September Market Update City of Peterborough

 City of Peterborough, Sub District 1-5 Single Family Homes

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MONTHLY SALE/LIST REPORT
( Results for this 9 month period have been rounded to the nearest dollar and percentage )

Month

Average List Price

Average Sale Price

Sale to List Price

Average List Duration

Number Of Sales

SEP-2007

218114

211807

97%

44 days

84

AUG-2007

221652

215563

97%

46 days

119

JUL-2007

216781

209775

97%

43 days

119

JUN-2007

227657

222756

98%

40 days

128

MAY-2007

232231

226920

98%

52 days

147

APR-2007

215180

210288

98%

38 days

142

MAR-2007

219046

213070

97%

38 days

93

FEB-2007

203754

198436

97%

36 days

95

JAN-2007

211181

205149

97%

52 days

80

Averages:

219415

213721

97 %

43 days

          

           1007

 

 

MONTHLY SALE/LIST REPORT
( Results for this 9 month period have been rounded to the nearest dollar and percentage )

Month

Average List Price

Average Sale Price

Sale to List Price

Average List Duration

Number Of Sales

SEP-2008

236734

229555

97%

59 days

96

AUG-2008

230898

222946

97%

46 days

103

JUL-2008

231605

223548

97%

48 days

118

JUN-2008

235448

229070

97%

43 days

121

MAY-2008

231634

226438

98%

46 days

138

APR-2008

220156

214308

97%

46 days

123

MAR-2008

225757

220308

98%

54 days

99

FEB-2008

227387

221994

98%

50 days

95

JAN-2008

226033

219613

97%

47 days

66

Averages:

229658

223253

97 %

49 days

  

             959

 

 

I mentioned earlier this month that in September of 2004 following the Summer Olympics, we saw an increase of 18.7%.  Considering all the negitive press, I would say that September was a good month for the Peterborough market.  We had an increase of 14.3% in sales compared to the same time last year, and with last year being a record year for sales, we should hold our head high.

  • Average list price this year is $229,658 up 4.7% over last year
  • Average sale price this year is $223,253 up 4.5% over last year
  • Sale to List Price remain even at 97%
  • This year it is taking on average 49 days to sell and home in Peterborough, vs 43 days last year
  • Total sales on the year is down 48 units or 4.8%

I will review our inventory levels and rural properties on a separate blog.

Thanks for stoping by to read my blog.  I hope you find this information useful.

Constantine Isslamow

Broker/Manager

 

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Constantine Isslamow

Constantine Isslamow

Broker of Record
CENTURY 21 United Realty Inc., Brokerage*
Contact Me

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