Real Estate Market Analysis for October 2025

Peterborough’s real estate market showed signs of balance this October, with a modest increase in sales activity, lower average prices, and a higher number of homes available for buyers to choose from. While the pace of the market has slowed slightly compared to the pandemic boom years, these shifts suggest a more sustainable and stable market environment heading into the end of 2025.

Market Snapshot

Average number of sales: 98 (up 3.2% from 95 in October 2024)
Average sale price: $548,856 (down 6% from $584,101 in October 2024)
Active listings: 348 (up from 258 last year)
Average days on market: 35

What the Numbers Tell Us

The slight increase in sales year over year shows that demand remains steady in Peterborough, even as borrowing costs and affordability challenges continue to shape buying decisions. Buyers are still active, but they’re moving more cautiously, taking time to compare properties, negotiate, and ensure they’re making smart long-term choices.

The average sale price dropping by about 6% compared to last year reflects this more thoughtful, balanced approach. It doesn’t necessarily indicate a weakening market; rather, it suggests that price growth has levelled off after several years of rapid appreciation. Homes that are priced strategically and show well are still selling, while those that are overvalued may sit on the market longer.

Inventory on the Rise

One of the most notable changes this October is the increase in active listings. With 348 homes on the market, compared to 258 last year, buyers now have significantly more options. This growth in inventory is helping shift Peterborough further away from the tight seller’s market conditions that dominated in past years.

More listings mean less competition among buyers and more room for negotiation. For sellers, this means it’s more important than ever to price competitively and make sure your property stands out—whether that’s through professional staging, high-quality photos, or small updates that boost curb appeal.

Time on Market

Homes in Peterborough took an average of 35 days to sell in October 2025, which is typical for a balanced market. This longer timeframe gives buyers time to make informed decisions, but also requires sellers to be patient and realistic. Quick, above-asking sales are less common right now, but well-priced homes are still moving at a healthy pace.

What This Means Moving Forward

Overall, Peterborough’s housing market continues to stabilize. The combination of steady sales, more listings, and moderating prices points to a market that’s adjusting to new realities, where buyers and sellers each have opportunities, but success depends on strategy and timing.

For buyers, this fall presents a chance to explore the market with less pressure and more negotiating power. For sellers, working with an experienced real estate professional who understands current trends is key to pricing and marketing your home effectively.

As 2025 winds down, Peterborough remains a desirable and affordable alternative to larger city markets. Its mix of urban amenities, small-town charm, and access to nature continues to draw both local and out-of-town buyers—and that steady demand is a positive sign for the year ahead.

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.

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