Guelph, often referred to as “The Royal City,” is not only celebrated for its rich history and vibrant culture but also for its dynamic real estate market. Current Guelph MLS® stats indicate an average house price of $1,042,629 and 232 new listings in the last 28 days. As of today, Guelph housing data shows median days on the market for a home is 15 days.
1. Listings on the Market:
Guelph’s real estate market showcases a variety of housing options, including homes, townhomes, and condos.
Guelph currently features 255 homes listed on the market, providing a diverse array of choices for residents and newcomers.
Townhomes: For those seeking townhome living, Guelph offers 86 listings, showcasing the appeal of this housing style for those desiring convenience and community.
Condos: Condos present 102 options for those looking for a more compact and maintenance-free living arrangement.
2. Avg Listings Price Last 3 months
The average listing price for homes, townhomes, and condos in the past three months provides insight into the affordability and value of these properties:
The average listing price for homes in the last three months stands at $1.1 million, demonstrating the allure of Guelph’s residential offerings.
Townhomes, often favoured for their balance of space and affordability, have an average listing price of $747.5 thousand over the same period.
Condos maintain their affordability in Guelph, with an average listing price of $582.4 thousand in the past three months.
3. Change in Average Listing Price
Understanding the change in average listing price can reveal market dynamics: Over the past three months, there has been no change in the average listing price for homes, reflecting stability and consistent demand.
Townhomes have seen a 6.06% increase in the average listing price, highlighting the growing interest in this housing segment.
Condos have maintained their pricing, reflecting steady affordability.
4. Avg SOLD Price Last 3 months
Homes in Guelph have seen an average selling price of $1 million in the last three months, underscoring the city’s appeal to homebuyers.
The average sold price for townhomes in the past three months is $735.5 thousand, demonstrating consistent demand for this housing category.
The condo market in Guelph, while diverse in options, has seen no change in the average sold price, indicating stability.
5. Change in Average SOLD Price
The change in the average sold price for homes reflects a significant 8.96% increase, indicating robust demand and appreciation in property values.
Townhomes have witnessed a 5.93% increase in the average sold price, showcasing the attractiveness of this segment to buyers.
The condo market has maintained its pricing, reflecting a stable market.
Inventory & SOLD Statistics
In the last 60 days, the Guelph real estate market has been active, with key statistics as follows:
There were 554 new home listings, with 188 homes sold in the same period. The average days on the market for homes is 17 days, and the selling-to-listing price ratio stands at 100.3%. These figures highlight the competitive nature of Guelph’s home market.
Guelph saw 211 new townhome listings and 16 townhomes sold in the last 60 days. The average days on the market for townhomes is 16 days, with a selling-to-listing price ratio of 100.32%.
For condos, there were 182 new listings and 22 condos sold in the last 60 days. The average days on the market for condos is 22 days, and the selling-to-listing price ratio is 99.66%.
