Average Monthy Home Price In Peterborough Hits A Record $814,495 In January

The average monthly home price in the City of Peterborough surpassed $800,000 in January, for the first time ever.

Stock Photo.

The average price of homes sold in January $814,495 which is up 21.9 per cent from January 2021.

The Peterborough and the Kawarthas Association of Realtors reported that 80 homes were sold in January 2022, down 20 per cent from January 2021.

There were 120 new residential listings in January which is the lowest number of new listings added in the month of January in more than 35 years, the association reported.

The association also reported that the 78 active listings left at the end of the month were down 22.8 per cent from a year ago and the lowest in more than two decades.

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