Week in review: Real Estate Market Watch and Update (September 15-September 21 2025) Peterborough and Haliburton

Real Estate Market Brief September 22nd, 2025 Edition 

Peterborough and Haliburton

(September 15th-September 21st,  2025)

www.bradsinclair.ca

 Peterborough (Non-Waterfront)

# of New listings-106

# of Active Listings-300+

# of Conditionally Sold-66

# of Sold-31

Average Sale Price-$604,601

Average List Price of Sold Listings-$619,961

Average Days on Market-47

Peterborough (Waterfront)

# of New listings: 16

# of Active Listings-294

# of Conditionally Sold-9

# of Sold-5

Average Sale Price-$1,035,600

Average List Price of Sold Listings-$1,094,660

Average Days on Market-63

Haliburton (Non-Waterfront)

# of New listings-19

# of Active Listings-237

# of Conditionally Sold-12

# of Sold-7

Average Sale Price-$384,214

Average List Price of Sold Listings-$413,557

Average Days on Market-54

Haliburton (Waterfront)

# of New listings-14

# of Active Listings-251

# of Conditionally Sold-8

# of Sold-5

Average Sale Price-$746,000

Average List Price of Sold Listings: $825,380

Average Days on Market-68

Summary of the Numbers!

My Thoughts

The key takeaways from the real estate data are:

• In Peterborough non-waterfront:

  • The number of new listings increased from 90 to 106.
  • The number of sold properties increased slightly from 29 to 31.
  • The average sale price decreased from $641,924 to $604,601.
  • The average days on market increased from 30 to 47.

  In Peterborough waterfront:

  • The number of new listings decreased from 22 to 16.
  • The number of sold properties decreased from 9 to 5.
  • The average sale price increased significantly from $654,222 to $1,035,600.
  • The average days on market increased from 48 to 63.

  In Haliburton non-waterfront: 

  • The number of new listings increased from 13 to 19.
  • The number of sold properties decreased from 9 to 7.
  • The average sale price decreased from $475,444 to $384,214.
  • The average days on market remained the same at 54.

  In Haliburton waterfront:

  • The number of new listings decreased from 19 to 14. 
  • The number of sold properties decreased from 8 to 5.
  • The average sale price decreased from $812,450 to $746,000.
  • The average days on market increased from 38 to 68.

  The key changes seem to be a drop in Peterborough waterfront sales but a significant increase in average price, along with a general decrease in sales and prices in the Haliburton market compared to the previous week.

In the News:

Need the numbers on your property? Contact me, and I will provide you with a free evaluation at no cost or obligation.

Brought to you by: Your local Realtor®

If you are looking to either Buy or Sell, contact me at 705-927-6236

Brad Sinclair, Sales Representative

Team Lead at The Brad Sinclair Team

Royal Heritage Realty

Your inside source to cottage country

Not intended to solicit clients under contract 

Should I buy my next home first or sell my current home first? 5 Scenarios to consider.

Should I Buy or Sell First?

The question asked by nearly every home seller. The answer depends on your risk tolerance level and personal circumstances. Let's review the following scenarios to help you decide what might be right for you.

Scenario 01: Seller's Market

Recommendation: Buy First

Typically, you want to start with the transaction that will take the most time. This means that in a seller's market, you would want to buy first, since finding the right home to purchase will likely take more time than it will to sell your current home.

Scenario 02: Buyer's Market

Recommendation: Sell First

On the flip side, if you are in a buyer's market, you will usually sell your current home first and then buy your new one.

Scenario 03: Subject-to-Sale Offer

Recommendation: Buy and Sell at the Same Time

A subject-to-sale offer is the best of both worlds, as it allows you to purchase a new home on the condition that you are able to sell your current one. Not all sellers will accept a subject-to-sale offer, but they are more likely to do so in a buyer's market.

Scenario 04: Afford Two Properties

Recommendation: Buy First

If you can temporarily afford to pay the mortgage on two properties, you can eliminate some of the risk involved in purchasing before you sell.

Scenario 05: Temporary Living Arrangement

Recommendation: Sell First

Whether you sell or buy first, there is a small risk that the possession dates on both properties may not line up. Having a backup plan for where you can stay while waiting to move into your new home can help mitigate this risk.                                         

In summary, the decision to buy or sell your home first depends on your specific market conditions, risk tolerance, and personal circumstances. If you are in a seller's market, it is generally recommended to buy first. In a buyer's market, selling first is usually the better approach. If possible, a subject-to-sale offer can provide the best of both worlds. Ultimately, having a backup plan for temporary living arrangements and the financial means to carry two mortgages can help mitigate the risks of either buying or selling first. Carefully evaluate your situation and discuss options with your real estate agent to determine the best strategy for your home sale and purchase.

Brought to you by: Your local Realtor®

If you are looking to either Buy or Sell, contact me at 705-927-6236

Brad Sinclair, Sales Representative

Team Lead at The Brad Sinclair Team

Royal Heritage Realty

Your inside source to cottage country

Not intended to solicit clients under contract 

"No More MP Ferreri" seems like something Donald Trump would say.

 

I saw one of Peterborough's "No More MP Ferreri" signs today. I was surprised; it bothered me. After some thought why it bothered me, I felt that the sign was unkind and was hypocritical by the maker and displayer. The sign was created by John Bruce of Peterborough supporting NDP, Green and Liberal parties over conservatives. I have no problem with individual election signs, but to display "No More MP Ferreri" sign is on the same page as the "F*&% Trudeau" signs. It shows a lack of class. 

The display of such disparaging signs regarding political figures, regardless of party affiliation, demonstrates a concerning lack of civility and respect in political discourse. While individuals are entitled to their opinions, the public exhibition of inflammatory rhetoric can further polarize the electorate and undermine the democratic process. A more constructive approach would be to engage in thoughtful, nuanced discussions that address substantive policy issues rather than resorting to personal attacks, as I felt those signs were.

Say what you want about Michelle Ferreri, but she works. When she is not in Ottawa, she is out at many Peterborough events and you see her. Just open the Peterborough Examiner, and you can read it for yourself. You can not deny that Michelle is always out and about in the community. If Michelle is being seen, it is only fair to reason that she is hearing from the people. Is that not what you want from your representative, Conservative, Liberal, NDP or Green? 

Then you read in the Peterborough Examiner about a city woman, Mary Reynolds, who carried a "No More MP Ferreri" sign in protest against Michelle Ferreri for International Woman's Day. Is Michelle Ferreri not a woman? If you Google "what is International Womans Day" this is the definition I got:  International Women's Day, celebrated annually on March 8th, is a global day dedicated to recognizing and celebrating the social, economic, cultural, and political achievements of women and girls, while also serving as a call to action for accelerating gender equality.  So was holding a "No More MP Ferreri"  hypocritical? I believe so. Mary Reynolds owes Michelle Ferreri an apology. International Women's Day is for all women, not just those with Mary Reynolds's beliefs. This was not the day to use the divisive "No More MP Ferreri" sign to protest.

We all have our beliefs and vote and support who best represents us. You sticking a divisive sign on your yard is doing precisely what you say you are against. Support your representative and party choice, but pushing a sign like "No More MP Ferreri"  makes you a hypocrite. We should have respectful political discourse and disagree without resorting to divisive rhetoric or personal attacks, as I feel this sign is to Michelle Ferreri.

Promoting unity and understanding, even across party lines, is the best way to move our community and country forward. Rather than widening the divide, we should focus on the shared values and common ground that unite us as Peterborough residents and Canadians. Constructive dialogue, not inflammatory signs, is the path to progress.

"No More MP Ferreri" seems like something Donald Trump would say. Just like when Donald Trump calls Christine Freeland a "nasty" woman. It is just wrong.

Be better.

Brad Sinclair

Why Won't My House/Property Sell?

Why Won't My Property Sell?

Ever driven by a home for sale for an extended period and wondered why no one has bought it yet? You may be worried that your own house won't sell when you go to list it.

There are several common reasons a house becomes hard to sell:

1. Overpricing

The number one reason a house is difficult to sell is an unrealistic asking price. Overpricing a home can scare away potential buyers. It's essential to price your home competitively based on recent comparable sales in the area. 

2. Poor Presentation

Your home isn't showing well to buyers. Poor staging, outdated decor, or a lack of curb appeal can make a home unappealing. Decluttering, deep cleaning, and minor cosmetic updates can help your home show its best.

3. Lack of Promotion

Your home may not be getting enough exposure to potential buyers. Proper promotion includes more than just a sign on your front lawn. Websites, digital ads, print ads, and open houses are valuable tools for promoting your home's listing.

4. Location or Condition Issues

Homes in undesirable locations or needing major repairs may struggle to attract buyers. Factors like noisy surroundings, flood risk, or outdated systems can be turnoffs for potential purchasers.

5. You need to give it time

If you researched the home's value, and your were provided a CMA report from your Realtor, the same CMA report will also give you an average days on the market to sell. Sometimes, it just takes time to sell. Use the average days on the market to provide you with a timeline to realistically give to sell the home. If it is well above the days on the market, relook at the numbers 1 to 4 above.

The Brad Sinclair Team has the Iguide system, a great tool for giving buyers a virtual look at your home before they book a showing. We also have a huge database of potential buyers and list our properties on the Toronto Real Estate Board and the Local Real Estate Board for more exposure. We also use digital marketing to get your listing in front of more eyes.

When you work with us, you can count on our team to leverage our extensive resources and expertise to get your property sold quickly and for the best possible price. Contact us today at 705-927-6236 to learn more about how we can take the stress out of selling your property.

Brought for you by: Your local Realtor®

If you are looking to either Buy or Sell, contact me at 705-927-6236

Brad Sinclair, Sales Representative

Team Lead at The Brad Sinclair Team

Royal Heritage Realty

Your inside source to cottage country

Week in review: Real Estate Market Watch and Update (March 16-March 22, 2025) Peterborough, Kawarthas and Hastings

 

Real Estate Market Report for Peterborough, Kawarthas and Highlands (Hastings). Get a snapshot of what is happening in your Real Estate Market for the week of March 16th to March 22, 2025

Looking at the numbers, the data suggests that lower-priced listings are selling below the average list price in all three areas, which could indicate an influx of first-time buyers. The City of Kawartha Lakes real estate market appears to be in a slower period, with lower new listings and overall sales compared to Peterborough and Hastings counties. However, the stronger sales activity and total dollar value of real estate in Peterborough and Hastings suggest a more robust market in those regions. Overall, the data paints a nuanced picture of the regional real estate trends, with some areas showing more activity and demand than others.

Peterborough and Peterborough County

# of Current Active Listings

718

# of New Active Listings

128

Average List Price

$960,428

Average Sales Price

$681,069

Average Days On the Market 

28

Total Dollar Value of Real Estate

$24,518,499

City of Kawartha Lakes 

# of Current Active Listings

519

# of New Active Listings

60

Average List Price

$818,762

Average Sales Price

$785,268

Average Days On the Market 

34

Total Dollar Value of Real Estate

$17,275,900

Hastings County

# of Current Active Listings

958

# of New Active Listings

116

Average List Price

$711,665

Average Sales Price

$512,012

Average Days On the Market 

56

Total Dollar Value of Real Estate

$21,504,513

Brought for you by: Your local Realtor®

If you are looking to either Buy or Sell, contact me at 705-927-6236

Brad Sinclair, Sales Representative

Team Lead at The Brad Sinclair Team

Royal Heritage Realty

Your inside source to cottage country

Bank of Canada Set to Cut Interest Rates Again (Fingers Crossed!)

Tiff Macklem Poised to Lower Rates for Third Time in 2024

Tomorrow, the financial world will be watching closely as Tiff Macklem, the Governor of the Bank of Canada, announces whether the central bank will cut interest rates for a third time this year. This highly anticipated decision comes on the heels of Canada's economy growing more than expected in the second quarter, despite the unemployment rate reaching its highest level in two years.

Economists are largely betting on a rate cut, primarily due to the elevated unemployment figures. Reducing the benchmark interest rate could have a ripple effect through the markets, ultimately providing some relief for Canadian consumers. This move could also serve as a much-needed boost for the country's stagnant real estate market, plagued by mortgage challenges and market uncertainty over the past two years.

"A 25-basis-point reduction in the policy rate won't make a huge change overnight, but there is a risk that the housing market interprets this as a signal of further rate cuts to come and sparks an acceleration in housing market activity," warned one economist. This cautious sentiment underscores the delicate balance the Bank of Canada must strike in its decision-making process.

While a rate cut could provide a much-needed boost to the real estate market and the overall economy, there is a risk of overreaction and unsustainable growth. The central bank will need to carefully monitor the market's response and be prepared to adjust its policies accordingly to ensure a stable and healthy economic environment.

Regardless of the outcome, one thing is clear: the Bank of Canada's actions will significantly impact millions of Canadians' lives. The challenge lies in striking the right balance between stimulating growth and maintaining stability – a delicate dance requiring the utmost skill and foresight from Tiff Macklem and his team.

As the country navigates these uncharted waters, the decisions made tomorrow will undoubtedly shape the future of Canada's economic landscape, with ripple effects that will be felt for years to come.

Balsam Lake Provincial Park

 Balsam Lake Provincial Park

Balsam Lake Provincial Park is one of the most popular parks in Ontario located approximately 2 hours from Toronto. There are 5 campgrounds and 3 hiking trails, as well as a large clean sandy beach on Balsam Lake, where you can rent canoes, kayaks and pedal boats. This lake is one of the cleanest lakes in the Kawartha Lakes area, which makes for great swimming. The park is approximately 449 hectares in size. There are education programs throughout July and August, where you can learn about the natural environment and local history through a variety of children's programs, guided hikes, evening presentations and more.

There is also some great fishing for large and smallmouth bass, walleye, and muskellunge. You can find a wide range of birds from hummingbirds, cardinals, Northern orioles, Pileated woodpeckers, hawks, osprey and owls. Balsam Lake Provincial Park contains suitable habitat for other species at risk found in the immediate vicinity of the park. Other wildlife that maybe found within the park include white-tail deer, wild turkey, racoon, frogs and turtles. Projects to enhance or restore native wildlife habitat will be considered and implemented where feasible and appropriate.

Balsam Lake Provincial Park offers many different options for accommodations and camping. Explore the shores of Balsam Lake via the hiking trails. Plantation Trail (4.2 km) and Lookout Trail (2.6 km) are both connected by Lorie’s Link (2.7km). Lakeshore trail (1km) runs along the shore of Balsam Lake providing pedestrian access from the lakeshore campgrounds to the day-use area including the boat launch, boat rentals and beach. Self-use cross-country skiing and snowshoeing are also available in the winter.

There is a tree nursery area located within the park to grow seedlings for in-park restoration and landscaping projects. This nursery may be expanded. Balsam Lake Provincial Park will be maintained in as natural a state as possible. Native plant species may be planted for the purpose of restoration, enhancement of existing natural areas, shoreline management, or rehabilitation of trails, roads, or campsites.

Brad Sinclair

Team Lead “The Brad Sinclair Team”

Sales Representative

Royal Heritage Realty, Brokerage

Visit my website! www.bradsinclair.ca

Call Or Text me 705-927-6236

Your Cottage Country Inside Source

Waterfront-Commercial-R.E. -Investing

FIND OUT WHAT YOU DON’T KNOW. EPISODE 10. WHEN YOU NO LONGER WANT TO OWN A COTTAGE

 WHEN YOU NO LONGER WANT TO OWN A COTTAGE

For many Canadians a luxury that we can enjoy is a family cottage, a camp or a forest getaway. These beautiful places offer a place to rejuvenate in quietness and solitude. Or maybe it is the time spent with family. Or maybe time on the trail.

Like anything, nothing lasts forever. The little boy who swung in the tire swing on the large oak now lives thousands of miles away raising his own family. The little girl who loved swimming off the dock that is now a teenager and not that excited to hang out with Mom and Dad with no internet. It could be you, you are past your prime and the extra work you are no longer able to do easily.

The deep affection we feel for these properties because of the amazing memories can truly distort the prospective when it comes to considering to sell the property. What do you mean you are selling the family cottage? We love that place! Sure you love it son/daughter but you have not been to the property in 3 years and you do not contribute a dime to the expenses!

Other considerations that one my look at when it might be time to sell is tax considerations, family financial obligations, maybe family’s can not afford to carry the property. You have to consider different generations with different attitudes and goals. The younger generation may want to see the world by travelling. A big one that I see personally is when the commitment of weekly visits just becomes a pain. That pain could be from the 3 hour drive on Friday night and back on Sunday,  kids and sports. New hobbies and interests or maybe new love!

The whole point of the recreational property is to relax, bring family and friends together but ultimately bring joy. When these things are not happening, it is time to start the decision process why you are going to keep the property, or why you are going to sell it.

Selling a cottage is truly a business decision. Like any property that is being purchased and sold. It is better to leave emotion out of the deal, and I realize that is easy to say but unbelievably hard to do in reality. Some of the major mistakes I have seen in the past is looking at the property with rose coloured glasses. You look at your property and see all the special memories, blood, sweat and tears you gave to purchase, kept and maintain the property for so many years. The problem is buyers do not see this with the same lens. They see their own scarifies to purchase, their own hopes and dreams, not yours. You may think your cottage is the best cottage on the lake and going to price it accordingly. Is it the best cottage or is it the rose colour glasses distorting the truth?

Once you have exhausted any and all reasons to keep the property for yourself and your family, it is time to put the property on the market. The first question most want to know is, what is my property worth? To get the correct value of your property is to find a Realtor that works the lakes and can give you documented facts on true value. Don’t be afraid to invite a few agents. The medium price given is most likely your actual value.

Next, you must choose who you are going to list with. Should I choice my friend from the city to list my rural recreational property or should I list with a local agent that knows the lakes, politics, can refer additional resources and usually already has buyers in their pocket? I know which one I would choice who would be best for myself and my family but some feel that their friend that works the city is the best choice. But it is your choice!

Communication is key with everyone involved. Making sure everyone in the family is on the same page with the right reasons why it is time to sell. This will solve a ton of heart ache and bitterness down the road. Also communication with your chosen Realtor is extremely important. Your Realtor must know all the details of the why’s, the troubles, the excitement and the dread. For the Realtor to take you down the correct path of a successful sale, all details must be known no matter how hard it is to tell a complete stranger your problems.

Buying and selling real estate is an emotional, complicated and possibly difficult time in ones life. If you go though all the correct steps in the decision making, you will find that the process can be much less taxing on you and your family.

Watch Video Here!

What is your cottage worth? Click here to find out

When your recreation or waterfront property is no longer rainbows and sunshine, we offer concrete solutions to Life‘s curveballs. Call us today for a clear path. We will look after everything.

Brad Sinclair

Team Lead “The Brad Sinclair Team”

Sales Representative

Royal Heritage Realty, Brokerage

Visit my website! www.bradsinclair.ca

Call Or Text me 705-927-6236

Your Cottage Country Inside Source

Waterfront-Commercial-R.E. -Investing

Petroglyphs Provincial Park

 

Petroglyphs Provincial Park

Petroglyphs Provincial Park is one of the most unique provincial parks in Ontario. Visitors can get a glimpse back to a time more than 1,000 years ago, when First Nations peoples created traditional carvings or petroglyphs in the various rock formations located within the park. Petroglyphs Provincial Park holds the largest known concentration of Indigenous rock carvings in Canada. Petroglyphs Provincial Park was established 1976, and in 2002 The Learning Place visitor center opened. Petroglyphs Provincial Park is located in Central Ontario just off of the north shores of Upper Stoney Lake about 45-minutes from the city of Peterborough. With spectacular history, modern uses, ample wildlife, and beautiful hiking trails for everyone to enjoy. The park is also day-use only and there is no camping. There are also strict opening and closing times, so using the park after closing is not allowed. However, there is camping nearby for those who wish to spend a weekend at the park. Visiting during the week is recommended in order to have the best experience.

Petroglyphs Provincial Park is an excellent destination for educational trips, bird/nature watching and hikers. The ‘Teaching Rock’ is one of the few known petroglyph sites located in the Canadian Shield. There is no photography or videography allowed within the Teaching Rock complex. A building now sits over the Teaching Rock to protect the ancient carvings from the elements. The Learning Place visitors center is where you will find a wealth of information about the petroglyphs along with knowledge about the life and traditions of Ojibway People from ancient to modern life.

The presence of a subterranean stream below the petroglyphs site, makes a rumbling sound that was thought to be the voice of a spirit, this may account for its reputation as a religious site and may have been the subject of some of the extensive carvings found here. The present-day forest cover is mainly medium-age pine and hardwoods on shallow soils. The open rock areas have scattered trees and shrubs, while the lower, wetter areas often contain ash or elm forests or willow-alder thickets. Since the early 1960s, most of the park area has been within a timber license area and managed for timber production on a continuous basis. Pruning and thinning of natural and planted white and red pine stands occur on a regular basis. Approximately 130,000 white pine, 250,000 red pine and 100,000 white spruce were planted within the park area and the immediate vicinity.

As the park has been designated a historical park and is limited to day use only the limited additional activities are mainly wildlife viewing and hiking. The trails range in difficulty and length, Marsh Trail is the longest trail in the park and moderately difficult, Ratarat Trail is the shortest most convenient, Nanabush Trail is long but easily, West Day-Use Trail is of moderate difficulty.

 Its location at the edge of the Canadian Shield and bordering the Peterborough Crown Game Reserve provides for some dramatic scenery and includes large populations of indigenous animals such as beaver, otter, white-tailed deer, chipmunks, fishers, wolves and many species of birds including woodpeckers, grey jays, wild turkeys, hawks, northern flickers, ruffled grouse and if your lucky enough bald and golden eagles can sometimes be spotted in the winter months.

Brad Sinclair

Team Lead “The Brad Sinclair Team”

Sales Representative

Royal Heritage Realty, Brokerage

Visit my website! www.bradsinclair.ca

Call Or Text me 705-927-6236

Your Cottage Country Inside Source

Waterfront-Commercial-R.E. -Investing