The 3rd quarter of 2009 came to an end on September 30th. Looking at the City of Peterborough, sub-districts 1-5, single family, all types, we are clearly still in a buyers market with only 3.0 months of inventory. The last quarter had an average number of sales of 119. Currently there are 274 listings.
Also as a note, you will see that the higher the price range the longer the listing will be on the market. When you look at the inventory level at the end of September 2008, there was 418 units compared to 274 this year. Again no surprise as we have spoken about this during our sales meetings.
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