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December 2024 Guelph Housing Market Update
Andra Arnold • January 14, 2025
December 2024
Guelph Real Estate Market Report
Seller's Market
The City of Guelph’s real estate market remained active in
December, showing strong growth across multiple metrics. The
median sale price rose by 3.29% to $754,000, while the average
sale price increased by 2.81% to $766,598. Sales volume saw a
significant surge of 69.73%, driven by a 65.08% jump in unit sales to
104. New listings were up by 39.13%, and expired listings increased
slightly by 7.84%. With the unit sales-to-listings ratio rising to 108.33%, the Guelph market continues to favour sellers.
DECEMBER NUMBERS
Median Sale Price $754,000
+3.29%
Average Sale Price $766,598
+2.81%
Sales Volume $79,726,200
+69.73%
Unit Sales 104
+65.08%
New Listings 96
+39.13%
Expired Listings 55
+7.84%
Unit Sales/Listings Ratio 108.33%
+17.03%
Year-over-year comparison
(December 2024 vs. December 2023)
December year-over-year sales volume of $79,726,200
Up 69.73% from 2023’s $46,973,399 with
unit sales of 104 up 65.08% from last December’s 63.
New listings of 96 are up 39.13% from a year ago,
with the sales/listing ratio of 108.33% up 17.03%.
Year-to-date sales volume of $1,372,222,386
Up 4.82% from 2023’s $1,309,086,062 with
unit sales of 1,726 up from 1,626 in 2023.
New listings of 3,189 are up 17.2% from a year ago,
with the sales/listing ratio of 54.12% down 5.63%.
Year-to-date average sale price of $792,382
Down from $794,615 one year ago with median sale price
of $762,750 up from $762,500 one year ago.
Average days-on-market of 27.4 is up 5.9 days from
last year.
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