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Guelph Real Estate Market Update November 2018

Guelph Real Estate Market Update November 2018

Overall Market Data

  • Average Days on Market in 2017: 28

  • Average Days on Market in 2018: 29

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

  • Average Sale Price in 2017: $488,227

  • Average Sale Price in 2018: $503,378

From 2017 to 2018, the average sale price of Guelph homes has increased by 3%.

  • Units Sold in 2017: 154

  • Units Sold in 2018: 154

There has been no change in homes sold on the Guelph real estate market over the month of November.

Neighbourhood Data

North Guelph

Average Days on Market

  • Average Days on Market in 2017: 35

  • Average Days on Market in 2018: 26

In the North End, homes have been on the Guelph real estate market for 9 days less on average.

Average Sale Price

  • Average Sale Price in 2017: $453,136

  • Average Sale Price in 2018: $485,908

There has been an increase in the average sale price of homes in the North End of Guelph by 7%

Units Sold

  • Units Sold in 2017: 14

  • Units Sold in 2018: 19

There have been 35% more units sold within the North End of Guelph from November 2017 to November 2018.

North East Average Sale Price per Home Type

  • Detached: $520,035

  • Semi-Detached: $420,000

  • Townhouse: $410,360

  • Apartment Unit: N/A

South Guelph

Average Days on Market

  • Average Days on Market in 2017: 31

  • Average Days on Market in 2018: 30

For the South End of Guelph, homes have been on the Guelph real estate market for 1 day less on average.

Average Sale Price

  • Average Sale Price in 2017: $552,824

  • Average Sale Price in 2018: $514,361

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 2017: 54

  • Units Sold in 2018: 62

There have been 46% more units sold within the South End from November 2017 to 2018.

South End: Average Sale Price per Home Type

  • Detached: $678,688

  • Semi-Detached: $478,950

  • Townhouse: $454,370

  • Apartment Unit: $325,193

East Guelph

Average Days on Market

  • Average Days on Market in 2017: 27

  • Average Days on Market in 2018: 25

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

Average Sale Price

  • Average Sale Price in 2017: $425,235

  • Average Sale Price in 2018: $485,029

There has been an increase in the average sale price of homes in the East End of Guelph by 14%.

Units Sold

  • Units Sold in 2017: 20

  • Units Sold in 2018: 20

There has been no change in units sold in the East End of Guelph from 2017 to 2018.

East End: Average Sale Price per Home Type

  • Detached: $564,262

  • Semi-Detached: $428,926

  • Townhouse: $433,300

  • Apartment Unit: N/A

West Guelph

Average Days on Market

  • Average Days on Market in 2017: 28

  • Average Days on Market in 2018: 31

For the West End of Guelph, homes have been on the Guelph real estate market for 3 days more on average.

Average Sale Price

  • Average Sale Price in 2017: $421,629

  • Average Sale Price in 2018: $443,159

There has been an increase in the average sale price of homes in the West End of Guelph by 5%.

Units Sold

  • Units Sold in 2017: 31

  • Units Sold in 2018: 23

There have been -26% fewer units sold in the West End from November 2017 to 2018.

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