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Guelph Real Estate Market – January 2019

Guelph Real Estate Market – January 2019

Overall Market Data

Average Days on Market in 2018: 25

Average Days on Market in 2019: 29

The average amount of days for homes to be on the Guelph real estate market has increased by 4 days.

Average Sale Price in 2018: $477,013

Average Sale Price in 2019: $490,405

From 2018 to 2019, the average sale price of Guelph homes has increased by 3%.

Units Sold in 2018:122

Units Sold in 2019: 124

There has been a 1.5% increase in homes sold in the Guelph real estate market over the month of January.

Neighbourhood Data

North Guelph

Riverside Park & Victoria North

Average Days on Market

Average Days on Market in 2018: 30

Average Days on Market in 2019: 22

In the North End, homes have been on the Guelph real estate market for 8 days less on average.

Average Sale Price

Average Sale Price in 2018: $411,318

Average Sale Price in 2019: $473,720

There has been an increase in the average sale price of homes in the North End of Guelph by 15%.

Units Sold

Units Sold in 2018: 11

Units Sold in 2019: 10

There have been -9% fewer units sold between January 2018 and January 2019.

South Guelph

Dovercliffe Park/Old University, Kortright East, Kortright West, Kortright Hills, Clairfields/Hanlon Business, Pineridge/West Minsterwood

Average Days on Market

Average Days on Market in 2018: 23

Average Days on Market in 2019: 23

For the South End of Guelph, homes have been on the Guelph real estate market for the same amount of time on average.

Average Sale Price

Average Sale Price in 2018: $498,992

Average Sale Price in 2019: $463,349

There has been a decrease in the average sale price of homes in the South End of Guelph by -7%

Units Sold

Units Sold in 2018: 61

Units Sold in 2019: 47

There have been 23% fewer units sold in the South End from 2018 to 2019.

East Guelph

Grange Road, York/Watson Industrial

Average Days on Market

Average Days on Market in 2018: 23

Average Days on Market in 2019: 30

For the East End of Guelph, homes have been on the Guelph real estate market for 7 days more on average.

Average Sale Price

Average Sale Price in 2018: $456,787

Average Sale Price in 2019: $529,274

There has been an increase in the average sale price of homes in the East End of Guelph by 16%.

Units Sold

Units Sold in 2018: 24

Units Sold in 2019: 23

There has been a 4% decrease in units sold in the East End of Guelph from 2018 to 2019.

West Guelph

Onward Willow, Willow West/Sugarbush

Average Days on Market

Average Days on Market in 2018: 26

Average Days on Market in 2019: 43

For the West End of Guelph, homes have been on the Guelph real estate market for 17 days more on average.

Average Sale Price

Average Sale Price in 2018: $386,942

Average Sale Price in 2019: $520,061

There has been an increase in the average sale price of homes in the West End of Guelph by 34%

Units Sold

Units Sold in 2018: 12

Units Sold in 2019: 17

There have been 42% more units sold in the West End from January 2018 to 2019.

Downtown Guelph

Downtown, Exhibition Park, General Hospital, St. George's, St. Patrick's Ward

Average Days on Market

Average Days on Market in 2018: 28

Average Days on Market in 2019: 32

For Downtown Guelph, homes have been on the Guelph real estate market for 4 days more on average.

Average Sale Price

Average Sale Price in 2018: $544,746

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