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 a 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.
