Community

Otonabee Ward 1 Real Estate

Peterborough, Peterborough

80Active
578Sold
79Leased
12Buildings
Page 1 of 4 (78 total)

Otonabee Ward 1 Market

Updated Aug 23, 2026
Condos
Median sale price
$519K
Median PSF (est.) 4.4%
$467/sqft
Price trend
Sold last 90 days
15
Active listings
15
Months of inventory
7.5
Avg days on market
57
Sale-to-list ratio
96.86%
Absorption rate
13.3%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 11.76% · End-user: 88.24% (from 15 sales, 2 leases)
Price reductions (90d)
Price-reduction rate: 13.33%
Avg reduction: $24,550 (4.66%)
Monthly reduction trend
2024-09: 0.0% (3 listings)
2024-10: 14.3% (7 listings) · avg $70,100
2024-11: 0.0% (6 listings)
2025-03: 0.0% (3 listings)
2025-06: 20.0% (5 listings) · avg $140,000
2025-07: 40.0% (5 listings) · avg $17,050
2025-09: 0.0% (4 listings)
2025-12: 25.0% (4 listings) · avg $20,000
2026-03: 33.3% (3 listings) · avg $50,000
2026-05: 40.0% (5 listings) · avg $20,000
2026-06: 12.5% (8 listings) · avg $19,100
2026-07: 0.0% (4 listings)
Re-entries (past 12 months)
Re-entries: 1 of 73 sold · rate 1.37%
Avg price change: -$40,000 (-11.27%)
Median PSF (est.) vs parent area
Median PSF: $467+0.00% vs municipality avg ($467)[at_par]
Supply vs demand by unit type (90d)
Sample: 15 active listings · 15 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 1 active / 1 sold · mismatch +0.00%
2br: 10 active / 11 sold · mismatch -6.66%
3br: 4 active / 3 sold · mismatch +6.67%
Concession pattern by unit type (90d)
1br (12 sales)91.67% closed with concessions, avg 4.88% below ask
2br (45 sales)84.44% closed with concessions, avg 3.24% below ask
3br (16 sales)87.50% closed with concessions, avg 3.79% below ask
Seasonality (annual pattern)
Historically strongest months: Sep, Nov, Oct
Historically weakest months: May, Dec, Jan
Annual averages: DOM 48.9d · sale-to-list 96.86% (n=73)
Monthly detail
Jan · 2 sales · DOM 116.5d · STL 97.58%
Feb · 2 sales · DOM 54.0d · STL 96.65%
Mar · 6 sales · DOM 56.3d · STL 97.24%
Apr · 1 sales · DOM 51.0d · STL 97.29%
May · 7 sales · DOM 65.9d · STL 97.38%
Jun · 13 sales · DOM 45.4d · STL 96.20%
Jul · 9 sales · DOM 53.6d · STL 95.41%
Aug · 4 sales · DOM 51.5d · STL 98.72%
Sep · 7 sales · DOM 21.0d · STL 97.90%
Oct · 9 sales · DOM 35.8d · STL 96.66%
Nov · 7 sales · DOM 32.7d · STL 97.23%
Dec · 6 sales · DOM 67.5d · STL 96.61%
Homes
Median sale price
$506K
Median PSF (est.) 17.5%
$444/sqft
Price trend
Sold last 90 days
65
Active listings
52
Months of inventory
2.7
Avg days on market
28
Sale-to-list ratio
98.43%
Absorption rate
36.5%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 13.33% · End-user: 86.67% (from 65 sales, 10 leases)
Price reductions (90d)
Price-reduction rate: 26.15%
Avg reduction: $45,406 (6.38%)
Monthly reduction trend
2024-08: 14.3% (7 listings) · avg $30,000
2024-09: 21.1% (19 listings) · avg $43,850
2024-10: 40.0% (15 listings) · avg $69,333
2024-11: 8.3% (12 listings) · avg $15,000
2024-12: 13.3% (15 listings) · avg $40,000
2025-01: 26.7% (15 listings) · avg $38,475
2025-02: 46.1% (13 listings) · avg $26,633
2025-03: 50.0% (10 listings) · avg $48,000
2025-04: 9.1% (11 listings) · avg $50,000
2025-05: 20.8% (24 listings) · avg $21,020
2025-06: 31.3% (16 listings) · avg $32,800
2025-07: 4.8% (21 listings) · avg $40,000
2025-08: 25.9% (27 listings) · avg $31,057
2025-09: 16.7% (18 listings) · avg $21,667
2025-10: 16.7% (18 listings) · avg $28,033
2025-11: 33.3% (21 listings) · avg $44,271
2025-12: 22.2% (9 listings) · avg $25,000
2026-01: 0.0% (5 listings)
2026-02: 0.0% (6 listings)
2026-03: 11.1% (9 listings) · avg $15,000
2026-04: 16.7% (12 listings) · avg $25,000
2026-05: 16.7% (12 listings) · avg $32,450
2026-06: 17.4% (23 listings) · avg $26,250
2026-07: 28.6% (28 listings) · avg $62,238
2026-08: 38.5% (13 listings) · avg $33,800
Re-entries (past 12 months)
Re-entries: 4 of 379 sold · rate 1.06%
Avg price change: +$62,750 (+17.13%)
Median PSF (est.) vs parent area
Median PSF: $444+3.70% vs municipality avg ($429)[premium]
Seasonality (annual pattern)
Historically strongest months: Aug, Nov, Sep
Historically weakest months: Jan, Feb, Mar
Annual averages: DOM 27.6d · sale-to-list 98.43% (n=379)
Monthly detail
Jan · 20 sales · DOM 33.5d · STL 97.49%
Feb · 19 sales · DOM 36.0d · STL 97.36%
Mar · 19 sales · DOM 48.4d · STL 97.26%
Apr · 23 sales · DOM 24.4d · STL 98.23%
May · 36 sales · DOM 25.2d · STL 99.63%
Jun · 39 sales · DOM 26.1d · STL 99.18%
Jul · 49 sales · DOM 28.2d · STL 97.93%
Aug · 47 sales · DOM 22.4d · STL 97.66%
Sep · 37 sales · DOM 23.8d · STL 100.32%
Oct · 33 sales · DOM 31.2d · STL 98.11%
Nov · 33 sales · DOM 23.3d · STL 98.39%
Dec · 24 sales · DOM 25.0d · STL 98.30%
Loading market intelligence…

About Otonabee Ward 1 Real Estate

Explore 80 active listings in Otonabee Ward 1, located in Peterborough. Browse 12 condo buildings, compare 78 properties for sale and 2 for lease, and find your next home with detailed market data and price estimates.

Otonabee Ward 1 has seen 657 completed transactions recently, with 578 sold and 79 leased properties providing rich comparable data for accurate valuations.

Buildings in Otonabee Ward 1

Other Communities in Peterborough