what you own.

Houses are taking a breather. The average HonestDoor Price for a house sits at $672,856, down about 0.92% from last period. The predicted market value is $679,130, which is slipping below the 3-month moving average of $688,360. Property values have dipped 1.80% recently, and on the neighbourhood growth leaderboard, houses rank 36 out of 44 Kingston neighbourhoods. That puts us near the bottom tier for growth right now - no sugarcoating it.

The silver lining? Houses here are still selling. The average sale price is $769,900, listings are sitting at $779,900, and homes are moving in an average of just 13 days. Days-on-market ranks 2 out of 8 comparable areas - that means our houses sell faster than most. Buyers are paying 98.72% of list price, so we're in a stable buyers' market where smart pricing still gets deals done.

• Average HonestDoor Price (Houses): $672,856
• Average Sale Price: $769,900
• Price Per Square Foot: $507
• Average Days on Market: 13
• Sale-to-List Ratio: 98.72%
• Rental Estimate: $3,137/month
• Rental Yield: 5.29%
• Growth Rank: 36 out of 44 Kingston neighbourhoods

Condos are a different story - and a good one. The condo market here is quietly climbing. The average HonestDoor Price is $425,922, up 1.54% from last period. The predicted market value of $419,474 is rising above the 3-month moving average of $416,845. Values are up 1.52% recently, and condos rank 15 out of 44 Kingston neighbourhoods for growth - that's solidly above average. If you own a condo in Cataraqui River East, your asset is moving in the right direction.

• Average HonestDoor Price (Condos): $425,922
• Predicted Market Value: $419,474
• Recent Value Change: +1.52%
• Rental Estimate: $2,208/month
• Rental Yield: 3.99%
• Growth Rank: 15 out of 44 Kingston neighbourhoods

The Secret Sauce: Why You Should Check Your HonestDoor Price Today - Not Next Tax Season

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what happened in the market last month, last week, or yesterday. The HonestDoor Price is updated in real time, which means it reflects what a buyer would actually pay for your home right now, not what a government office estimated a year or two ago.

For house owners in Cataraqui River East, that gap matters. Your assessed value could be sitting higher than where the market actually is today, given the recent 1.80% dip. Going into a sale with inflated expectations based on an old assessment is how homes sit unsold. The HonestDoor Price is your real-world check - use it before you price, not after.

For condo owners, the story flips. Your HonestDoor Price may actually be outpacing your last assessment, meaning you could be sitting on more equity than you think. That's worth knowing.

The "So What?" - Thinking About Selling This Summer?

If you own a house and want to sell this summer, the window is real but it requires sharp pricing. Homes are moving in 13 days on average, which tells us buyers are active - they're just not overpaying. Pricing at or just under $769,900 based on current sale data gives you the best shot at a clean, fast transaction. The 98.72% sale-to-list ratio means overpricing by even a little will cost you time and negotiating ground.

Rental income is a genuine backstop here too. At $3,137 per month with a 5.29% rental yield, holding the property while you wait for the right offer is a real option - not just a consolation prize.

If you own a condo and are thinking about selling, the momentum is on your side right now. Values are ticking up, growth ranks above average in Kingston, and the trajectory is positive. Selling into rising momentum is almost always better than waiting to see if it continues.

Bottom line - whether you own a house or a condo in Cataraqui River East, the smartest first move is pulling your HonestDoor Price today. Know your number before anyone else does.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.