Peterborough Real Estate Blog

Peterborough Real Estate Market Update

Last updated January 5, 2023, at 12:45 p.m.

The Peterborough real estate market has finished December and shows balanced conditions at most price points and locations. Inventory has dropped off from the high level for the past year reached in October.

Sales volume has also dropped. Buyers are nervous with the inflation...

Peterborough Real Estate Market Update

Last updated Nov 1, 2023, at 11:55 a.m.

The real estate market in Peterborough is nearing the end of October and shows balanced conditions at most price points and locations. Inventory is at a high level for the past year.

Inventory levels have mostly risen over the last several months, and sales volume has continued...

Last update: July 4, 2023

Sales volume and active listings moved higher in June while selling prices in the Peterborough region bounced back after dropping in May.

The increase in active listings wasn’t enough to keep prices from falling, as buyers snapped up inventory at a strong pace.

Take a look at the following chart, which shows detached home prices...

Last update: June 5, 2023

Sales volume continued to climb in May, while selling prices in the Peterborough region fell.

Active listings climbed at a faster pace than sales sales, keeping prices in check, for now.

Take a look at the following chart, which shows detached home prices for the entire Peterborough district:

Since reaching an all-time high last...

Last update: May 3, 2023

Sales volume and sale prices jumped sharply in April and the market showed remarkable growth in April.

The series of interest rate hikes in the last year had a dramatic impact on buyer budgets and home prices. Fixed mortgage rates have dropped heading into the spring market.

Take a look at the following chart, which shows detached...

Last update: April 4, 2023

Activity continued to build in the Peterborough real estate market in March, as a number of indicators show momentum in the region.

The series of interest rate hikes in the last year had a dramatic impact on buyer budgets and home prices. Fixed mortgage rates have started to come down, and are projected to drop further heading...