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

October 2024 Guelph Housing Market Update

Andra Arnold • November 8, 2024

October 2024
Guelph Real Estate Market Report

Balanced Market

The City of Guelph’s real estate market switched back to a balanced market this past month, as the median sale price rose slightly, while the average sale price saw a modest increase of 2.29%. Sales volume jumped by 35.05%, with unit sales up 29.63%. New listings grew by 15.21%, and expired listings increased by 54.17%. The unit sales-to-listings ratio improved by 5.14%, showing heightened buyer interest in a competitive market.

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

October NUMBERS


Median Sale Price $770,000

+0.65%


Average Sale Price $800,600

+2.29%


Sales Volume $112,928,405

+35.05%


Unit Sales 140

+29.63%


New Listings 303

+15.21%


Expired Listings 37

+54.17%


Unit Sales/Listings Ratio 46.2%

+5.14%


Year-over-year comparison

(October 2024 vs. October 2023)


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

October year-over-year sales volume of $112,928,405



Up 35.05% from 2023’s $83,619,348 with

unit sales of 140 up 29.63% from last October’s 108. New listings of 303 are up 15.21% from a year ago, with the sales/listing ratio of 46.2% up 5.14%.

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

Year-to-date sales volume of $1,177,061,288



Down 0.83% from 2023’s $1,186,882,917 with unit sales of 1,476 up from 1,465 in 2023. New listings of 2,898 are up 18.33% from a year ago, with the sales/listing ratio of 50.93% down 8.89%.

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

Year-to-date average sale price of $795,134



Down from $802,212 one year ago with median sale price of $771,750 up from $768,750 one year ago. Average days-on-market of 26.2 is up 6.8 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 March 11, 2025
February 2025 Guelph Real Estate Market Report
By Andra Arnold February 12, 2025
January 2025 Guelph Real Estate Market Report
By Andra Arnold January 14, 2025
December 2024 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.
More Posts
Share by: