Guelph Real Estate Statistics

Guelph Real Estate Price Trend
Guelph real estate average sold price in the last 30 days (May 20 - June 18) was $766,761, which is $16,783 (2.2 %) lower than the average price of $783,544 in the previous 30 day perdiod (April 20 - May 19), and $164,522 (21.5 %) up from the same period 1 year ago ($602,239). Guelph real estate prices over the last 30 days are also $88,901 (11.6 %) higher than the average selling price of $677,860 over the past year.
Guelph average sold price for homes was $861,409 in the last 30 days (May 20 - June 18), which is $48,912 (5.7 %) down from the average home price of $910,321 in the previous 30 day perdiod (April 20 - May 19), and $191,074 (22.2 %) higher than the same period 1 year ago ($670,335). In the last 30 days Guelph the average home price was $81,310 (9.4 %) higher than the average selling price of $780,099 over the last 12 months.
Average Guelph condo sold price over the last 30 days (May 20 - June 18) was $533,175. During this period it was $23,625 (4.4 %) up from the average price of condo of $509,550 during the previous 30 days (April 20 - May 19), and $113,114 (21.2 %) higher compared to the same period 1 year ago ($420,061). In the last 30 days Guelph the average condo price was $85,667 (16.1 %) higher than the average selling price of $447,508 over the last year.
Average sold price of Guelph townhouse was $656,269 in the last 30 days (May 20 - June 18), down $26,992 (4.1 %) from the average townhome price of $683,261 over the previous 30 days (April 20 - May 19), and $173,096 (26.4 %) higher than during to the same period 1 year ago ($483,173). Over the last 30 days the average townhouse price in Guelph was $76,407 (11.6 %) higher compared to the average selling price of $579,862 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Guelph real estate was $766,761 in the last 30 days (May 20 - June 18), which is collectively $37,144 (4.7 %) higher than the average asking price of $784,226. This represents a decline of $13,250 (26.3 %) compared to $50,394 (6.9 %) Sold-Over-Asking price from the previous 30 day period (April 20 - May 19).
The maximum Sold Over/Under Asking ratio in Guelph during the last 12 months was recorded in January, 2021 with an average of $71,557 over the asking price, while the minimum occurring in June, 2020 with $8,255 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Guelph was 131.2 % with 189 properties sold and 183 new properties listed in the past 30 days (May 20 - June 18). This represents an increase from 118.0 % recorded during the previous 30 day period (April 20 - May 19), and an increase from 102.0 % compared to the same period one year ago.
Over the the last year the highest SNLR in Guelph was 224.5 % recorded in November and the lowest was in April at 62.3 %. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 189 properties that were successfully sold in Guelph in the last 30 days (May 20 - June 18) was 9 days, which is 2 days less than 11 days average in the previous 30 day period (April 20 - May 19) and 11 days shorter than during the same period a year ago (20 days).
There were 74 delisted properties in Guelph, those that got either Expired, Suspended or Terminated over the last 30 days (May 20 - June 18) with an average of 27 days on the market. This is 9 days longer than the average of 18 days during the previous 30 day period (April 20 - May 19) and 39 days less compared to the same period last year average of 66 days on the market.
74 Guelph properties that didn't sell stayed on the market 200.0 % longer than 189 that sucessfully sold over the last 30 days - 9 days when sold vs 27 days when delisted respectively.
Average Days on the Market in Guelph over the past 12 months for properties that have sold was 14.0 days, with 42.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
144 new properties were listed on the market in Guelph in the last 30 days (May 20 - June 18). During the same time 189 properties were sold and 74 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 119 properties (or 82.6 %).
During the previous 30 day period (April 20 - May 19) there were 183 new properties listed, 216 sold and 42 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was April with 166 new properties listed, the slowest - December with 41 new listings and a yearly average of 105 new listings per month.
New Real Estate Listings by Property Type
There were a total of 82 homes listed during the last 30 days (May 20 - June 18), which is 56.9 % of all properties listed in Guelph. This is a 17.2 % decline compared with a previous 30 day period (April 20 - May 19) and 41.4 % up from the same period a year ago. Over the past year an average of 61 homes are were listed per month.
26 condo units were listed in the last 30 days (May 20 - June 18) in Guelph, which represents 18.1 % of all new listings. This is down 25.7 % from the prior 30 day period (April 20 - May 19) and 100.0 % more compared to the same period last year. There were 16 condos listed per month on average during the last 12 months.
36 townhomes were listed over the last 30 days (May 20 - June 18) in Guelph, which is 25.0 % of all new real estate inventory. This is a 26.5 % less than during the previous 30 day period (April 20 - May 19) and 33.3 % increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 28 a month.
Real Estate Sales by Property Type
There were a total of 118 homes sold during the last 30 days (May 20 - June 18), which is 62.4 % of all properties sold in Guelph. This is a 6.3 % decline compared with a previous 30 day period (April 20 - May 19) and 73.5 % up from the same period a year ago. Over the past year an average of 75 homes are were sold per month.
27 condo units were sold in the last 30 days (May 20 - June 18) in Guelph, which represents 14.3 % of all sold properties. This is down 32.5 % from the prior 30 day period (April 20 - May 19) and 107.7 % more compared to the same period last year. There were 19 condos sold per month on average during the last 12 months.
44 townhomes were sold over the last 30 days (May 20 - June 18) in Guelph, which is 23.3 % of all sold real estate. This is a 12.0 % less than during the previous 30 day period (April 20 - May 19) and 131.6 % increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 34 a month.
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