Real Estate Market Analysis for January 2026

The Peterborough real estate market started 2026 with a mix of stability and subtle shifts compared to last year. In January, the city saw an average of 53 home sales, down from 61 sales in January 2025, which represents a 13.1% decrease year over year. While this indicates slightly less activity, it’s important to note that the market remains steady, with transactions continuing at a healthy pace.

In terms of pricing, the average sale price in January 2026 was $568,285, a modest increase from $564,618 last year — a 0.6% rise. This suggests that despite fewer sales, home values in Peterborough have largely held steady, reflecting a market that remains resilient and balanced.

Another notable trend is the increase in active listings, which rose from 153 homes in January 2025 to 190 homes this year. With more properties available, homes are spending an average of 51 days on the market before selling. This gives buyers a little more time to explore options, compare properties, and make informed decisions without feeling rushed.

What this means for sellers:
The slight slowdown in sales activity means sellers may need to be a bit more strategic in today’s market. Pricing your home competitively is more important than ever, and presenting it in top condition can make the difference between a quick sale and a longer listing period. Sellers who invest in staging, professional photos, and minor updates are likely to attract more attention and achieve strong offers. While the market is stable, homes that are overpriced or not well-prepared may take longer to sell.

What this means for buyers:
For buyers, the increase in inventory is a positive development. With more homes to choose from, there’s greater flexibility and opportunity to find the right property. Buyers can take a bit more time to compare options, negotiate effectively, and make decisions with confidence. However, with pricing still holding steady, it’s important to work with a knowledgeable agent who can identify value and help navigate the market efficiently.

Overall, January 2026 paints a picture of a balanced Peterborough market, where pricing is stable, buyers have more options, and sellers who are well-prepared continue to see success. Whether you’re looking to buy or sell, understanding these trends can help you make informed, strategic decisions.

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: