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Guelph Real Estate October 2019 Market Update

Guelph Real Estate October 2019 Market Update

Guelph Market Data

Here is the Guelph Real Estate Market Update for October 2019! Learn about how each neighbourhood has changed since 2018. Below you will find information about average days on market, average sale price, and the average number of units sold. If you have any questions or would like to learn more about September's real estate market update, please feel free to reach out.

Andra Arnold & Associates are a Top Rated, Award-Winning Guelph real estate team that has a passion for helping people. We truly live by our motto, "Here to Help". Our team brings quality expertise to our clients' buying and selling experiences. The team's dedication, eagerness to help, and experience allow clients to navigate one of life's biggest decisions!

Overall Market Data

Average Days on Market in 2018: 28

Average Days on Market in 2019: 26

The average amount of days for homes to be on the Guelph real estate market has decreased by 2 days.

Average Sale Price in 2018: $495,216

Average Sale Price in 2019: $552,253

From 2018 to 2019, the average sale price of Guelph homes has increased by 11.5%.

Units Sold in 2018: 166

Units Sold in 2019: 194

There has been a 16.8% increase in homes sold in the Guelph real estate market over the month of October.

Neighbourhood Data

North Guelph

Riverside Park & Victoria North

Average Days on Market

Average Days on Market in 2018: 39

Average Days on Market in 2019: 29

In the North End, homes have been on the Guelph real estate market for 10 days less on average.

Average Sale Price

Average Sale Price in 2018: $440,987

Average Sale Price in 2019: $476,291

There has been an increase in the average sale price of homes in the North End of Guelph by 8%

Units Sold

Units Sold in 2018: 15

Units Sold in 2019: 22

There have been 47% more units sold between October 2018 and October 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: 27

Average Days on Market in 2019: 28

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

Average Sale Price

Average Sale Price in 2018: $497,286

Average Sale Price in 2019: $623,885

There has been an increase in the average sale price of homes in the South End of Guelph by 25.5%.

Units Sold

Units Sold in 2018: 63

Units Sold in 2019: 67

There have been 6% 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: 29

Average Days on Market in 2019: 20

For the East End of Guelph, homes have been on the Guelph real estate market for 9 days less on average.

Average Sale Price

Average Sale Price in 2018: $491,776

Average Sale Price in 2019: $568,245

There has been an increase in the average sale price of homes in the East End of Guelph by 15.6%.

Units Sold

Units Sold in 2018: 26

Units Sold in 2019: 38

There has been 46% more 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: 22

Average Days on Market in 2019: 30

For the West End of Guelph, homes have been on the Guelph real estate market for 8 days more on average.

Average Sale Price

Average Sale Price in 2018: $437,062

Average Sale Price in 2019: $469,069

There has been an increase in the average sale price of homes in the West End of Guelph by 7.3%

Units Sold

Units Sold in 2018: 26

Units Sold in 2019: 26

There has been no change in units sold in the West End from October 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: 29

Average Days on Market in 2019: 22

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

Average Sale Price

Average Sale Price in 2018: $559,063

Average Sale Price in 2019: $508,654

There has been an increase in the average sale price of homes in the Downtown Guelph by +9%.

Units Sold

Units Sold in 2018: 35

Units Sold in 2019: 39

There have been 11% more units sold in Downtown Guelph from 2018 to 2019.

Puslinch

Average Days on Market

Average Days on Market in 2018: 65

Average Days on Market in 2019: 85

Puslinch homes have been on the market for 20 days more on average.

Average Sale Price

Average Sale Price in 2018: $945,000

Average Sale Price in 2019: $908,250

There has been a decrease in the average sale price of homes in Puslinch by -4%.

Units Sold

Units Sold in 2018: 7

Units Sold in 2019: 8

There have been +14% more units sold in Puslinch from 2018 to 2019.

To view current Guelph listings, click here!

If you have any questions about the Guelph Real Estate Market, feel free to contact Guelph Realtor Andra Arnold.

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Whether you have a question about a listing, want to discuss your home's value, or simply aren't sure where to begin — we're here. Reach out and a member of our team will get back to you promptly.

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