If you live in Peterborough or spend time in the Kawarthas, you probably noticed that real estate felt different in 2025. Things slowed down a bit, but in a healthy way. Homes still sold. Cottages still changed hands. It just felt more normal than the busy years before.
I’m Frank Rosso, ABR, SRS, your trusted local Peterborough REALTOR®. I work with buyers and sellers across Peterborough and the Kawarthas, including single-family homes and cottages. I talk to people every day who are trying to understand what the market is doing and what comes next. This blog is meant to explain that in plain language.
There is no fear here and no hype. Just a clear look at what happened and what I believe 2026 may look like.
What 2025 Was Really Like
In 2025, the market took a breath.
Buyers were more careful. Sellers had to be more thoughtful. Homes that were priced fairly and looked well taken care of still sold. Homes that were overpriced or needed work took longer.
This was true for houses in Peterborough and also for cottages in the Kawarthas.
The biggest change was that people felt less rushed. Buyers had time to think. Sellers had to plan a bit more. That is usually a good thing for everyone.
Why the Market Changed in 2025
Money felt more predictable
One big reason the market felt calmer is that borrowing money stopped changing so quickly. When people know roughly what their payments will be, they feel more confident making decisions.
Buyers were not jumping in without thinking, but they were ready when the right home showed up.
Buyers became more selective
In 2025, buyers compared homes carefully. They noticed details. Clean homes with good photos and realistic prices stood out right away.
Homes that felt tired or overpriced did not get the same attention. This was not buyers being difficult. They were simply being smart.
More choice helped balance things out
There were more homes to choose from than in past years. That gave buyers options. It also meant sellers needed a plan, not just hope.
Single-Family Homes in Peterborough in 2025
Across Peterborough neighbourhoods, a few patterns were clear.
Homes that were clean and move-in ready did well.
Homes priced correctly sold faster.
Homes priced too high often needed a price change.
Buyers paid close attention to how a home felt when they walked in. Light, layout, upkeep, and overall comfort mattered more than fancy upgrades.
For sellers, this meant preparation paid off. For buyers, it meant less pressure and better choices.
Cottages in the Kawarthas in 2025
The cottage market had two clear paths.
Cottages that sold well
Cottages with easy access, good water, solid docks, and systems that worked properly continued to attract buyers. People liked cottages they could enjoy without big repairs.
Cottages that needed patience
Seasonal cottages or places needing major work took longer unless the price matched the condition. Buyers were careful about repair costs and ongoing upkeep.
Many buyers asked more questions early. That helped avoid surprises and made deals smoother.
What I Expect for 2026
I believe 2026 will be steady and positive.
Not wild. Not slow. Just healthy.
Spring should feel active
If things stay on track, spring 2026 should bring good activity. Buyers will still look for value, but well-presented homes should see strong interest.
Good family homes may get more attention
Homes that work well for families or downsizers often attract more than one buyer. These homes may feel competitive again when priced right.
Cottages should remain stable
Quality cottages should hold their value. Buyers still want places that are easy to enjoy and usable for more than just a few summer weeks.
Preparation will matter most
In 2026, sellers who prepare their homes will stand out. Clean spaces, good photos, simple videos, and fair pricing make a big difference.
The goal is to make a home easy to say yes to.
What This Means for You
If you are thinking of selling, 2026 can be a good year if you plan ahead and price realistically.
If you are thinking of buying, take your time, know your budget, and move when the right place feels right.
If you are thinking about a cottage, ask good questions early so you can enjoy it without stress.
If you want help sorting through your options, that is exactly what I do.
Want to Learn More? Helpful Resources
Central Lakes Association of REALTORS® (CLAR)
Local market statistics for Peterborough and the Kawarthas, including home sales, prices, and trends.
Canada Mortgage and Housing Corporation (CMHC)
Helpful information on housing trends, affordability, and outlooks across Canada, written for everyday homeowners.
Bank of Canada
Clear updates on interest rates and economic conditions that affect mortgage payments and home buying decisions.
Frequently Asked Questions
1. Is now a good time to sell in Peterborough or the Kawarthas?
Yes, if your home is priced properly and ready to show well. Buyers are active, but they want value. A clear plan helps a lot.
2. Will home prices go up in 2026?
Prices may grow slowly in some areas, especially for well-kept homes. It is more likely to be steady than dramatic.
3. Are cottages still a good investment?
Many buyers still see cottages as a lifestyle choice first. Well-located, well-maintained cottages continue to be popular and enjoyable to own.
Additional resources
- Selling Your Home in Peterborough: How to Feel Confident, Prepared and Ahead of the Market
- What You Need to Know About Buying Your First Home in Peterborough
- Common Questions Home Sellers Ask in Peterborough | Frank Rosso Realtor
- Best Real Estate Agents in Peterborough Ontario: How to Choose the Right One
About Frank Russo
Frank Russo is a respected real estate professional in Peterborough with more than 38 years of experience guiding buyers and sellers throughout Peterborough and the Kawarthas. He focuses on residential properties and waterfront cottages and holds both the Accredited Buyer’s Representative (ABR) and Seller’s Representative Specialist (SRS) designations.
Highly regarded for his honesty, deep local insight, and results-driven approach, Frank consistently earns 5-star client reviews on Rate-My-Agent.com from those who appreciate straightforward guidance and reliable service.
Whether you’re thinking about buying, selling, or simply want insight into the local market, Frank is always happy to help.
Call or text: 705-933-9688
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