This Week in Real Estate – Vol 3. Peterborough & the Kawarthas

This is the third week that I have been charting and tracking real estate activity in Peterborough and the Kawarthas. There are a few trends that are starting to emerge that I will expand on next week. Understanding, processing then analyzing data every four weeks should produce some trends that REALTORS and consumers, over time, should be able to take advantage of – particularly as it relates to price.

I will be adding a new feature next week (and will track listings as of August 28th) based on strategy being used by Realtors to help get the best money for their clients when listing a home. The strategy is to “hold offers”. This means the house is available to be shown to perspective buyers through showings for 3-10 days (exact time to be determined by client and Realtor) with a date and time drawn to present all offers of interested parties. The strategy here is to induce the possibility of multiple offers to get maximum return for the seller.

What I will track is how successful the strategy is for clients through – average increase in dollars, price range of houses using strategy. What cannot be tracked is area of town. A home in the old west end will likely offer a different starting sale price then a home incorporating the same strategy in the south end. Due to privacy legislation, specific zones or streets will not be published.

Largest gain over asking price was in Peterborough as Monday we had three houses go solid with increases in asking price of $40,000, $30,000 and $25,000. Largest gain in the County was $31,000 in Lakefield and $24,000 in Cavan. Interesting that all three Peterborough listings that went over asking price used the “holding offers” strategy, the two county properties did not.

Quite a few high priced properties also sold this past week. Congratulations to the new owners of the following properties:

George Street North                                                   Wallace Point Road

442-448-george                                 3904-wallace-point

Birchview Road                                                            Fire Route 47 Selwyn

906-birchview                               fire-route-47-selwyn

Pictures above are the property of the listing brokerages or original owner.

In Peterborough since August 28th, 71 houses sold with 30 over list (42.2%). Here is the breakdown within price ranges.

Price Range – Peterborough listings Sold above list since Aug 28, 2016
Under $200,000 4
$200,000 to $249,999 7
$250,000 to $299,999 10
$300,000 to $349,999 3
$350,000 to $399,999 3
$400,000 and up 3

In Peterborough County since August 28th – 83 properties sold with 16 over list (19.2%). Here is the breakdown within price ranges.

Price range – Ptbo County listings Sold above list since Aug 28, 2016
Under $200,000 2
$200,000 to $249,999 2
$250,000 to $299,999 4
$300,000 to $349,999 2
$350,000 to $399,999 1
$400,000 and up 5

Here are new listings that came onto the Peterborough real estate board for this past week in the City of Peterborough. All listings are courtesy of the Peterborough and the Kawartha’s Association of Realtors members. Cancelled listings are those that have come to the market this past week and then subsequently cancelled. The listing address and brokerage name has been removed from the list. The links to each address are to the public realtor.ca website.

If you would like me information or to book a showing, feel free to call myself OR any other Realtor you trust!

ADDRESS PRICE TYPE LISTING BROKERAGE
996 SYDENHAM RD # 59, PETERBOROUGH $159,900 Residential Peterborough Realty Inc., Brokerage
557 BRIOUX AVE, PETERBOROUGH $214,900 Residential Royal Lepage Frank Real Estate Brokerage 035
633 RUBIDGE ST, PETERBOROUGH $218,900 Residential Century 21 United Realty Inc. Brokerage 040
710 ORPINGTON RD, PETERBOROUGH $235,000 Residential Just 3 Percent Realty Inc. Brokerage
236 SPENCLEY`S LANE, PETERBOROUGH $239,900 Residential McConkey Real Estate Corp. Brokerage
674 CHAMBERLAIN ST, PETERBOROUGH $244,900 Residential Royal Lepage Frank Real Estate Brokerage 035
554 MCCANNAN AVE, PETERBOROUGH $258,000 Residential Century 21 United Realty Inc. Brokerage 040
549 BOLIVAR ST, PETERBOROUGH $259,900 Residential Re/Max Eastern Realty Inc. Brokerage 181
737 CHESTERFIELD AVE, PETERBOROUGH $259,900 Residential Re/Max Eastern Realty Inc. Brokerage 181
646 RIVER RD S, PETERBOROUGH $262,900 Residential Mincom Kawartha Lakes Realty Inc. Brokerage
799 HEMLOCK ST E, PETERBOROUGH $264,900 Residential Re/Max Eastern Realty Inc. Brokerage 181
218 PARK PL ST, PETERBOROUGH $269,900 Residential Realty Guys Inc. Brokerage
917 CUMBERLAND AVE, PETERBOROUGH $279,900 Residential Re/Max Eastern Realty Inc. Brokerage 181
738 TRAILVIEW DR, PETERBOROUGH $282,900 Residential Re/Max Eastern Realty Inc. Brokerage 181
796 WELLER ST, PETERBOROUGH $294,900 Residential Re/Max Eastern Realty Inc. Brokerage 181
326 SUNSET BLVD, PETERBOROUGH $299,000 Residential Re/Max Eastern Realty Inc. Brokerage 182
2225 WOODGLADE BLVD, PETERBOROUGH $299,900 Residential Re/Max Eastern Realty Inc. Brokerage 181
2178 LYNHAVEN RD, PETERBOROUGH $309,900 Residential Century 21 United Realty Inc. Brokerage 040
1389 ARMSTRONG DR, PETERBOROUGH $319,900 Residential Bowes & Cocks Limited Brokerage 011
909 WENTWORTH ST # 36, PETERBOROUGH $334,900 Residential Re/Max Eastern Realty Inc. Brokerage 181
1824 MAPLERIDGE DR, PETERBOROUGH $339,900 Residential Flat Rate Realty Corp. Brokerage
2678 FOXMEADOW RD, PETERBOROUGH $389,900 Residential Re/Max Eastern Realty Inc. Brokerage 181
1121 ARMOUR RD # 33, PETERBOROUGH $409,000 Residential McConkey Real Estate Corp. Brokerage
87 MILROY DR, PETERBOROUGH $424,900 Residential Re/Max Eastern Realty Inc. Brokerage 181
820 BERTRAND TERR, PETERBOROUGH $425,000 Residential Royal Lepage Frank Real Estate Brokerage 035
498 HUNTER ST W, PETERBOROUGH $429,900 Residential Bowes & Cocks Limited Brokerage 011
605 FORTYE DR, PETERBOROUGH $430,000 Residential Century 21 United Realty Inc. Brokerage 040
296/298 PARK ST N, PETERBOROUGH $469,900 Multifamily Century 21 United Realty Inc. Brokerage 040
193 FARRIER CRES, PETERBOROUGH $519,900 Residential Re/Max Eastern Realty Inc. Brokerage 181
1700 KEPPLER CRES, PETERBOROUGH $599,900 Residential Re/Max Eastern Realty Inc. Brokerage 182

Here are new listings that came onto the Peterborough real estate board for this past week in the County of Peterborough. All listings are courtesy of the Peterborough and the Kawartha’s Association of Realtors members. Cancelled listings are those that have come to the market this past week and then subsequently cancelled. The listing address and brokerage name has been removed from the list. The links to each address are to the public realtor.ca website.

If you would like me information or to book a showing, feel free to call myself OR any other Realtor you trust!

Address Price Type Agents
COUNTY ROAD 44, HAVELOCK $25,000 Farm Re/Max Eastern Realty Inc. Brokerage 181
PART 1 KENNEDY DR, TRENT LAKES $45,000 Farm ROYAL LEPAGE FRANK REAL ESTATE – 16
81 FORREST DR, KEENE $89,900 Residential Re/Max Eastern Realty Inc. Brokerage 181
1765 MYERS CRES, ENNISMORE $94,900 Farm Re/Max Eastern Realty Inc. Brokerage 182
101 REID ST, KINMOUNT $119,000 Residential RE/MAX COUNTRY LIVING REALTY, INC. – 122
142 COUNTY ROAD 40, NORWOOD $120,000 Residential Exit Realty Liftlock Brokerage
101 FORREST DR, KEENE $129,900 Residential Re/Max Eastern Realty Inc. Brokerage 181
13 LOCUST LANE, CURVE LAKE $184,000 Residential Bowes & Cocks Limited Brokerage 016
1377 COUNTY ROAD 45 RD, HASTINGS $249,000 Residential Century 21 United Realty Inc. Brokerage 040
ANHINGA LANE, NORTH KAWARTHA $249,900 Farm Re/Max Country Classics Ltd. Brokerage
4 CEDAR CI, LAKEHURST $259,900 Residential Bowes & Cocks Limited Brokerage 013
667 ROBINSON RD, ENNISMORE $289,900 Residential Re/Max Eastern Realty Inc. Brokerage 182
1454 COUNTY ROAD 10, CAVAN-MONAGHAN $290,000 Residential Royal Lepage Frank Real Estate Brokerage 035
845 COUNTY 28 RD, BAILIEBORO $309,000 Residential Century 21 United Realty Inc. Brokerage 040
85 CEDAR DR, NORTH KAWARTHA $329,000 Residential Ambrose Moran Realty Inc.
411 FIRE ROUTE 82, HAVELOCK-BELMONT-METHUEN $371,000 Residential Bowes & Cocks Limited Brokerage 013
169 RIVER LANE, WARSAW $379,900 Residential Royal Lepage Frank Real Estate Brokerage 035
554 FIRE ROUTE 93A, METHUEN $395,000 Residential Royal LePage Frank Real Estate Brokerage 034
484 ENNIS RD, ENNISMORE $424,900 Residential Century 21 United Realty Inc. Brokerage 040
1585 11TH LINE, SELWYN $429,900 Farm Re/Max Eastern Realty Inc. Brokerage 181
461 LINDSAY HWY, SELWYN $459,900 Commercial Exit Realty Liftlock Brokerage
221 FIRE ROUTE 91, HAVELOCK-BELMONT-METHUEN $499,900 Residential Bowes & Cocks Limited Brokerage 013
729 COUNTY ROAD 2, BAILIEBORO $499,900 Residential Re/Max Eastern Realty Inc. Brokerage 181
867 TWOMEY PL, ENNISMORE $539,000 Residential Bowes & Cocks Limited Brokerage 011
1374 DUNMANUS DR S, ENNISMORE $549,900 Residential Re/Max Eastern Realty Inc. Brokerage 182
2480 CRAFT POINT LANE, SELWYN $600,000 Residential Century 21 United Realty Inc. Brokerage 044
1829 YOUNGS POINT RD, YOUNG`S POINT $649,900 Residential Royal LePage Frank Real Estate Brokerage 034
840 FIRE ROUTE 70A, TRENT LAKES $795,000 Recreational Bowes & Cocks Limited Brokerage 013
91 FIRE ROUTE 33, DOURO DUMMER $799,000 Residential Bowes & Cocks Limited Brokerage 013
4481 COUNTY ROAD 36 W, LAKEFIELD $999,900 Commercial Royal Lepage Frank Real Estate Brokerage 035

 Understand that real estate is forever changing and evolving. It is not possible to consistently remedy and update links below as they sell – particularly if you are reading this post on or after September 18th. I will not be going back through and unlinking addresses as they come off the public site after September 18 for this post nor previous posts. If you would like a link of previous posts to compare stats or listings please click below.

TWIRE VOLUME 2, TWIRE VOLUME 1

Please read: These lists are meant to illustrate new listings that have come for sale on the Peterborough and Kawartha Association of Realtors real estate board. Any mistakes, errors or omissions are oversights and the responsibility of the listing brokerages to remedy. This list is not complete. Any omissions to these lists may be the result of sensitive listings (a business wishing to keep advertising to a minimum, some commercial listings). All listings are MLS unless otherwise noted (Exclusive, private).

Thank you for reading this week. Full four week stat pack wrap up set to come next week!

Mark Million is a Realtor with Bowes and Cocks Limited, Brokerage in Peterborough. If you would like a free opinion of value or ways to market your home differently contact me. If you want free advice on any real estate question or scenario you may have, by all means contact me. All information or conversation disseminated through WordPress or any other means of correspondence between myself and you is not intended to solicit those currently under contract.

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