Perth real estate market report

Real Estate Stats & Sold House Prices in Perth

Statistics for the last 90 Days ending April 16, 2024 in Perth

There were 25 homes sold in Perth in the last 3 months, with an average price of $571,772, that's an increase of 22.3% over this same period last year, and includes all house types.

Related PageHomes for Sale in Perth

Statistics for 2023 in Perth

There were 77 homes sold in Perth in 2023, with an average price of $504,446, that's a decrease of 6.4% over the previous year, this includes all house types.

Perth Historical Home Prices, with Percentage change over Previous Year.

Year # Sales Average Price % Change
2000 84 $111,081  
2001 78 $122,904 9.9%
2002 71 $147,366 20.7%
2003 103 $151,837 3%
2004 111 $168,602 11%
2005 101 $183,320 8.7%
2006 118 $197,454 7.7%
2007 129 $209,929 6.3%
2008 131 $214,965 2.4%
2009 148 $215,411 0.2%
2010 129 $229,413 6.5%
2011 137 $221,469 -3.5%
2012 148 $231,288 4.4%
2013 159 $242,573 4.9%
2014 153 $240,834 -0.7%
2015 153 $238,850 -0.8%
2016 181 $272,402 14%
2017 125 $288,299 5.8%
2018 110 $283,990 -1.5%
2019 104 $322,105 13.4%
2020 116 $367,186 14%
2021 128 $482,946 31.5%
2022 87 $538,988 11.6%
2023 77 $504,446 -6.4%

Keep an eye on the real estate activity in Perth, set up a Market Report and as new listings come up, you'll see them right away and see the average price for all homes that are listed.

About Perth

Located in Eastern Ontario on the Tay River about 80 km southwest of Ottawa, Perth is the County Seat of Lanark County and was named after the Scottish town and river. Perth was established as a military settlement in 1816, after the War of 1812 and as such, many of the settlers were European military veterans as well as waves of Scottish and Irish immigrants. The Scottish stonemasonry is evident in the area's buildings and in the Rideau Canal locks. It's a feast for the eyes and makes the locals very proud of their heritage. 

At Census 2021, the population was 6,469, 9% higher than 2016. The median household income in 2016 was $52,429.

Perth was originally the military, judicial, political and social capital of the Ottawa Valley north and west until the construction of the Rideau Canal and lumber industry which meant it was eclipsed by Bytown, now the City of Ottawa.

For those horse lovers, the Town erected a bronze real-life statue of the local world show-jumping champion Ian Millar and his horse Big Ben in Stewart Park across from Code's Mill building.

Perth is the site of the first installation of a telephone outside of Bell's experimental installations. By 1887, there were 19 telephones in Perth with a switchboard in Dentist, Dr. Kennedy's office - a friend of Alexander Graham Bell.

Born out of a wish to help Perth, Scotland celebrate 800th Anniversary, the 8km Annual Kilt Run represents Scotland's 800-year existence. In 2016 the Kilt Run attracted 5,000 runners to help celebrate Perth's 200th Anniversary.

Must Eat / Must Experience

  • Perth Pie Company - family-run wholesale and retail bakery
  • Michael's Table - Mother-daughter run restaurant, opened in 2010
  • Fiddleheads - fine dining in an historic stone building
  • The Perth Cheese Shop - retail shop with special tasting and pairing events
  • Top Shelf Distillers - famous for their Reunion Moonshine and many top shelf products
  • Perth Chocolate Works - family owned and run artisan chocolatier and retail shop
  • Artizen Kombucha - fermented brews to be drunk on their own or mixed in a cocktail
  • Gore Street Antique Market 
  • Pether Museum - 1840 built Matheson House is the award winning site of this museum and National Historic Site
  • Stewart Park - along the Tay River, featuring gardens, bridges, walking paths, and treed picnic areas.
  • Crystal Palace - home to Perth Farmers' and Craft Markets on summer Saturdays and becomes filled with Christmas trees, decorated by students and community groups in November and December; and houses live music events and children's activities during Festival of Maples in April.

Annual Monthly Events

  • Perth Polar Bear Plunge (January 1) - known to be the safest in Canada
  • Fire & Ice (February)
  • Festival of the Maples (April)
  • Perth Farmers' Market (May - October)
  • Perth Night Market (May)
  • Perth Kilt Run (June)
  • Canada Day in Perth (July 1)
  • Stewart Park Music Festival (July)
  • Garlic Festival (August)
  • Perth Fair (September)
  • Perth Night Market (October)
  • Festival of Good Cheer (November)
  • Festival of Lights (December)
Schools
  • The Queen Elizabeth Elementary School
  • The Stewart Elementary School
  • Perth & District Collegiate Institute
  • St. John Catholic Elementary School
  • St. John Catholic High School
  • Algonquin College, Perth Campus
  • Perth Children's House Montessori School
Recreation
With a river running through it and dozens of lakes in a rural landscape, there is no shortage of outdoor activities to choose from.
Perth Major Outfitters - stand-up paddle boards, canoes and kayaks for rent, as well as mini-golf and peddle boats.
Outdoor Adventure Rentals and Perth Boat Rentals - for motorized sports equipment and rentals
Golf
  • Perth Golf Course "Links O'Tay" - the oldest continuously operating course in Canada
  • Perth is within 35 km of 12 golf courses for those wanting a variety of landscapes
Perth residents enjoy loads of sports and provide residents with ways to become involved:
  • Blue Wings, Eastern Ontario "B" Hockey Team
  • Perth Stingrays Acquatic Club
  • Perth United Soccer Club
  • Both high schools offer a variety of other sports like basketball, football, volleyball, hockey, cross-country running, badminton, soccer, curling, golf and track & field.