Balanced Market
The City of Guelph's real estate market remained balanced in March, with steady pricing and increased inventory. The median sale price held firm at $750,000, while the average sale price dipped by 1.39% to $774,256. Sales volume declined by 21.58%, reflecting a 20.48% drop in unit sales to 132 transactions. Meanwhile, new listings increased by 4.84%, and expired listings rose by 23.53%, adding to available inventory. With the unit sales-to-listings ratio at 43.56%, the market continues to present opportunities for both buyers and sellers as conditions remain balanced.
March NumbersYear-over-year comparison (March 2025 vs. March 2024) |
|---|
Median Sale Price $750,000 |
Average Sale Price $774,256 |
Sales Volume 102,201,727 |
Unit Sales 132 |
New Listings 303 |
Expired Listings 21 |
Unit Sales/Listings Ratio 43.56% |
March Year-over-Year Sales Volume of $102,201,727
Down 21.58% from 2024's $130,331,851, with unit sales of 132, down 20.48% from last March's 166.
New listings of 303 are up 4.84% from a year ago, with the sales/listing ratio of 43.56% down 13.88%.
Year-to-Date Sales Volume of $268,010,104
Down 15.55% from 2024's $317,365,243, with unit sales of 346 down from 403 in 2024.
New listings of 827 are up 19.51% from a year ago, with the sales/listing ratio of 41.84% down 16.40%.
Year-to-Date Average Sale Price of $774,357
Down from $785,703 one year ago, with a median sale price of $777,777 up from $750,000 one year ago.
Average days-on-market of 29 is up 2 days from last year.
