Home Maintenance February 20, 2024

February Home Care Tips

You can keep your home in top shape with simple tasks throughout the year.

 

Check out some home care tips and ideas below for February.

 

The winter months are a great time to knock out deep cleaning & other interior projects.
Wondering what home projects offer the best return when it comes time to sell? Let me know!
Feb Home Care Tips
Peterborough Real Estate Stats February 16, 2024

January 2024 Update

DID YOU KNOW?

  • The average sale price is DOWN 1.4% from this time last year
  • Inventory levels are back in favour of Sellers, with 1.1 months of inventory in the City of Peterborough (that means it would take 33 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 West end of Peterborough are selling the most – with 18 sales last month

** Important to Note:

  • When months of inventory goes up, prices come down, and when months of inventory goes down, prices go up (the law of supply and demand)
  • A seller’s market = 4 months of inventory or less and a balanced market = 4-6 months of inventory.

Take a look at the market snapshot for January 2024, 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.

📷 Cover photo credit: Brian Parypa