Balanced Market
The City of Guelph's real estate market remained active in February, maintaining balanced conditions. The median sale price dipped slightly by 0.29% to $777,777, while the average sale price declined by 2.69% to $778,662. Sales volume dropped by 21.48%, reflecting a 19.31% decrease in unit sales to 117 transactions. Meanwhile, new listings increased by 20.72%, and expired listings rose by 45.16%, contributing to higher inventory. With the unit sales-to-listings ratio at 43.66%, the market remains balanced, offering opportunities for both buyers and sellers.
February Numbers
- Median Sale Price: $777,777
-0.29% - Average Sale Price: $778,662
-2.69% - Sales Volume: $91,103,492
-21.48% - Unit Sales: 117
-19.31% - New Listings: 268
+20.72% - Expired Listings: 22
+83.33% - Unit Sales/Listings Ratio 43.66% -21.66%
Year-over-year comparison (February 2025 vs. February 2024)
February Year-over-year Sales Volume of $91,103,492
- Down 21.48% from 2024's $116,031,330, with unit sales of 117 down 19.31% from last February's 145.
- New listings of 268 are up 20.72% from a year ago, with the sales/listing ratio of 43.66% down 21.66%.
Year-to-date Sales Volume of $165,808,377
- Down 11.35% from 2024's $187,033,392, with unit sales of 214 down from 237 in 2024.
- New listings of 524 are up 30.02% from a year ago, with the sales/listing ratio of 40.84% down 17.97%.
Year-to-date Average Sale Price of $774,408
- Down from $785,989 one year ago, with the median sale price of $778,889 up from $761,000 one year ago.
- Average days-on-market of 30 is down a day from last year.
