November 2021 Update
DID YOU KNOW?
– The average sale price is up 31% from this time last year
– Inventory levels continue to be in favour of Sellers, with 0.38 months of inventory in the City of Peterborough (that means it would take 12 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 and Central area of Peterborough are selling the most – each with 22 sales last month
– Interest rates are starting to go up, it’s a good time to talk to a mortgage broker and lock in a rate now
Take a look at the market snapshot for November 2021, and reach out if you have any questions. Whether you are buying, selling, or just daydreaming about a new home, I can help you make an informed decision.
📷 Little Lake cover photo credit: Emma Scott Designs