Sunset, Peterborough - September 2026 Real Estate Report

Sunset, Peterborough: What Your Home Is Actually Worth Right Now

The Vibe in Sunset This Season

If you live on a quiet street in Sunset and you have been wondering whether your home is holding its value - here is the honest answer. It depends on what you own. Houses and condos are telling two very different stories right now, and knowing which story is yours could change what you do next.

Houses: Steady, But Taking a Breather

The average HonestDoor Price for a house in Sunset sits at $561,013. That is down a hair - just 0.23% from the previous period - so nothing to panic about. Think of it as the market catching its breath after a long run.

The predicted value for houses comes in at $562,279, which is actually sitting just above the 3-month moving average of $568,323. That slight dip in the trend is worth watching, but we are not in freefall territory here.

• Average HonestDoor Price: $561,013
• Predicted Market Value: $562,279
• 3-Month Moving Average: $568,323
• Estimated Monthly Rent: $2,770
• Rental Yield: 5.52% - that is a strong return for landlords
• Airbnb Estimate: $138 per night
• Neighbourhood Growth Rank: 21 out of 24 in Peterborough

That growth rank is the number to sit with. On the neighbourhood leaderboard for houses, Sunset is sitting near the bottom - 21st out of 24 comparable neighbourhoods. That does not mean your house lost value overnight. It means other parts of Peterborough are climbing faster right now. For us as homeowners here, it is a signal to pay attention, not a reason to stress.

On the rental side, a 5.52% yield is genuinely solid. If you are holding a house in Sunset as an investment, the income story is still working in your favour.

Condos: The Surprise Performer

Here is where it gets interesting. Condos in Sunset are doing something completely different. The average HonestDoor Price jumped to $621,042 - up a massive 38.95% from the previous period. That is a number that makes you do a double-take.

The predicted value lands at $446,951, with a 3-month moving average of $448,003. The recent change of -3.61% shows some short-term softness, but the bigger picture here is that condo growth in Sunset ranks 3rd out of 22 comparable neighbourhoods in Peterborough. That is a top-tier spot on the leaderboard.

• Average HonestDoor Price: $621,042
• Predicted Market Value: $446,951
• 3-Month Moving Average: $448,003
• Estimated Monthly Rent: $2,278 (or $2,653 average estimate)
• Rental Yield: 3.94% - moderate but respectable
• Airbnb Estimate: $132 per night
• Neighbourhood Growth Rank: 3 out of 22 in Peterborough

Compared to nearby North Central, where condo prices average $1,375,551, Sunset condos look like relative value. Ashburnham ($495,346) and Highland ($578,179) are both cheaper, but neither is cracking the top 5 on the growth leaderboard the way Sunset condos are right now.

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

Here is something most homeowners in Sunset do not think about until it is too late. Your city tax assessment is a snapshot from the past. It does not update in real time. It does not know what sold on your street last month. It does not factor in current buyer demand or what renters are willing to pay right now.

The HonestDoor Price is a live, real-world check on what your property is actually worth today - not what a government office decided it was worth a year or two ago. For a house in Sunset, that number is $561,013. For a condo, it is $621,042. Those are the numbers a buyer is going to be thinking about when they walk through your door.

If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - your HonestDoor Price is the number to start with, not the assessment on your tax bill.

So What Does This Mean If You Are Thinking About Selling This Summer?

Straight talk: if you own a house in Sunset, the market is not running hot right now. Sitting at 21st out of 24 on the growth leaderboard means you are not in the driver's seat the way sellers were a couple of years ago. That does not mean you cannot sell well - it means you need to price smart and present well. A house priced at or just under $562,000 with a clean listing will still attract buyers who want Peterborough without paying North Central prices.

If you own a condo, the story is more encouraging. A top-3 growth rank in the city is real leverage. Buyers looking at condos in Peterborough are comparing neighbourhoods, and Sunset is showing up near the top of that list. If you have been sitting on the fence, this summer is a reasonable window to test the market.

Either way, pull your HonestDoor Price before you call an agent. Walk into that conversation knowing your number - not the number on last year's assessment notice.

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.