The City of Guelph’s real estate market remained in balanced territory in July, with modest price gains alongside stronger sales activity. The median sale price inched up 0.13% to $742,000, while the average rose 3.01% to $776,481. Sales volume increased 16.29%, driven by a 13.24% rise in unit sales to 154 transactions. Inventory also grew, with new listings up 16.56% and expired listings more than doubling, up 106.25%. With a unit sales-to-listings ratio of 42.08%, Guelph continues to reflect balanced market conditions, offering opportunities for both buyers and sellers.
