If you've been watching the "For Sale" signs in Lansdowne, here's what's actually happening. The market isn't crashing and it isn't on fire. It's doing something more interesting - it's splitting in two directions depending on what you own.
Houses and condos are telling very different stories right now, and knowing which story is yours could be worth tens of thousands of dollars this summer.
For houses, the average HonestDoor Price sits at $668,033, up 1.09% from the previous period. That's a steady, quiet climb. The predicted market value is $660,808, which is just slightly below the 3-month moving average of $668,676 - a signal that house prices are taking a small breather after a run-up. On the neighbourhood leaderboard, Lansdowne houses rank 20 out of 24 for growth in Peterborough. That's honest, and it matters if you're timing a sale.
Condos are a different story. The average HonestDoor Price is $637,355, down 0.85% from the previous period. Values have shifted -3.66% recently, and the predicted market value of $642,841 is also sitting below its 3-month moving average of $649,044. But here's the flip side - condos in Lansdowne rank 4 out of 22 neighbourhoods in Peterborough for growth. Top performers. That gap between short-term dip and longer-term rank tells us the condo market here has real staying power, even if it's wobbling a little right now.
For houses, Sir Sandford Fleming is the priciest neighbour at $848,392, and Major Bennett sits at $725,771. Lansdowne's $668,033 makes us the more accessible entry point in this pocket of Peterborough - which is actually a selling point, not a weakness. Buyers priced out of Sir Sandford Fleming look here next.
For condos, the picture flips completely. Lansdowne condos at $637,355 are the most expensive in the comparison group. Major Bennett condos average $364,448. Greenhill sits at $447,723. Sir Sandford Fleming comes in at $568,899. We're the premium condo address in this cluster. That's worth knowing if you own one.
Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what happened to prices last quarter, last month, or last week. The HonestDoor Price is updated in real time, pulling from actual market activity. Right now, that gap between what the city thinks your home is worth and what a buyer would actually pay can be significant.
For Lansdowne house owners, the HonestDoor Price of $668,033 is your real-world check. If your tax assessment is sitting below that number - and for many of us it is - you're potentially underpricing yourself in any negotiation, refinancing conversation, or estate planning discussion. Check your HonestDoor Price before you do anything else.
If you own a house in Lansdowne and you're thinking about listing this summer, the honest answer is: move with intention. The 1.09% price increase is encouraging, but the growth rank of 20 out of 24 tells us this isn't a neighbourhood where you can afford to overprice and wait. Buyers have options. Price it right from day one, lean into that 5.33% rental yield story for investors, and you have a compelling listing.
If you own a condo, the short-term dip of -3.66% might feel nerve-wracking. But a growth rank of 4 out of 22 in Peterborough means the fundamentals are working in your favour. A summer sale at the right price - backed by your HonestDoor Price, not a stale assessment - puts you in a strong position before the fall market shifts the conversation.
Bottom line: Lansdowne is not a neighbourhood to sleep on. Know your number. Use the HonestDoor Price. Then decide.
lansdowne | peterborough | september 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.