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Peterborough

Why you'd want to live in Peterborough

Peterborough (/'pi?t?rb?ro?/ PEE-t?r-burr-oh) is a city on the Otonabee River in Ontario, Canada. According to the 2016 Census, the population of the City of Peterborough was 81,032. The population of the Peterborough Census Metropolitan Area (CMA), which includes the surrounding Townships of Selwyn, Cavan Monaghan, Otonabee-South Monaghan, and Douro-Dummer, was 121,721 in 2016. In 2016, Peterborough ranked 32nd among the country's 35 census metropolitan areas according to the CMA in Canada. The current mayor of Peterborough is Diane Therrien. Peterborough is known as the gateway to the Kawarthas, "cottage country", a large recreational region of the province. It is named in honour of Peter Robinson, an early Canadian politician who oversaw the first major immigration to the area. The city is the seat of Peterborough County. Peterborough's nickname in the distant past was "The Electric City" as it was the first town in Canada to use electric streetlights.It also underscores the historical and present-day importance of technology and manufacturing as an economic base of the city, which has operations from large multi-national companies such as Siemens, Rolls-Royce Limited, and General Electric, and more local businesses such as Merit Precision Ltd., Dynacast and Bryston. Electricity was one of the reasons Quaker Oats moved to the city, and as part of PepsiCo remains a major fixture in the downtown area. However, over the years the number of major manufacturing plants has declined, and General Electric closed its last remaining facility in 2018. As a result, employment has been shifting toward the service industries and tourism is now the leading industry in the area via Wikipedia

Buying a Home in Peterborough Selling a Home in Peterborough

Peterborough Market Report

$818,264

AVERAGE PRICE OF 568 HOMES

$2,118,329

AVERAGE PRICE OF 61 MULTI-MILLION DOLLAR HOMES

$774,949

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$1,057,700

AVERAGE PRICE OF 46 HOMES WITH A POOL

$638,561

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $818,264
Avg Bedrooms 3.15 beds
Avg Bathrooms 2.37 baths

Average Price by Bedrooms

1 bedroom $630,812
2 bedrooms $624,139
3 bedrooms $702,472
4 bedrooms $856,207
5 bedrooms $696,183
Peterborough Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 603 n/a n/a n/a 99
Average Price $818,641 n/a n/a n/a $803,314
Avg Price Change n/a n/a n/a n/a +14.97%
Median Price $676,604 n/a n/a n/a $667,366
Med Price Change n/a n/a n/a n/a +6.58%
Avg Bedrooms 3.09 beds n/a n/a n/a 3.06 beds
Avg Bathrooms 2.37 baths n/a n/a n/a 2.4 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 568 $818,264 34 days
Multi-Million Dollar Homes 61 $2,118,329 41 days
Newly Built Homes 2 $774,949 17 days
Homes with a Pool 46 $1,057,700 37 days
Reduced Price Homes 29 $638,561 33 days
Jeremy Romano Real Estate Team | RE/MAX Impact Realty
Jeremy Romano
1-1413 King St. E.
Courtice, ON L1E 2J6
905-925-0007

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole,or in part, is specifically forbidden. August 13, 2022
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2022 Last Updated August 13, 2022
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