It's that time again! Are you curious to know how things have changed in the Peterborough and surrounding area's real estate market since last month this time.
Please click on the link below to review the updated real estate statistics for the month of December 2009 in the Peterborough and Kawarthas Association of REALTORS® Board (PKAR).
To highlight a few points...
We still have very little inventory available in Peterborough and the surrounding areas in terms of resale homes.
-This time last year (Jan., 2009) we had a total of 1,850 active listings on the sytem in the month of January. This year (January., 2010) we currently have 1414 active listings - a decrease of 31%
Our average days on the market currently sits at 73 days versus the 81 days of average market time last year (Jan., 2009) this time - not as much competition for sellers
On a positive note, the number of sales on the year (from January 1, 2010 to January 31, 2010) was UP with a total of 127 sales this year versus 90 sales for the month of January in 2009; a total increase in sales of 41% - WOW!
The average sale price has also increased from $198,372 last year (January 2009) to $210,649 this year (2010).
For more detailed information, please click HERE
No Question Is Wrong, What Matters Is You Get The Right Answer!
Century 21 United Realty Inc. Brokerage
Independently Owned and Operated