Peterborough Real Estate Stats January 18, 2022

December 2021 Update


– The average sale price is up 35% from this time last year

– Inventory levels continue to be in favour of Sellers, with 0.18 months of inventory in the City of Peterborough (that means it would take 5 days to completely sell the homes that are currently listed for sale in the city, based on the the current rate of sales activity)

– Houses in the North end and Central area of Peterborough are selling the most – each with 11 sales last month

– With looming interest rate increases, now is a great time to talk to a mortgage broker and lock in your rate

Take a look at the market snapshot for December 2021, and reach out if you have any questions. Whether you are buying, selling, or just daydreaming about a new home, I can help you make an informed decision.

📷  Peterborough drone cover photo credit: Brian Parypa