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Peterborough Real Estate Stats •
September 16, 2024
August 2024 Update
DID YOU KNOW?
- The average sale price is DOWN 9.1% from this time last year
-
Inventory levels are still in favour of Sellers, with 2.8 months of inventory in the City of Peterborough (that means it would take 83 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 23 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 August 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
Peterborough Real Estate Stats •
August 27, 2024
July 2024 Update
DID YOU KNOW?
- The average sale price is UP 3.9% from this time last year
-
Inventory levels are still in favour of Sellers, with 2.9 months of inventory in the City of Peterborough (that means it would take 87 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 of Peterborough are selling the most – with 28 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 July 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.
Peterborough Real Estate Stats •
July 11, 2024
June 2024 Update
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.
Peterborough Real Estate Stats •
June 14, 2024
May 2024 Update
DID YOU KNOW?
- The average sale price is UP 3.6% from this time last year
-
Inventory levels are still in favour of Sellers, with 2.2 months of inventory in the City of Peterborough (that means it would take 67 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 38 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 May 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.
May 13, 2024
April 2024 Update
DID YOU KNOW?
- The average sale price is DOWN 6.7% from this time last year
-
Inventory levels are in favour of Sellers, with 1.8 months of inventory in the City of Peterborough (that means it would take 54 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 April 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
April 16, 2024
March 2024 Update
DID YOU KNOW?
- The average sale price is UP 3.7% from this time last year
-
Inventory levels are in favour of Sellers, with 0.9 months of inventory in the City of Peterborough (that means it would take 28 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 of Peterborough are selling the most – with 31 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 March 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.
March 14, 2024
February 2024 Update
DID YOU KNOW?
- The average sale price is UP 3.8% from this time last year
-
Inventory levels are in favour of Sellers, with 0.9 months of inventory in the City of Peterborough (that means it would take 28 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 of Peterborough are selling the most – with 27 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 February 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.
Peterborough Real Estate Stats • Peterborough Real Estate Stats • Peterborough Real Estate Stats • Peterborough Real Estate Stats • Peterborough Real Estate Stats • Peterborough Real Estate Stats • Peterborough Real Estate Stats • 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.
January 16, 2024
December 2023 Update
DID YOU KNOW?
- The average sale price is DOWN 9.3% from this time last year
-
Inventory levels are tipping back in favour of Sellers, with 2.4 months of inventory in the City of Peterborough (that means it would take 72 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 and North ends of Peterborough are selling the most – each with 14 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 December 2023, 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
December 15, 2023
November 2023 Update
DID YOU KNOW?
- The average sale price is UP 8.5% from this time last year
-
Inventory levels are closing in on a balanced market, with 3.2 months of inventory in the City of Peterborough (that means it would take 96 days to completely sell the homes that are currently listed for sale in the city, based on the the current rate of sales activity)
-
Home price appreciation is returning to normal seasonality
-
Houses in the West end of Peterborough are selling the most – with 15 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 November 2023, 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
