MARKET UPDATE STATISTICS   This web page was  updated on the 17th June 2010 david woolverton Sales Representative
The data in these 3 tables are  selected from the whole area of our board and include data from all MLS listed properties from all the real estate companies with properties on our board data base. The first table is for data from the whole area covering both Peterborough city and outside the city combined, The upper section shows the total sales numbers, and the other 2  sections of the table look at the number of sales  broken into categories for first of all just the month of May  and then for the year to date jan-may .....     when looking at these tables it is worth remembering that the financial crisis was at its worst at the end for 2008, so  by then the  main realestate selling season for 2008 was mainly over and the figures for 2008 were not far off a typical year ....but 2009 was badly affected at the beginning of the year by buyer uncertainty caused by the world wide financial upheaval , and by the time buyers were a little more optimistic later in 2009 the main buying season was coming to an end .. so 2009 was a weak year for the real estate market  so when comparing the 2010 figures with 2009 we are seeing large improvements over the weak 2009 figures there was an increase of 13.1% in the number of sales for  may 2010 over may 2009! ..... but the may 2010 sales numbers are lower than the may 2008!! and for the year to date (jan-may) in the bottom third of the table ,   all  categories  are  showing sales numbers higher  in 2010 than in 2009 ...  take a look at a chart to see how prices have change over the years
. This second table looks in a bit more depth at 4 groups of properties comparing  jan-may in  2008, 2009 and 2010   the first group being in Peterborough District .. which is Peterborough City in the database the other 3 groups are in the Rural District ... which is Peterborough County  sales numbers  are up in  all 4 groups average days on the market to sell is down for all 4 groups and the average selling price is up in 3 groups....
These general statistics for the whole of our area can be broken down to your own part of the city, county or lake .... to give you an even better feel as to how the market where you live/cottage is changing... give me a call or send me an email if you would like to discuss how these price and market trends might affect selling your own property, or buying your next property next update due in August 2010