Facebook
X
Pinterest
Copy Link
The April 2025 housing stats are in, and they tell the story of a balanced but evolving real estate market in the City of Peterborough. While sales activity remained steady compared to the same time last year, other indicators show that buyers are taking more time — and possibly enjoying a bit more choice — than they did a year ago.
Key Stats at a Glance:
| Stat | April 2025 | April 2024 | Year-Over-Year Change |
|---|---|---|---|
| Average Sale Price | $612,761 | $651,251 | -5.9% |
| Number of Sales | 99 | 99 | 0% |
| Active Listings | 239 | 179 | +33.5% |
Price Dip Creates Opportunities
The average sale price in April 2025 was $612,761 — a 5.9% decrease from April 2024. This drop may come as a surprise, especially given the flat number of sales year-over-year, but it reflects broader market adjustments as interest rates, inflation, and affordability continue to shape buyer behaviour. For buyers who were priced out of the market last spring, this could present a renewed opportunity to get into the market at a lower price point.
Inventory is Up — Giving Buyers More Choice
One of the most notable changes is the increase in active listings. With 239 homes on the market in April 2025, inventory is up more than 33% compared to the 179 listings in April 2024. This shift signals a more balanced market, where buyers aren’t feeling the same urgency or competition that defined earlier years.
More inventory generally translates to more negotiation power for buyers and, in many cases, less pressure to make snap decisions. Sellers, on the other hand, may need to ensure their pricing is competitive and that their homes are well-prepared for showings to stand out.
Homes Are Taking Longer to Sell
Homes took an average of 26 days to sell in April 2025 — a sign that the pace of the market has slowed slightly. This gives buyers a little more breathing room when making decisions, but it also underscores the importance of strategic marketing and realistic pricing for sellers.
What Does This Mean for You?
If you’re thinking of buying, now might be the time to explore your options. Prices have softened slightly, and there’s more inventory to choose from than we’ve seen in previous springs.
If you’re considering selling, success is still very possible — but it may require a bit more preparation and guidance. Pricing your home appropriately and working with an experienced real estate professional will help ensure your property attracts serious buyers.
Have questions about the Peterborough market or what these numbers mean for your plans?
We always have an agent on duty to help. Call our office at 705-743-4444 and we will be happy to direct you to a REALTOR® to answer your questions.
*All data from CLAR/TRREB 2025 & InfoSparks®© 2024 MLS® Resale Residential. Information deemed reliable but is not guaranteed.
Highlighted below are some of the major areas we cover with our stats:
