In a stainless steel pot combine peaches and the water. Bring to boiling, reduce heat. Simmer, covered for 10 to 15 minutes or until peaches are tender. Remove from heat. Cool slightly.
Using a blender or immersion blender to puree peach mixture till smooth. Return peach puree to heat and add sugar and honey.
Bring to boiling, stirring until sugar dissolves, reduce heat. Simmer, uncovered for about 10 minutes or until mixture is thick and mounds on a spoon stirring often.
Ladle hot butter into hot, sterlized half pint canning jars, leaving 1/4" headspace. Wipe rims, and add hot lids and rings.
Process in water bath canner for 5 minutes (we did 10 minutes). You will start timing once the water comes to a full boil.
Makes 4 half pints.
You can double this recipe!