Condos for Sale in Otonabee Ward 1, Peterborough

Evaluating Otonabee Ward 1, Peterborough means looking directly at the numbers. There are currently 16 active listings on the MLS®, which gives us a decent cross-section of housing types to look at. The overall market activity here points to a measured, steady pace of transactions.

Understanding the local pricing matrix is important before we make an offer. Active inventory shows entry-level homes starting at $319K. The top-tier real estate is listed for $765K. The average home sits on the market at roughly $531K, which gives us a very reliable benchmark to work from.

When we look at what's actually available, Otonabee Ward 1, Peterborough is heavily driven by its condo market. Condos here aren't just an alternative to houses—they're really the go-to for a lot of my clients. Many condo properties offer shared building features and maintenance services, depending on the development. It's a very 'lock-and-leave' lifestyle, perfect if you don't want to deal with property maintenance like shoveling snow or mowing lawns.

At the end of the day, committing to a property in Otonabee Ward 1, Peterborough is a practical decision. The historical demand and current market activity continue to make it an area of interest for buyers. By keeping an eye on the MLS® data and understanding the pricing trends, we can make sure you make an informed choice that fits your budget.