The average residential sale price in the Peterborough & The Kawarthas housing market has increased by 2.3 per cent year-over-year across all property types between January 1 to and July 31 2025 from $694,000 to $710,000. The number of sales decreased by four per cent for the same time period from 1,334 to 1,281. The number of listings increased by 7.5 per cent (from 3,100 in 2024 to 3,331 in 2025).
Trends in the Peterborough Housing Market
Average sale prices in the Peterborough & The Kawarthas housing market are projected to rise by about two per cent through the end of 2025, while the number of sales is expected to rise similarly. In Q4 2024, Peterborough and the Kawarthas remained in a balanced market, though conditions are expected to shift toward a buyer's market by year-end. The increase in listings, combined with steady sales volumes, has contributed to this gradual transition.
Families are the primary drivers of sales in the Peterborough & The Kawarthas housing market, a trend expected to continue through the remainder of the year. Their demand reflects both the need for additional living space and a preference for communities with schools, amenities, and family-friendly infrastructure.
Economic uncertainty remains the region's biggest challenge, with demand falling short of available listings. Sellers in the region are adjusting their expectations to align with present market conditions. Young to middle-aged couples are increasingly entering the market despite low consumer confidence, often turning to family support or multigenerational living arrangements to help facilitate homeownership.
Overall, while rising inventory and economic uncertainty present challenges for the region, it remains supported by steady demand from families and emerging younger buyers. This mix is expected to help sustain balanced market conditions, with gradual adjustments in pricing and sales activity as sellers and buyers align their expectations.
