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Guelph Real Estate Market Update September 2018

Guelph Real Estate Market Update September 2018

Overall Market Data

Average Days on Market in 2017: 26

Average Days on Market in 2018: 25

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

Average Sale Price in 2017: $465,351

Average Sale Price in 2018: $518,556

From 2017 to 2018, the average sale price of Guelph homes has increased by 11%.

Units Sold in 2017: 144

Units Sold in 2018: 163

13% more homes have been sold in the Guelph real estate market over the month of September!

Neighbourhood Data

North Guelph

Riverside Park & Victoria North

Average Days on Market

Average Days on Market in 2017: 16

Average Days on Market in 2018: 24

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

Average Sale Price

Average Sale Price in 2017: $453,388

Average Sale Price in 2018: $447,118

There has been an decrease in the average sale price of homes in the North End of Guelph by -1%.

Units Sold

Units Sold in 2017: 17

Units Sold in 2018: 17

As for units sold, there has been no change in the amount between September 2017 and September 2018.

North End: Average Sale Price per Home Type

Detached: $541,129

Semi-Detached: $416,500

Townhouse: $428,700

Apartment Unit: $338,800

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 2017: 26

Average Days on Market in 2018: 29

For the South 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: $505,572

Average Sale Price in 2018: $567,374

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

Units Sold

Units Sold in 2017: 57

Units Sold in 2018: 56

There have been 2 % fewer units sold in the South End from 2017 to 2018.

South End: Average Sale Price per Home Type

Detached: $732,381

Semi-Detached: $448,950.

Townhouse: $484,359

Apartment Unit: $330,250

East Guelph

Grange Road, York/Watson Industrial

Average Days on Market

Average Days on Market in 2017: 31

Average Days on Market in 2018: 26

For the East End of Guelph, homes have been on the Guelph real estate market for 5 days less on average.

Average Sale Price

Average Sale Price in 2017: $454,150

Average Sale Price in 2018: $515,626

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: 29

Units Sold in 2018: 29

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: $558,509

Semi-Detached: $503,250

Townhouse: $468,125

Apartment Unit: $259,000

West Guelph

Onward Willow, Willow West/Sugarbush

Average Days on Market

Average Days on Market in 2017: 24

Average Days on Market in 2018: 19

For the West End of Guelph, homes have been on the Guelph real estate market for 5 days less on average.

Average Sale Price

Average Sale Price in 2017: $377,621

Average Sale Price in 2018: $449,091

There has been an increase in the average sale price of homes in the West End of Guelph by 19%.

Units Sold

Units Sold in 2017: 19

Units Sold in 2018: 29

There have been 53% more units sold in the West End from June 2017 to 2018.

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