Real Estate Market Analysis for August 2025

The Peterborough real estate market showed some interesting shifts this August compared to the same month last year. While sales activity and prices have cooled slightly, the market continues to offer opportunities for both buyers and sellers.

Key Stats – August 2025 vs. August 2024

Average number of sales: 96 (down 2.0% from 98 in 2024)
Average sale price: $578,748 (down 2.4% from $592,678 in 2024)
Active listings: 329 (up from 270 in 2024)
Average days on market (August 2025): 29

What the Numbers Tell Us

The average sale price dipped by 2.4% year-over-year, landing just under $580,000. This modest decline suggests that buyers are exercising more caution in today’s market, especially with higher borrowing costs continuing to impact affordability.

Sales activity also saw a slight decrease, down 2% compared to last August. While the change is not drastic, it points to a market that’s becoming more balanced—less of the frenzied pace we saw during peak years, and more measured decision-making from buyers.

One of the most notable changes is the increase in active listings. With 329 homes available in August 2025, compared to 270 the previous year, buyers now have more choice. This increase in inventory is contributing to longer days on market, which averaged 29 days this past month. Homes are still selling, but buyers aren’t feeling the same urgency to act immediately.

What This Means for Buyers and Sellers

For buyers: More inventory and slightly lower prices mean increased negotiating power. If you’ve been waiting for the right time to enter the market, conditions are more favourable now than they were a year ago.
For sellers: While homes are taking a little longer to sell, well-priced and well-presented properties are still moving. With more competition, thoughtful pricing and strong marketing are essential to attracting the right buyers.

Final Thoughts

The Peterborough market in August 2025 reflects a shift toward balance. Prices and sales are down slightly, inventory is up, and homes are spending longer on the market. It’s a more measured environment compared to the past few years, creating opportunities for both buyers and sellers to make strategic moves.

If you’re curious about how these trends might impact your plans—whether buying or selling—feel free to reach out. Local knowledge and tailored advice can make all the difference in today’s evolving market. 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: