Seller's Market
The City of Guelph is seeing balance creep into the real estate market, as days on market increase slightly. However, there is still plenty of demand as average and median sales prices have continued to rise.
March Numbers
Year-over-year comparison (March 2022 vs. March 2021)
Median Sale Price | $925,000 |
|---|---|
Sales Volume | $265,346,736 |
Unit Sales | 296 |
New Listings | 434 |
Expired Listings | 16 |
Unit Sales/Listings Ratio | 68.2% |
March Year-over-year Sales Volume of $265,346,736
- Down 8.51% from 2021's $290,043,949, with unit sales of 296 down 19.78% from last March’s 369.
- New listings of 434 are down 1.59% from a year ago, with the sales/listing ratio of 68.2% down 15.47%.
Year-to-date Sales Volume of $675,209,006
- Up 16.15% from 2021's $581,344,928, with unit sales of 721 down 6.36% from 2021’s 770.
- New listings of 996 are up 3.21% from a year ago, with the sales/listing ratio of 72.39% down 7.4%.
Year-to-date Average Sale Price of $968,885
- Up from $744,210 one year ago, with a median sale price of $925,000 up from $701,000 one year ago. Average days-on-market of 12.33 is up 1.66 days from last year.
