Peterborough Real Estate Statistics

Peterborough real estate average sold price in the last 30 days (October 26 - November 24) was $588,187, which is $8,898 (1.5%) higher than the average price of $579,289 in the previous 30 day period (September 26 - October 25), and $11,064 (1.9%) down from the same period 1 year ago ($599,251). Peterborough real estate prices over the last 30 days are also $11,666 (2.0%) lower than the average selling price of $599,853 over the past year.

Peterborough average sold price for homes was $597,382 in the last 30 days (October 26 - November 24), which is $1,121 (0.2%) down from the average home price of $598,503 in the previous 30 day period (September 26 - October 25), and $3,574 (0.6%) higher than the same period 1 year ago ($593,808). In the last 30 days Peterborough the average home price was $16,501 (2.8%) lower than the average selling price of $613,883 over the last 12 months.

Average Peterborough condo sold price over the last 30 days (October 26 - November 24) was $402,906. During this period it was $11,456 (2.8%) down from the average price of condo of $414,362 during the previous 30 days (September 26 - October 25), and $73,344 (18.2%) lower compared to the same period 1 year ago ($476,250). In the last 30 days Peterborough the average condo price was $73,451 (18.2%) lower than the average selling price of $476,357 over the last year.

Average sold price of Peterborough townhouse was $607,500 in the last 30 days (October 26 - November 24), up $71,612 (11.8%) from the average townhome price of $535,888 over the previous 30 days (September 26 - October 25), and $86,933 (14.3%) lower than during to the same period 1 year ago ($694,433). Over the last 30 days the average townhouse price in Peterborough was $2,572 (0.4%) lower compared to the average selling price of $610,072 over the last 12 months.

Average selling price for Peterborough real estate was $588,187 in the last 30 days (October 26 - November 24), which is collectively $13,871 (2.3%) lower than the average asking price of $605,101. This represents an increase of $343 (2.4%) compared to $14,214 (2.2%) Sold-Under-Asking price from the previous 30 day period (September 26 - October 25).

The maximum Sold Over/Under Asking ratio in Peterborough during the last 12 months was recorded in March, 2024 with an average of $5,027 under the asking price, while the minimum occurring in December, 2023 with $22,686 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Peterborough was 58.2% with 78 properties sold and 169 new properties listed in the past 30 days (October 26 - November 24). This represents a decrease from 62.7% recorded during the previous 30 day period (September 26 - October 25), and a decrease from 66.7% compared to the same period one year ago.

Over the the last year the highest SNLR in Peterborough was 150.0% recorded in December and the lowest was in May at 47.7%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 78 properties that were successfully sold in Peterborough in the last 30 days (October 26 - November 24) was 35 days, which is 5 days less than 40 days average in the previous 30 day period (September 26 - October 25) and 2 days longer than during the same period a year ago (33 days).

There were 109 delisted properties in Peterborough, those that got either Expired, Suspended or Terminated over the last 30 days (October 26 - November 24) with an average of 62 days on the market. This is 2 days shorter than the average of 64 days during the previous 30 day period (September 26 - October 25) and 3 days more compared to the same period last year average of 59 days on the market.

109 Peterborough properties that didn't sell stayed on the market 77.1% longer than 78 that sucessfully sold over the last 30 days - 35 days when sold vs 62 days when delisted respectively.

Average Days on the Market in Peterborough over the past 12 months for properties that have sold was 31.4 days, with 61.2 days for those properties that did not sell.

134 new properties were listed on the market in Peterborough in the last 30 days (October 26 - November 24). During the same time 78 properties were sold and 109 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 53 properties (or 39.6%).

During the previous 30 day period (September 26 - October 25) there were 169 new properties listed, 106 sold and 112 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 241 new properties listed, the slowest - December with 42 new listings and a yearly average of 150 new listings per month.

There were a total of 108 homes listed during the last 30 days (October 26 - November 24), which is 80.6% of all properties listed in Peterborough. This is a 25.5% decline compared with a previous 30 day period (September 26 - October 25) and 9.1% up from the same period a year ago. Over the past year an average of 127 homes are were listed per month.

11 condo units were listed in the last 30 days (October 26 - November 24) in Peterborough, which represents 8.2% of all new listings. This is up 120.0% from the prior 30 day period (September 26 - October 25) and 10.0% more compared to the same period last year. There were 10 condos listed per month on average during the last 12 months.

15 townhomes were listed over the last 30 days (October 26 - November 24) in Peterborough, which is 11.2% of all new real estate inventory. This is a 21.1% less than during the previous 30 day period (September 26 - October 25) and 36.4% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 13 a month.

There were a total of 68 homes sold during the last 30 days (October 26 - November 24), which is 87.2% of all properties sold in Peterborough. This is a 23.6% decline compared with a previous 30 day period (September 26 - October 25) and 1.5% up from the same period a year ago. Over the past year an average of 86 homes are were sold per month.

4 condo units were sold in the last 30 days (October 26 - November 24) in Peterborough, which represents 5.1% of all sold properties. This is down 50.0% from the prior 30 day period (September 26 - October 25) and 0.0% less compared to the same period last year. There were 13 condos sold per month on average during the last 12 months.

6 townhomes were sold over the last 30 days (October 26 - November 24) in Peterborough, which is 7.7% of all sold real estate. This is a 33.3% less than during the previous 30 day period (September 26 - October 25) and 33.3% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 11 a month.