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Guelph Real Estate Market Update August 2019

Guelph Real Estate Market Update August 2019

Overall Market Data

Average Days on Market in 2018: 27

Average Days on Market in 2019: 28

The average amount of days for homes to be on the Guelph real estate market has increased by 1 day.

Average Sale Price in 2018: $503,611

Average Sale Price in 2019: $541,045

From 2018 to 2019, the average sale price of Guelph homes has increased by 7%.

Units Sold in 2018: 187

Units Sold in 2019: 210

There has been a 12% increase in homes sold in the Guelph real estate market over the month of August.

Neighbourhood Data

North Guelph

Riverside Park & Victoria North

Average Days on Market

Average Days on Market in 2018: 27

Average Days on Market in 2019: 22

In the North End, homes have been on the Guelph real estate market for 5 days less on average.

Average Sale Price

Average Sale Price in 2018: $467,305

Average Sale Price in 2019: $524,761

There has been an increase in the average sale price of homes in the North End of Guelph by 12%.

Units Sold

Units Sold in 2018: 19

Units Sold in 2019: 23

There have been 21% more units sold between August 2018 and August 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: 32

Average Days on Market in 2019: 32

For the South End of Guelph, homes have been on the Guelph real estate market have had no change on average.

Average Sale Price

Average Sale Price in 2018: $566,843

Average Sale Price in 2019: $559,715

There has been a decrease in the average sale price of homes in the South End of Guelph by -1%

Units Sold

Units Sold in 2018: 65

Units Sold in 2019: 83

There have been 28% more 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: 28

For the East End of Guelph, homes have been on the Guelph real estate market for 2 days more on average.

Average Sale Price

Average Sale Price in 2018: $516,261

Average Sale Price in 2019: $534,700

There has been an increase in the average sale price of homes in the East End of Guelph by 3%.

Units Sold

Units Sold in 2018: 33

Units Sold in 2019: 46

There has been a 39% increase 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: 23

Average Days on Market in 2019: 17

For the West End of Guelph, homes have been on the Guelph real estate market for 6 days less on average.

Average Sale Price

Average Sale Price in 2018: $404,688

Average Sale Price in 2019: $502,239

There has been an increase in the average sale price of homes in the West End of Guelph by 24%

Units Sold

Units Sold in 2018: 33

Units Sold in 2019: 28

There have been -15% fewer units sold in the West End from August 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: 26

Average Days on Market in 2019: 32

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

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