Guelph Real Estate Statistics

Guelph Real Estate Price Trend
Guelph real estate average sold price in the last 30 days (October 21 - November 19) was $806,839, which is $27,280 (3.4%) lower than the average price of $834,119 in the previous 30 day period (September 21 - October 20), and $21,919 (2.7%) up from the same period 1 year ago ($784,920). Guelph real estate prices over the last 30 days are also $41,033 (5.1%) higher than the average selling price of $765,806 over the past year.
Guelph average sold price for homes was $908,813 in the last 30 days (October 21 - November 19), which is $35,602 (3.9%) down from the average home price of $944,415 in the previous 30 day period (September 21 - October 20), and $3,693 (0.4%) lower than the same period 1 year ago ($912,506). In the last 30 days Guelph the average home price was $28,804 (3.2%) higher than the average selling price of $880,009 over the last 12 months.
Average Guelph condo sold price over the last 30 days (October 21 - November 19) was $585,070. During this period it was $32,279 (5.5%) up from the average price of condo of $552,791 during the previous 30 days (September 21 - October 20), and $19,096 (3.3%) lower compared to the same period 1 year ago ($604,166). In the last 30 days Guelph the average condo price was $1,388 (0.2%) higher than the average selling price of $583,682 over the last year.
Average sold price of Guelph townhouse was $661,506 in the last 30 days (October 21 - November 19), down $36,460 (5.5%) from the average townhome price of $697,966 over the previous 30 days (September 21 - October 20), and $22,104 (3.3%) lower than during to the same period 1 year ago ($683,610). Over the last 30 days the average townhouse price in Guelph was $224 (0.0%) lower compared to the average selling price of $661,730 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Guelph real estate was $806,839 in the last 30 days (October 21 - November 19), which is collectively $16,518 (2.0%) lower than the average asking price of $844,281. This represents a decline of $3,343 (25.4%) compared to $13,175 (1.5%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).
The maximum Sold Over/Under Asking ratio in Guelph during the last 12 months was recorded in February, 2024 with an average of $2,186 over the asking price, while the minimum occurring in December, 2023 with $21,063 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 81.5% with 137 properties sold and 211 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 44.5% recorded during the previous 30 day period (September 21 - October 20), and an increase from 51.7% compared to the same period one year ago.
Over the the last year the highest SNLR in Guelph was 121.2% recorded in August and the lowest was in September at 46.8%. 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 137 properties that were successfully sold in Guelph in the last 30 days (October 21 - November 19) was 28 days, which is 5 days more than 23 days average in the previous 30 day period (September 21 - October 20) and 3 days longer than during the same period a year ago (25 days).
There were 134 delisted properties in Guelph, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 57 days on the market. This is 8 days shorter than the average of 65 days during the previous 30 day period (September 21 - October 20) and 8 days more compared to the same period last year average of 49 days on the market.
134 Guelph properties that didn't sell stayed on the market 103.6% longer than 137 that sucessfully sold over the last 30 days - 28 days when sold vs 57 days when delisted respectively.
Average Days on the Market in Guelph over the past 12 months for properties that have sold was 26.6 days, with 53.7 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
168 new properties were listed on the market in Guelph in the last 30 days (October 21 - November 19). During the same time 137 properties were sold and 134 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 103 properties (or 61.3%).
During the previous 30 day period (September 21 - October 20) there were 211 new properties listed, 94 sold and 139 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 247 new properties listed, the slowest - December with 48 new listings and a yearly average of 176 new listings per month.
New Real Estate Listings by Property Type
There were a total of 93 homes listed during the last 30 days (October 21 - November 19), which is 55.4% of all properties listed in Guelph. This is a 20.5% decline compared with a previous 30 day period (September 21 - October 20) and 14.8% up from the same period a year ago. Over the past year an average of 102 homes are were listed per month.
29 condo units were listed in the last 30 days (October 21 - November 19) in Guelph, which represents 17.3% of all new listings. This is down 23.7% from the prior 30 day period (September 21 - October 20) and 3.6% more compared to the same period last year. There were 35 condos listed per month on average during the last 12 months.
46 townhomes were listed over the last 30 days (October 21 - November 19) in Guelph, which is 27.4% of all new real estate inventory. This is a 17.9% less than during the previous 30 day period (September 21 - October 20) and 35.3% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 39 a month.
Real Estate Sales by Property Type
There were a total of 87 homes sold during the last 30 days (October 21 - November 19), which is 63.5% of all properties sold in Guelph. This is a 47.5% increase compared with a previous 30 day period (September 21 - October 20) and 123.1% up from the same period a year ago. Over the past year an average of 72 homes are were sold per month.
21 condo units were sold in the last 30 days (October 21 - November 19) in Guelph, which represents 15.3% of all sold properties. This is up 75.0% from the prior 30 day period (September 21 - October 20) and 16.7% more compared to the same period last year. There were 26 condos sold per month on average during the last 12 months.
29 townhomes were sold over the last 30 days (October 21 - November 19) in Guelph, which is 21.2% of all sold real estate. This is a 26.1% more than during the previous 30 day period (September 21 - October 20) and 70.6% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 31 a month.
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