Peterborough Real Estate Stats • February 16, 2022

January 2022 Update

by Kya Seguin

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

3 mistakes to avoid when selling your home

by Kya Seguin

Here are 3 mistakes to avoid when selling your home

1. Not researching your current market.

2. Not understanding the pitfalls of not pricing right.

3. Not understanding the power of staging.

Whether you’re moving up to a larger home, downsizing or relocating, selling your home can be both stressful and rewarding. If you’ve been through the process before, you may think you’re ready to take on the home-selling procedure on your own, but even seasoned sellers can make mistakes that impact their bottom line.

Interested in learning more? Reach out to book a free consult today.

CENTURY 21 United Realty Inc. Brokerage

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387 George Street South
Peterborough, ON K9J 3E1
Office: 705-743-4444
Cell: 705-957-4354
kya.seguin@c21.ca

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