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DID YOU KNOW?
- The average sale price is DOWN 2.7% from this time last year
- Inventory levels are in a seller’s market, but nearing a balanced market – with 3.32 months of inventory in the City of Peterborough (that means it would take approximately 99.5 days to completely sell the homes that are currently listed for sale in the city, based on the the current rate of sales activity)
- Properties in the North and West ends of Peterborough are selling the most – with 27 sales in each area in July 2026.
** 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 2026, and reach out if you have any questions. Whether you’re buying, selling, investing, or simply keeping an eye on the market, our goal is to help you feel empowered, informed, and supported every step of the way.
