Real Estate Market Analysis for November 2025

The Peterborough real estate market showed steady activity this November, with important shifts in both buyer behaviour and available inventory. Whether you’re thinking about buying, selling, or investing, understanding these trends can help you make confident decisions as we head into 2026. Here’s what the latest numbers tell us.

Sales Activity Continues to Rise

November 2025 recorded 82 home sales, up from 72 in November 2024 — a 13.9% increase year over year.
This uptick suggests that buyers remain active despite broader economic uncertainty and interest rate fluctuations throughout 2025.

More sales can indicate increased confidence among buyers who may have been waiting for better market conditions earlier in the year. It also reflects a more balanced environment where buyers feel they have options, but still need to act decisively on well-priced homes.

Average Sale Price Dips Slightly

The average sale price in November 2025 was $566,054, compared to $581,964 in November 2024, marking a 2.7% decrease year over year.

A modest shift like this doesn’t suggest a major price correction, but rather a stabilizing market. Several factors could be contributing to this small decline:

Higher inventory levels giving buyers more negotiating power.
Lingering affordability pressures, prompting buyers to focus on more modestly priced properties.
Seasonal trends, as late fall typically brings quieter activity.

For sellers, this means pricing strategically is more important than ever. Well-presented homes that are priced correctly for their neighbourhood and condition continue to attract strong interest.

Inventory on the Rise

Active listings jumped from 225 in November 2024 to 296 in November 2025 — an increase of over 30%.

This rise in inventory provides welcome breathing room for buyers who were dealing with competitive spring and summer conditions earlier this year. More choice also naturally leads to longer decision-making processes, reflected in November’s average 41 days on market.

However, even with the additional supply, the market remains balanced rather than buyer-dominated. Well-maintained homes in desirable neighbourhoods are still moving quickly.

What Does This Mean for Buyers?

More listings = more choice. Buyers are less pressured to rush, but should still be ready to act when the right home appears.
Slightly lower prices may offer opportunities, especially for first-time buyers.
41 days on market suggests sellers are open to negotiations but not desperate. Thoughtful, data-backed offers are key.

What Does This Mean for Sellers?

Homes are still selling, and sales volume has grown year over year.
A rising inventory means competition is higher, so presentation, pricing, and marketing matter more than ever.
Working with a REALTOR® who understands the Peterborough market ensures your home stands out.

Overall, the November 2025 numbers paint a picture of a balanced, healthy market in Peterborough. Sales are up, inventory is improving, and prices are adjusting gently, all signs of a market finding equilibrium as we move toward a new year.

If you’re considering buying or selling in 2026, now is the perfect time to start planning. Our team is here to help you understand your options and navigate the market with confidence. 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: