DID YOU KNOW?
– The average sale price is up 36% from this time last year
– Inventory levels continue to be in favour of Sellers, with 0.78 months of inventory in the City of Peterborough (that means it would take 23.5 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 Central area of Peterborough are selling the most – with 14 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 January 2022, and reach out if you have any questions. Whether you are buying, selling, investing, or just daydreaming about a new home, I can help you make an informed decision.
📷 Peterborough drone cover photo credit: Brian Parypa