Buyer's Market
The City of Guelph's real estate market leaned further into buyer-friendly territory in May. The median sale price rose 1.72% to $798,500, while the average sale price dipped 1.27% to $823,518.
Sales volume declined 6.66%, with unit sales down 5.46% to 173. Meanwhile, new listings surged by 17.59% and expired listings jumped 425%, increasing choice for buyers. With a unit sales-to-listings ratio of 38.62%, Guelph continues to present more opportunities for buyers in an increasingly competitive market.
May NumbersYear-over-Year comparison (May 2025 vs. May 2024) |
|---|
Median Sale Price $798,500 |
Average Sale Price $823,518 |
Sales Volume $142,468,543 |
Unit Sales 173 |
New Listings 448 |
Expired Listings 42 |
Unit Sales/Listings Ratio 38.62% |
May Year-over-Year Sales Volume of $142,468,543
Down 6.66% from 2024's $152,639,311, with unit sales of 173 down 5.46% from last May's 183. New listings of 448 are up 17.59% from a year ago, with the sales/listing ratio of 38.62% down -9.42%.
Year-to-Date Sales Volume of $529,273,281
Down 12.51% from 2024's $604,939,891, with unit sales of 669 down from 754 in 2024. New listings of 1,637 are up 18.11% from a year ago, with the sales/listing ratio of 40.87% down -13.53%.
Year-to-Date Average Sale Price of $787,711
Down from $798,878 one year ago, with a median sale price of $780,000 up from $773,500 one year ago. Average days-on-market of 28 is up 4 days from last year.
