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Real Estate Market Analysis for September 2025
The Peterborough real estate market is showing some interesting trends as we move into the fall season. Let’s take a closer look at the key statistics for September 2025 and how they compare to last year.
Sales Activity
In September 2025, the average number of homes sold in Peterborough was 91, up from 82 in August 2024. While this represents a modest increase in sales volume month-over-month, when we look at year-over-year trends, we see a slight decline. The year-over-year average number of sales is down 11%, suggesting that while demand remains steady, buyers may be more selective or facing affordability challenges.
Average Sale Price
Home prices in Peterborough continue to climb, reflecting the ongoing appeal of the city’s housing market. The average sale price in September 2025 reached $624,074, compared to $597,294 in August 2024. That’s a year-over-year increase of 4.5%, showing that property values are holding strong despite a slight dip in sales volume.
Inventory and Market Conditions
One key factor influencing the market is inventory. Peterborough had 364 active listings in September 2025, up from 276 in August 2024. This increase in available homes gives buyers more options, which could contribute to a slightly slower sales pace and a more balanced market. Homes are spending an average of 32 days on the market, indicating that while properties are still selling relatively quickly, buyers have a bit more time to make decisions.
What This Means for Buyers and Sellers
For sellers, the market remains favourable. Prices are up year-over-year, and well-priced homes are moving within about a month on average. Preparing your home for sale, highlighting its unique features, and working with an experienced agent can help you capitalize on the market’s momentum.
For buyers, increased inventory is good news. While prices have risen, having more homes to choose from gives you a better chance of finding the right property. Working with a knowledgeable agent to understand market trends, negotiate effectively, and identify the right home is more important than ever.
Looking Ahead
As we head into the final months of 2025, Peterborough’s real estate market is expected to remain active, with steady demand and moderate price growth. Whether you’re buying, selling, or just curious about the market, staying informed about local trends is the key to making smart real estate decisions.
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.
*All data from CLAR/TRREB 2025 & InfoSparks®© 2024 MLS® Resale Residential. Information deemed reliable but is not guaranteed.
Highlighted below are some of the major areas we cover with our stats:
Fall Pest Prevention: Keeping Critters Out as the Weather Cools
As the leaves begin to change and the nights grow cooler, many of us are cozying up indoors, and unfortunately, pests are looking to do the same. Mice, spiders, and insects often seek out the warmth and shelter of our homes during the fall. Taking a few proactive steps now can save you from unwanted guests later.
Why Fall is Prime Pest Season
When temperatures drop, pests start looking for reliable food sources and warm places to nest. Basements, attics, and garages provide the perfect hideouts, while tiny gaps and cracks in walls, windows, or doors make for easy entry points.
Steps to Prevent Fall Pests
1. Seal Entry Points
Inspect your home’s foundation, siding, windows, and doors. Even a crack the size of a dime can let in a mouse. Caulking, weatherstripping, and patching damaged screens can go a long way in keeping pests outdoors.
2. Keep Food Sealed
Store pantry items like cereal, pet food, and snacks in airtight containers. Even small crumbs can attract rodents and insects, so regular cleaning of kitchen counters and floors is key.
3. Tidy Up the Yard
Fallen leaves, stacked firewood, and clutter near the foundation can become pest shelters. Keep firewood off the ground and stored away from your home, and clear leaves and debris regularly.
4. Check Attics and Basements
These quiet, dark areas are prime spots for pests to settle in. Inspect for droppings, chewed materials, or webs, and set traps if needed before pests make themselves at home.
5. Maintain Proper Ventilation
Moisture attracts pests like silverfish and centipedes. Use dehumidifiers in damp basements and ensure your attic is properly ventilated to discourage infestations.
6. Schedule Professional Pest Control if Needed
If you’ve noticed signs of pests in past years, it may be wise to schedule a fall inspection. A professional can identify problem areas and help ensure your home is properly protected.
Stay Ahead of Unwanted Guests
Fall is a season to enjoy cozy evenings, crisp air, and festive traditions, not dealing with pests. A little prevention now will help keep your home comfortable and critter-free all season long.
Why Fall is a Great Time to List Your Home
When it comes to real estate, most people think of spring as the prime selling season. But in Peterborough and the Kawarthas, fall is just as active—sometimes even busier than spring! If you’re considering selling, autumn offers unique advantages that make it an ideal time to list your home.
1. A Busy, Motivated Market
Fall is a peak season for buyers. Many are eager to purchase before the holidays or before the end of the year for work, school, or tax reasons. This means serious, motivated buyers are actively looking for homes right now.
2. Your Home Can Stand Out
While the market is busy, fewer listings typically come on in late fall compared to early fall or spring. This balance gives your home the chance to shine without being lost among a flood of new properties.
3. Homes Look Inviting in Autumn
Fall brings warm lighting, colourful leaves, and a cozy atmosphere. With thoughtful staging and seasonal touches, your home can feel welcoming and easy for buyers to imagine themselves living in.
4. Flexible Timing for Sellers
Selling in the fall gives you a chance to plan your move around the holidays and year-end schedules. For many sellers, this timing provides both convenience and a competitive advantage in the market.
5. Strong Market Dynamics
The combination of motivated buyers and active market conditions often results in smoother, faster negotiations. Buyers are serious, and the overall market momentum works in your favour.
If you’re ready to sell, don’t wait for spring! Fall is a busy, active season in our market, giving you the opportunity to attract motivated buyers and get your home noticed. With the right preparation, selling in autumn can be a smart, strategic move. Don’t have a REALTOR yet? Give us a call at 705-743-4444. We always have an agent on duty to answer your questions!
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
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Average number of sales: 96 (down 2.0% from 98 in 2024)
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Average sale price: $578,748 (down 2.4% from $592,678 in 2024)
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Active listings: 329 (up from 270 in 2024)
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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
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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.
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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.
*All data from CLAR/TRREB 2025 & InfoSparks®© 2024 MLS® Resale Residential. Information deemed reliable but is not guaranteed.
Highlighted below are some of the major areas we cover with our stats:
Tackling Seasonal Clutter: Transitioning from Summer to Fall
As the carefree days of summer wind down and crisp fall air rolls in, many of us notice a shift not only in the weather but also in the rhythm of our homes. Summer tends to leave behind a trail of seasonal clutter—beach towels, pool toys, gardening tools, and sports gear—that can make the transition into autumn feel chaotic. By taking a little time to declutter and reset, you can create a fresh, cozy space to fully enjoy the new season.
Step 1: Sort and Store Summer Gear
Gather up all of your summer-specific items—outdoor toys, picnic supplies, patio décor, and sports equipment—and decide what stays, what goes, and what can be tucked away.
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Keep & Store: Wash and neatly pack away reusable items like swimsuits, beach towels, and camping gear. Use labelled bins or storage totes to make next year’s unpacking effortless.
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Donate or Discard: If something didn’t get used this summer or is broken beyond repair, it’s time to let it go.
Step 2: Swap Out Wardrobes
Seasonal clothing is one of the biggest contributors to clutter. Make space in your closets and drawers by putting away shorts, tank tops, and sandals. Store them in breathable bags or bins, and bring forward cozy sweaters, scarves, and boots. While you’re at it, donate pieces you didn’t wear this season.
Step 3: Refresh Entryways
Fall often brings more jackets, shoes, and backpacks piling up at the door. Create a welcoming but functional entryway:
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Add hooks for coats and hats.
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Use baskets or trays for shoes.
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Keep a designated spot for umbrellas and school bags.
A little organization at the front door keeps the mess from spreading through the house.
Step 4: Reset Outdoor Spaces
Patio furniture, gardening tools, and summer décor can quickly feel out of place once the cooler weather sets in. Clean and store these items properly to extend their life. As you pack things away, consider bringing in fall touches like pumpkins, lanterns, or cozy blankets for outdoor seating areas.
Step 5: Create Cozy, Functional Spaces
With more time spent indoors during fall, make sure your spaces are comfortable and clutter-free. Clear off surfaces like coffee tables and counters, replace light summer textiles with warm throws and cushions, and stock up on cold-weather essentials like firewood, candles, and hot beverage supplies.
A Fresh Start for a New Season
Transitioning your home from summer to fall doesn’t have to feel overwhelming. By tackling seasonal clutter in manageable steps, you’ll create an organized and welcoming space to enjoy everything autumn has to offer—whether that’s curling up with a good book, hosting friends for Thanksgiving, or simply enjoying a peaceful, clutter-free home.
How to Protect Your Home from Summer Pests
Summer in Ontario means long sunny days, warm evenings, and plenty of time outdoors, but it also means that pests are more active. From ants marching into the kitchen to mosquitoes buzzing around your backyard, summer pests can be more than just an annoyance. They can damage your home, spread germs, and even ruin your enjoyment of the season. Luckily, with a little preparation and consistent maintenance, you can keep them at bay.
Common Summer Pests in Ontario
Before you can protect your home, it helps to know what you’re up against. Some of the most common summer pests in Peterborough and the Kawarthas include:
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Ants – Often invade kitchens in search of food.
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Wasps and Hornets – Build nests under decks, in trees, or along rooflines.
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Mosquitoes – Breed in standing water and make evenings outdoors uncomfortable.
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Spiders – Seek shelter inside cool basements or damp areas.
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Mice – Though more common in colder months, some may sneak inside during summer for food and shelter.
Tips to Protect Your Home
1. Seal Entry Points
Pests don’t need much space to get inside. Inspect doors, windows, foundation cracks, and gaps around vents or pipes. Use caulking, weather stripping, or mesh screens to seal potential entryways.
2. Keep Things Clean
Food and water sources attract pests. Keep counters wiped, store food in sealed containers, and take out the garbage regularly. Don’t forget pet food dishes; they can be just as appealing to ants and rodents.
3. Manage Moisture
Many pests are drawn to damp environments. Fix leaky faucets, ensure your basement is well-ventilated, and clean out gutters so water drains away from your home.
4. Tidy Up Outdoors
Trim back shrubs, mow your lawn regularly, and avoid letting woodpiles or yard debris sit near your home’s foundation. These areas provide shelter for rodents, ants, and insects.
5. Eliminate Standing Water
Mosquitoes can breed in even the smallest amount of stagnant water. Empty birdbaths, buckets, and kiddie pools regularly, and make sure eavestroughs are draining properly.
6. Use Natural Deterrents
Herbs like mint, basil, and lavender can deter insects when planted around your yard or kept in pots near doorways. Essential oils such as citronella and peppermint are also popular natural repellents.
7. Know When to Call the Pros
If you’re dealing with a persistent infestation, like carpenter ants or wasps nesting near entryways, it may be time to contact a professional pest control service. They can identify the issue and safely treat it.
Enjoy a Pest-Free Summer
With some preventative steps, you can enjoy everything summer has to offer without uninvited guests invading your home. A little effort now saves frustration later and helps protect your property, your health, and your peace of mind.
Real Estate Market Analysis for July 2025
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
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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.
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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.
*All data from CLAR/TRREB 2025 & InfoSparks®© 2024 MLS® Resale Residential. Information deemed reliable but is not guaranteed.
Highlighted below are some of the major areas we cover with our stats:
Peterborough, Ontario Summer Bucket List: 15 Must-Do Activities
Looking for the ultimate way to spend your summer in Peterborough and the Kawarthas? Whether you’re a local or visiting for the first time, this list is your go-to guide for making the most of sunny days, warm nights, and everything in between. From scenic hikes to free concerts, there’s something here for everyone.
Here are 15 must-do activities to add to your summer bucket list in Peterborough, Ontario:
1. Cruise the Peterborough Lift Lock
Take a boat tour or paddle your way through the Peterborough Lift Lock, one of the highest hydraulic boat lifts in the world. It’s part of the Trent–Severn Waterway and offers a unique experience—watch the water rise beneath you as you’re gently lifted 65 feet into the air! It’s a relaxing and educational way to explore Peterborough’s rich canal history.
2. Visit the Canadian Canoe Museum
This world-class museum recently reopened at a new waterfront location and tells the story of Canada’s canoeing heritage. Featuring over 600 watercraft and engaging exhibits, the Canadian Canoe Museum is a must-see for history buffs, families, and anyone who enjoys time on the water.
3. Hike the Warsaw Caves
Located about 30 minutes from the city, Warsaw Caves Conservation Area is an outdoor lover’s paradise. Wander through scenic trails, explore limestone caves, and paddle along the Indian River. Pack a picnic, wear sturdy shoes, and bring a flashlight—it’s a day of adventure that feels like a true escape.
4. Spend a Day at Riverview Park & Zoo
Peterborough’s free zoo is a favourite for families, featuring animals from around the world, a fun mini-train ride, splash pad, and beautiful parkland. It’s a relaxed place to spend a summer day with kids—or to just enjoy a peaceful walk.
5. Discover Petroglyphs Provincial Park
A sacred Indigenous site, Petroglyphs Provincial Park is home to the largest known concentration of ancient rock carvings in Canada. It’s also a great spot for hiking and learning about Indigenous culture and spirituality. The quiet forest setting adds to the sense of reverence and wonder.
6. Paddle from Beavermead Park
Beavermead Park offers easy access to Little Lake, making it a perfect launching spot for kayaks, canoes, or paddleboards. Rentals are available on-site in summer months, often through the Canadian Canoe Museum or other local operators. Don’t forget your swimsuit—the beach is ideal for a cool dip afterward!
7. Attend Peterborough Musicfest
This beloved summer tradition runs twice weekly through July and August, offering free outdoor concerts at Del Crary Park on Little Lake. Past performers have included Serena Ryder, Sam Roberts Band, and Tegan and Sara. Bring a lawn chair or blanket and enjoy the sunset with great music.
8. Explore Downtown Markets and Festivals
Peterborough’s downtown comes alive in the summer with farmers’ markets, food festivals, and artisan pop-ups. The Peterborough Regional Farmers’ Market (Wednesdays and Saturdays) is perfect for fresh produce, flowers, baked goods, and local crafts. Don’t miss Taste of Downtown or Ribfest for foodie fun.
9. Visit Local Museums and Galleries
Get your culture fix with a visit to the Peterborough Museum & Archives, Hutchison House Museum, or the Art Gallery of Peterborough. Whether you’re interested in local history, Scottish tea services, or contemporary Canadian art, these spaces offer cool air and rich stories on a hot summer day.
10. Hike or Bike the Rotary Greenway Trail
This multi-use trail follows the Otonabee River and connects downtown Peterborough to Trent University and beyond. It’s ideal for walking, running, or cycling with river views and shaded paths. Pack a lunch and stop at one of the many scenic picnic spots along the way.
11. Spend the Afternoon at Beavermead Park
In addition to being a paddling hub, Beavermead is a go-to destination for a classic summer day: swimming, sunbathing, playing volleyball, letting kids loose on the playground, or enjoying an ice cream under the shade trees. There’s even a disc golf course nearby for a little friendly competition.
12. Take a Day Trip to Lang Pioneer Village or Canada’s Dinosaur Park
Looking for a fun day trip? Lang Pioneer Village Museum offers a glimpse into 19th-century life with costumed interpreters, heritage buildings, and hands-on activities. For families, Dinosaur Park just north of the city is full of life-size dinosaurs, splash zones, and dino-themed fun for little ones.
13. Catch Outdoor Arts & Festivals
From movie nights in Quaker Square to the Peterborough Folk Festival, there’s always something happening outdoors in the summer. Watch live theatre, join a drum circle, or enjoy impromptu art installations. Check local listings for weekend events—you’ll often find hidden gems!
14. Grab a Local Ice Cream or Treat
Cool down with a cone from Kawartha Dairy, a Peterborough staple with dozens of classic and creative flavours. Or sit down for a treat at Silver Bean Café, perched right on the waterfront and perfect for people-watching and enjoying a latte by the lake.
15. Stargaze or Chill by the Fire
End your perfect summer day with stargazing or a lakeside bonfire. Bring a telescope or just your eyes—Peterborough has great visibility for meteor showers like the Perseids in August. Or, head to a nearby cottage or campsite and make some memories around the campfire (don’t forget the s’mores!).
Your Peterborough Summer Starts Now 🌞
From outdoor adventures to cultural experiences, Peterborough is full of summer magic waiting to be discovered. Whether you’re planning your weekends or entertaining guests from out of town, this bucket list will help you make the most of every sunny moment.
Making the Most of Summer with Kids (Without Burning Out)
Summer with kids can be magical — the sun, the splash pads, the spontaneous ice cream runs — but let’s be honest: it can also be exhausting. With routines out the window, endless snacks, and the pressure to “make memories,” it’s easy for parents to feel overwhelmed. But summer doesn’t have to be all or nothing. With a little planning (and a lot of grace), you can soak up the season and preserve your sanity.
Here are some simple ways to make the most of summer with your kids — without burning out.
1. Lower the Bar (Seriously)
Not every day needs to be a Pinterest-perfect adventure. Kids will remember the feel of the grass under their feet, late bedtimes, and popsicles on the porch just as fondly as a pricey trip to the zoo. Give yourself permission to not be the cruise director 24/7.
2. Build a Flexible Routine
You don’t need a strict schedule, but a general rhythm can help keep everyone grounded. Try something like:
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Morning: Screen-free play, park, or a craft
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Afternoon: Quiet time (yes, even older kids can benefit!)
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Evening: Family walk, backyard play, or a movie
Knowing what to expect helps kids feel secure—and gives you mental breathing room.
3. Plan a Few “Big” Days
Pick 3–4 outings over the whole summer and put them on the calendar. Think beach day, amusement park, or a visit to Grandma’s. Spread them out and let the anticipation build. This makes summer feel full without filling every single day.
4. Create an “I’m Bored” Basket
Fill a basket with simple activities: bubbles, chalk, scavenger hunt cards, sticker books, activity sheets, or building challenges. When the “I’m bored!” chorus starts up, send them to the basket. Bonus: it reduces your mental load.
5. Say Yes to Help
Camp, a morning with grandparents, or a babysitting trade with a friend can go a long way. You don’t have to do it all yourself. Even one solo coffee run a week can be a game-changer.
6. Find Your Moments, Too
Don’t forget about your summer. Whether it’s reading a book in the backyard, having a glass of wine on the deck, or waking up early for a quiet walk — make space for joy that’s just for you. Happy parents = happier kids.
7. Let Go of Guilt
Some days will be perfect. Some days will be chaos. You might cry in the bathroom. You might yell. It’s okay. You’re doing your best, and your kids don’t need perfect — they just need you, present and human.
Final Thoughts
Summer with kids doesn’t need to be high-effort to be high-impact. Focus on connection, keep things simple, and build in time for yourself. Your kids will remember how it felt — not how many places you went or how often the craft supplies came out.
So take a breath, embrace the chaos, and enjoy the sweet, sticky, sun-soaked moments. You’ve got this.
Why July Is the Perfect Time to Buy a House in Peterborough
If you’re thinking about buying a home in Peterborough, July might just be the sweet spot you’ve been waiting for. With warmer weather, a healthy inventory of listings, and motivated sellers, summer offers an ideal mix of market conditions and lifestyle benefits for homebuyers. Whether you’re a first-time buyer or looking to make a move within the region, July presents unique advantages that are hard to match at other times of the year.
Here’s why July stands out as the perfect time to buy a house in Peterborough:
1. More Homes on the Market Means More Choice
During the summer months, the number of listings typically peaks. In Peterborough, many homeowners aim to sell before the school year starts or while the weather is good for moving. This increase in inventory gives buyers more options to choose from—whether you’re looking for a downtown character home, a newer build in the west end, or a property on the outskirts with a bit of land.
More listings also reduce the sense of urgency and pressure. Unlike the spring market, which often sees bidding wars and fast sales, July can offer a bit more breathing room to explore different properties, compare features, and find the home that best suits your needs.
2. Greater Negotiating Power
While spring is often a seller’s market, July can be a turning point. As homes sit on the market longer than anticipated, sellers may become more willing to negotiate. That means you may have a better chance at getting a price reduction, negotiating for repairs, or even having appliances or other extras included in the sale.
Buyers in July can use this to their advantage, especially if the property has been on the market for a few weeks or more. With fewer competitive offers flying in, your chances of striking a great deal improve significantly.
3. Motivated Sellers
Some sellers have been on the market since spring and are keen to close before the fall. Others may be relocating for work or facing time-sensitive life changes like a growing family or retirement. These sellers are often more flexible with terms, making July a strategic time for buyers to negotiate not just on price, but also on closing timelines and conditions.
If you’re looking for a quick possession or want to include certain contingencies, a motivated seller is more likely to accommodate your needs in the summer than during the frenzy of the spring market.
4. Ideal Conditions for Home Inspections and Viewings
One of the best things about buying in July is the weather. Warm, dry conditions make it easy to schedule home viewings and inspections. You can assess things like the condition of the roof, the grading of the yard, and the state of exterior features like decks and patios—all things that are harder to evaluate during the winter or early spring.
Plus, with longer daylight hours, there’s more flexibility in scheduling showings after work or in the evenings, making the process less stressful and more efficient.
5. Less Competition Mid-Summer
While early summer can be busy, mid-to-late July often sees a slight dip in buyer activity. Many families go on vacation or pause their search to enjoy summer holidays, which can work in your favour. Less competition means fewer bidding wars and more time to make thoughtful decisions.
If you’re prepared and pre-approved, you may find yourself in a strong position to make an offer that stands out without going over asking price.
6. Steady Interest Rates
Interest rates have levelled out in 2025 after some fluctuations in recent years. While no one can predict the future of mortgage rates with certainty, locking in a rate during a stable period can provide peace of mind and help you stick to your budget. Working with a mortgage broker can help you find the best available rate and prepare your finances for a successful purchase.
7. Buy Before Prices Rise Again
Historically, Peterborough’s real estate market tends to pick up again in late summer and fall. Buying in July allows you to get ahead of that uptick, locking in a home at today’s price before demand potentially rises again. With ongoing growth in the region and steady interest in Peterborough as a more affordable alternative to the GTA, prices are likely to trend upward over time.
Buying now means you’re investing in a growing market while enjoying the benefits of a summer purchase.
✔️ July Buyer Tips for Success
To make the most of the summer market, keep these tips in mind:
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Get Pre-Approved: This will strengthen your offer and help you move quickly when the right home comes along.
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Work With a Local Agent: A Peterborough-based agent will understand seasonal market trends and can alert you to new listings that meet your criteria.
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Do a Thorough Inspection: Take advantage of good weather to look closely at the home’s exterior and systems.
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Be Ready to Act: While the market may be calmer, well-priced homes in desirable areas still sell fast. Be prepared to make an offer when you find the right fit.
With a solid mix of market opportunity and lifestyle convenience, July is an excellent time to make your move in Peterborough. More listings, flexible sellers, and favourable conditions make it easier to find and secure the home you’ve been dreaming of. Whether you’re upsizing, downsizing, or buying your first home, this mid-summer moment offers the right balance of options and opportunity.
Thinking about making a move this July?
Let our experienced local agents help you navigate the market. Reach out today—we’d love to show you what’s possible. Call us at 705-743-4444, we always have an agent on duty!
