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DID YOU KNOW?
- The average sale price is DOWN -0.8% from this time last year.
- Inventory levels are in a balanced market, but nearing a buyer’s market with 5.22 months of inventory in the City of Peterborough.
- This means it would take approximately 157 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 End of Peterborough are selling the most with 18 sales in the area in August 2026.
** Important to Note:
- When months of inventory go up, prices come down, and when months of inventory go down, prices go up (the law of supply and demand)
- Seller’s market = 4 months of inventory or less | Balanced market = 4-6 months of inventory | Buyer’s market = 6 months of inventory or more
Take a look at the market snapshot for August 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.
