Peterborough 2010 Commercial Real Estate Market Off to Great Start!
Just a quick note about sales volume and dollar volume of commercial sales reported on Peterborough and the Kawarthas Associaion of REALTORS® MLS®.
In 2009 during the period from January 1 to April 25, there were a total of 3 property sales recorded within the City of Peterborough, not including leases and business sales of course. In 2010, during the same period, there were 8 property sales through the MLS® for the City. This is an increase of over 166%!
Looking at the dollar volume of sales is even more striking. During this same time period in 2009, the total sales volume was just $684,000. In 2010 year to date, total sales volume was $4,105,000. This represents an increase of just over 500%!
And you thought the commercial real estate market in Peterborough was slow...
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