The real estate market in Guelph/Eramosa remained tilted in favour of buyers this May, despite stronger pricing and sales growth. The median sale price jumped 28.02% to $1,165,000, and the average rose 17.07% to $1,151,181. Sales volume surged 56.09%, driven by a 33.33% increase in unit sales to 16 transactions. New listings edged up 2.08%, while expired listings doubled. With a unit sales-to-listings ratio of 32.65%, conditions still lean toward a buyer’s market, though activity is picking up.
