Peterborough Real Estate Stats • Peterborough Real Estate Stats • Peterborough Real Estate Stats • Peterborough Real Estate Stats • Peterborough Real Estate Stats • July 11, 2024

June 2024 Update

by Kya Seguin

DID YOU KNOW?

The average sale price is DOWN 2% from this time last year
Inventory levels are still in favour of Sellers, with 2.5 months of inventory in the City of Peterborough (that means it would take 75 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 29 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 June 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

CENTURY 21 United Realty Inc. Brokerage

INFO & SERVICES

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

Kya Seguin logo

Terms & Conditions

Independently Owned and Operated. ®/™ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2020 Century 21 Canada Limited Partnership © 2020 Century 21 Canada Limited Partnership

The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association. Not intended to solicit properties currently listed for sale or buyers under contract.

Century 21 Canada Limited Partnership currently has franchise opportunities available in select markets across Canada. The intent of this communication is for informational purposes only and is not intended to be a solicitation to anyone under contract with another real estate brokerage operation. This e-mail message contains confidential information intended only for the use of the individual or entity named above. Any unauthorized use or disclosure is strictly prohibited. If you have received this communication in error please immediately delete the e-mail and either notify the sender at the above e-mail address or by telephone.

© 2021 MoxiWorks