April 2022 Guelph Market Update

Andra Arnold • May 1, 2022

April 2022
Guelph Real Estate Market Report

Seller's Market

The City of Guelph is seeing more balance creep into the real estate market, as days on market increase slightly again. However, there is still plenty of demand as average and median sales prices have continued to rise.

APRIL NUMBERS

Median Sale Price $925,000

+31.03%

Sales Volume $209,131,387

-11.31%

Unit Sales 233

-22.85%

New Listings 472

+20.72%

Expired Listings 11

+10%

Unit Sales/Listings Ratio 49.36%

-27.87%

Year-over-year comparison

(April 2022 vs. April 2021)

April year-over-year sales volume of $209,131,387

Down 11.31% from 2021’s $235,806,575 with unit sales of 233 down 22.85% from last April’s 302. New listings of 472 are up 20.72% from a year ago, with the sales/listing ratio of 49.36% down 27.87%.

Year-to-date sales volume of $884,340,393

Up 8.22% from 2021’s $817,151,503 with unit sales of 954 down 11.01% from 2021’s 1,072. New listings of 1,468 are up 8.26% from a year ago, with the sales/listing ratio of 64.99% down 14.07%.

Year-to-date average sale price of $956,985

Up from $744,210 one year ago with median sale price of $925,000 up from $705,950 one year ago. Average days-on-market of 12.5 is up 1.75 days from last year.