The logo for andra arnold & associates shows a pair of glasses

December 2024 Guelph Housing Market Update

Andra Arnold • January 14, 2025

December 2024
Guelph Real Estate Market Report

Seller's Market

The City of Guelph’s real estate market remained active in

December, showing strong growth across multiple metrics. The

median sale price rose by 3.29% to $754,000, while the average

sale price increased by 2.81% to $766,598. Sales volume saw a

significant surge of 69.73%, driven by a 65.08% jump in unit sales to

104. New listings were up by 39.13%, and expired listings increased

slightly by 7.84%. With the unit sales-to-listings ratio rising to 108.33%, the Guelph market continues to favour sellers.

A living room with a fireplace , coffee table , and mirror.

DECEMBER NUMBERS


Median Sale Price $754,000

+3.29%


Average Sale Price $766,598

+2.81%


Sales Volume $79,726,200

+69.73%


Unit Sales 104

+65.08%


New Listings 96

+39.13%


Expired Listings 55

+7.84%


Unit Sales/Listings Ratio 108.33%

+17.03%


Year-over-year comparison

(December 2024 vs. December 2023)


An arrow pointing up in a circle on a white background.

December year-over-year sales volume of $79,726,200


Up 69.73% from 2023’s $46,973,399 with

unit sales of 104 up 65.08% from last December’s 63.

New listings of 96 are up 39.13% from a year ago,

with the sales/listing ratio of 108.33% up 17.03%.

An arrow pointing up in a circle on a white background.

Year-to-date sales volume of $1,372,222,386


Up 4.82% from 2023’s $1,309,086,062 with

unit sales of 1,726 up from 1,626 in 2023.

New listings of 3,189 are up 17.2% from a year ago,

with the sales/listing ratio of 54.12% down 5.63%.

An arrow pointing down in a circle on a white background.

Year-to-date average sale price of $792,382


Down from $794,615 one year ago with median sale price

of $762,750 up from $762,500 one year ago.

Average days-on-market of 27.4 is up 5.9 days from

last year.

A city of guelph real estate market update for july 2024
A real estate market update for centre wellington for july 2024

Contact Us

Meet the Andra Arnold Team

A group of people are posing for a picture in a park.

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 navigate one of life’s biggest decisions!

Check Out Our Featured Listings

A view of a city from the roof of a building.

More blog posts on buying and selling real estate



By Andra Arnold February 12, 2025
January 2025 Guelph Real Estate Market Report
By Andra Arnold November 29, 2024
Learn how Guelph promotes eco-friendly living through waste reduction, biodiversity, and sustainable transport. Join a community committed to a greener future!
By Andra Arnold November 22, 2024
Explore Guelph’s vibrant art scene! Visit top galleries, unique museums, and exciting cultural events like the Fair November Craft Show. Discover the city's creative spirit.
By Andra Arnold November 15, 2024
Looking for the perfect remote work spot in Guelph? Check out cafes with reliable Wi-Fi, tasty treats, and comfy seating, like Red Brick Cafe and Planet Bean Coffee.
By Andra Arnold November 15, 2024
5th Annual Guelph Transit Art Contest Exciting Opportunity for Local Artists & Photographers
A view of a city from a park with trees and bushes
By Andra Arnold November 14, 2024
Discover why Downtown Guelph’s walkability score makes it ideal for urban living. Enjoy nearby parks, dining, and culture while reducing your carbon footprint.
More Posts
Share by: