Real Estate Market Analysis for July 2025

by CENTURY 21 United Realty Inc. Brokerage

The Peterborough real estate market in July 2025 told an interesting story — one of growing buyer activity, more homes on the market, and a continuing adjustment in prices. These trends are creating a more balanced, less frantic environment than we saw during the market peaks of recent years.

Sales Activity is Picking Up

Home sales in Peterborough reached 102 in July 2025, up 6.3% from the 96 sales recorded in July 2024. This increase in sales volume shows that buyers are still motivated and willing to make a move, even with higher interest rates and economic uncertainty in the background.

The boost in sales could also be linked to the larger selection of homes available, giving buyers the confidence to enter the market knowing they have more options to choose from.

Prices Continue to Adjust

The average selling price in July 2025 was $621,768, down 6.1% compared to the July 2024 average of $662,083.
While this drop may seem concerning for sellers, it’s important to remember that prices remain well above pre-pandemic levels. This softening is part of a broader trend across Ontario, where increased inventory and affordability challenges are creating downward pressure on prices. For buyers, this represents an opportunity to enter the market at a more attainable price point.

Inventory Growth Creates More Choice

There were 360 active listings in Peterborough in July 2025, a sharp increase from 279 active listings in July 2024. This 29% jump in available homes has shifted the market dynamic, making it less competitive than the bidding-war-heavy years we’ve seen recently.

For sellers, this means more competition — making pricing strategy, marketing, and staging more important than ever. For buyers, it means more breathing room to compare options and negotiate.

Pace of the Market

The average home spent 28 days on the market in July 2025. This is a reasonable selling timeframe that reflects a more balanced pace — homes are still moving, but buyers have enough time to conduct inspections, arrange financing, and make thoughtful decisions.

Local Insights: Peterborough’s Real Estate Landscape

Peterborough continues to benefit from its appeal as a smaller city with a strong quality of life, drawing buyers from both within the region and from the GTA. The city’s location, just over an hour from Toronto, makes it an attractive choice for commuters who want more space and a lower cost of living.
Neighbourhoods like The Avenues and East City remain sought-after for their charm and walkability, while newer developments on the city’s outskirts attract families looking for modern homes and larger lots.

At the same time, the Kawartha cottage market influences the local real estate scene, as buyers look for year-round homes that offer access to lakes and outdoor recreation. This blend of urban convenience and natural beauty continues to be one of Peterborough’s biggest selling points.

What This Means for You

For Buyers: The combination of more inventory, less pressure, and slightly lower prices creates a window of opportunity to find the right home without rushing.
For Sellers: Buyers are active and homes are selling, but presentation and realistic pricing are crucial to standing out in a competitive market. Working with an experienced REALTOR® can make the difference in attracting serious buyers and achieving the best result.

Looking Ahead

As we head into the late summer and early fall, the Peterborough real estate market will likely continue to see steady activity with moderate price adjustments. Interest rates, consumer confidence, and inventory levels will be the key factors to watch in the coming months.

Whether you’re buying, selling, or just curious about what your home might be worth in today’s market, staying informed is the first step in making smart real estate decisions.

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.

Highlighted below are some of the major areas we cover with our stats: