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DID YOU KNOW?
– 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
