Mike Heffernan, President of the Peterborough and the Kawarthas Association of REALTORS® Inc. says, “PKAR’s total sales of 145 for the month of December were very similar to the sales we saw in December of 2014. Residential sales were 94, on par with previous year’s December sales as well, and Cottage/Recreational sales were a whopping 21; the highest December Cottage/Recreational sales of all time! This could be attributed to the warm weather we’ve been having this winter. The lack of snow made it possible to travel to cottages during the time of year when the snow usually makes it impossible to get to these areas.
Farm Sales were also unusually high for the month, with 27 sales. Not only has this been the best December Farm Sales, it has interestingly also been the best Farm Sales of all time! In terms of year-end sales, 2015 has shown an increase in numbers in all areas, and total sales have increased by 17.63% over 2014.
Contributing factors to these numbers are the scheduled extension of Highway 407, which will make commuting to the city much easier, as well as the log jam of traffic on the 400 series highways heading to the Muskokas.
The Peterborough area sales are enjoying the momentum of the Kawarthas being the new Muskokas and with the professional sales people we have PKAR’s Association, your local REALTORS® are ready for the ever growing popularity of Peterborough and the Kawarthas!”