Market Stats 7 July 2025

Real Estate Market Analysis for June 2025

The June 2025 numbers are in, and they paint an interesting picture of a shifting market in Peterborough. While prices have dipped slightly year-over-year, buyer activity is on the rise, and that could mean new opportunities for both buyers and sellers.

More Sales, More Listings—But Slightly Lower Prices

One of the biggest takeaways this month is the increase in market activity. There were 108 residential sales in June 2025, up from 86 in June 2024—a jump of 25.6%. That’s a clear sign that buyers are feeling more confident and are ready to make moves.

At the same time, inventory has grown. There were 345 active listings this June, compared to just 258 at the same time last year—a 33.7% increase. This surge in available homes is likely giving buyers more options and contributing to more balanced market conditions.

Despite the increase in activity, average prices have dipped slightly, down 3.0% year-over-year. The average sale price in June 2025 was $632,169, compared to $642,317 in June 2024. This softening could be attributed to the higher supply or more entry-level properties selling. Either way, it may present a window of opportunity for buyers.

Homes are also continuing to move relatively quickly, with the average number of days on market sitting at 20.

What This Means for Buyers

If you’ve been waiting for the right time to buy, this could be it. With more inventory on the market and prices slightly lower than last year, there’s a bit more breathing room than we’ve seen in previous months. That said, homes are still selling fast, so having your financing in place and being ready to act quickly is key.

What This Means for Sellers

While prices have softened slightly, the increased number of sales and low days on market show that there’s still strong demand, especially for homes that are priced well and marketed properly. With more competition on the market, working with an experienced agent to make your home stand out is more important than ever.

Final Thoughts

The Peterborough real estate market is active and evolving. With more homes available and more buyers making moves, the summer season is heating up. Whether you’re thinking about buying, selling, or just watching the market, it’s a great time to reach out and talk about your next steps.

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.

 

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