The Northumberland County housing market closed out 2025 with fewer sales but steady pricing, according to December figures released by the Central Lakes Association of Realtors.
The region recorded 70 home sales in December, down from 82 in November, reflecting a typical seasonal slowdown as winter conditions set in. Despite the decline in activity, the average selling price edged slightly higher to $671,750, remaining virtually unchanged from the previous month and pointing to consistent market conditions.
New listings in Northumberland totalled 87, down significantly from November, while homes spent an average of 54 days on the market. That figure remains largely in line with December 2024, suggesting selling timelines have stabilized despite shifting buyer behaviour.
Elsewhere in the region, Prince Edward County recorded 22 sales in December, up from 16 the month before. However, the average selling price declined to $615,276 as year-end conditions influenced pricing. New listings also eased, though active inventory continued to provide buyers with choice.
Peterborough saw 87 home sales in December, down sharply from November’s total. The average selling price declined modestly to $617,177, while new listings helped maintain balanced market conditions.
CLAR President Christine Riley says the December numbers reflect expected seasonal patterns combined with broader economic pressures. She notes that while many households remain cautious due to cost of living concerns and interest rate uncertainty, inventory levels across the region continue to support buyer choice.
Looking ahead to 2026, CLAR says stable pricing and balanced conditions could help set the tone for the early months of the year as buyers and sellers reassess their plans.
(Written by: Joseph Goden)
