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!
September 2024 Guelph Housing Market Update
September 2024
Guelph Real Estate Market Report
Buyer's Market
The City of Guelph’s real estate market was a buyer’s market this past month, as the median sale price increased by 1.42%, even though the average sale price dipped slightly by 1.12%. Sales volume saw a notable rise of 25.58%, with unit sales up by 27%. New listings increased by 7.14%, while expired listings rose by 13.64%. The unit sales/listings ratio improved by 6.02%, reflecting growing buyer activity in a competitive market.

SEPTEMBER NUMBERS
Median Sale Price $783,500
+1.42
Average Sale Price $811,448
-1.12%
Sales Volume $103,053,900
+25.58%
Unit Sales 127
+27%
New Listings 330
+7.14%
Expired Listings 25
+13.64%
Unit Sales/Listings Ratio 38.48%
+6.02%
Year-over-year comparison
(September 2024 vs. September 2023)
September year-over-year sales volume of $103,053,900
Up 25.58% from 2023’s $82,064,674 with unit sales of 127 up 27% from last September’s 100. New listings of 330 are up 7.14% from a year ago,
with the sales/listing ratio of 38.48% up 6.02%.
Year-to-date sales volume of $1,064,132,883
Down 3.55% from 2023’s $1,103,263,569 with unit sales of 1,336 down from 1,357 in 2023. New listings of 2,595 are up 18.71% from a year ago,
with the sales/listing ratio of 51.48% down 10.59%.
Year-to-date average sale price of $794,526
Down from $804,381 one year ago with median sale price of $773,500 up from $772,500 one year ago. Average days-on-market of 25.9 is up 6.89 days from last year.

