Sunset, Peterborough - August 2026 Real Estate Report

Sunset, Peterborough: Your Neighbour Just Asked What Their House Is Worth - Here's the Real Answer

The Vibe Right Now

If you live in Sunset and you've been half-watching the market, here's the honest read: it depends a lot on what you own. Houses and condos are telling two very different stories right now, and knowing which one applies to you could change how you think about this summer.

Houses in Sunset - Holding Steady, But Watch the Trend

The average HonestDoor Price for a house in Sunset sits at $562,279. That sounds solid, and it is - but the 3-month moving average is $569,547, which means values have dipped about 3.15% recently. The market is taking a breather. Not crashing, not panicking, just cooling off a touch.

On the neighbourhood leaderboard, Sunset houses rank 11 out of 25 in Peterborough for growth. That puts us in above-average territory - right in the middle of the pack but leaning toward the stronger half. Not the flashiest number, but nothing to lose sleep over either.

The rental story is genuinely good. At $2,769 per month in estimated rent and a 5.52% rental yield, Sunset houses are pulling strong returns for anyone thinking about the income angle. That yield is real money.

• Average HonestDoor Price (House): $562,279
• 3-Month Moving Average: $569,547
• Recent Value Change: -3.15%
• Estimated Monthly Rent: $2,769
• Rental Yield: 5.52%
• Airbnb Estimate: $138 per night
• Growth Rank: 11 out of 25 in Peterborough

Condos in Sunset - The Comeback Story

Condos are doing something interesting. The average HonestDoor Price is $446,951, which is down 3.61% from the previous period - but the predicted market value of $463,678 is actually climbing above the 3-month moving average of $429,662. In plain terms: we dipped, and now we're bouncing back. A 6.99% recent change in the right direction is worth paying attention to.

On the leaderboard, Sunset condos rank 10 out of 22 in Peterborough. Again, above average. Not the top of the city, but we're not chasing the pack either.

The rental yield on condos comes in at 3.91% - moderate, not spectacular. But at $2,350 per month in estimated rent, it still pencils out for the right buyer.

• Average HonestDoor Price (Condo): $446,951
• Predicted Market Value: $463,678
• 3-Month Moving Average: $429,662
• Recent Value Change: +6.99%
• Estimated Monthly Rent: $2,350
• Rental Yield: 3.91%
• Airbnb Estimate: $113 per night
• Growth Rank: 10 out of 22 in Peterborough

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's the thing most Sunset homeowners don't realize: your city assessment is a snapshot from the past. It gets updated on a schedule that has nothing to do with what buyers are actually paying on your street right now. The HonestDoor Price is a live, real-world check - it pulls in current market signals, not numbers that were locked in months or years ago.

With house values shifting 3.15% recently and condo values moving 6.99% in the other direction, the gap between your assessment and your actual market value could be significant. That gap matters when you're deciding whether to sell, refinance, or just figure out where you stand. Don't let a stale government number be the last word on what your home is worth.

The So What - Thinking About Selling This Summer?

If you own a house in Sunset, the honest advice is this: the market has softened a bit from its recent peak. You're not in a bad position - above-average growth rank, strong rental demand, and a price point that still looks attractive compared to North Central next door. But waiting for values to climb back to that $569,000 moving average before listing isn't a guaranteed play. Serious buyers are active right now, and a well-priced house in Sunset will move.

If you own a condo, the momentum is actually in your favour heading into summer. Values are trending up from a recent low, and ranking 10 out of 22 in the city puts Sunset condos in a competitive spot. If you've been sitting on the fence, this is a better window than it was three months ago.

Either way, the first step is knowing your real number - not the assessment, not a guess. Pull your HonestDoor Price, compare it to what's selling nearby, and make a decision based on what the market is actually doing today.

This 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.