Andra Arnold & Associates are a Top Rated, Award-Winning Guelph real estate team that has a passion for helping people. We truly live by our motto “Here to Help”. Our team brings quality expertise to our clients’ buying and selling experiences. The team's dedication, eagerness to help, and experience allow clients navigate one of life’s biggest decisions!
June 2024 Guelph Housing Market Update
Andra Arnold • July 8, 2024
June 2024
Guelph Real Estate Market Report
Balanced Market
The City of Guelph real estate market continues to be a balanced market despite both unit sales and sales volume being lower than they were this time last year. Both average and median sale prices dropped in comparison to last year, however, the significant increase in new listings reflects a shift in market dynamics. Despite these changes, the market still shows signs of stability.
JUNE NUMBERS
Median Sale Price $750,000
-8.45%
Average Sale Price $792,581
-9.59%
Sales Volume $147,420,002
-10.07%
Unit Sales 186
-0.53%
New Listings 332
+8.85%
Expired Listings 35
+191.67%
Unit Sales/Listings Ratio 56.02%
-5.29%
Year-over-year comparison
(June 2024 vs. June 2023)
May year-over-year sales volume of $152,639,311
Down 13.47% from 2023’s $176,409,250 with unit sales of 183 down 8.96% from last May’s 201. New listings of 381 are up 36.56% from a year ago, with the sales/listing ratio of 48.03% down 24.01%.
Year-to-date sales volume of $604,939,891
Down 5.58% from 2023’s $640,717,983 with unit sales of 754 down from 800 in 2023. New listings of 1,386 are up 24.3% from a year ago, with the sales/listing ratio of 54.4% down 17.35%.
Year-to-date average sale price of $798,878
Up from $789,507 one year ago with median sale price of $773,500 up from $738,500 one year ago. Average days-on-market of 24.8 is up 5.2 days from last year.
Checkout Snapshots of Surrounding Areas!
Contact Us
Meet the Andra Arnold Team
Check Out Our Featured Listings
More blog posts on buying and selling real estate
Discover key insights from the Guelph real estate market in August 2025. Sales dipped 26% from July, while prices held steady with a 2.8% month-over-month rise. Learn what this means for buyers and sellers heading into the fall market.
Discover Old University in Guelph, historic homes, walkable amenities, and a competitive real estate market make this neighbourhood one of the city’s most desirable places to live.
Explore Riverside Park in Guelph. History, amenities, lifestyle, and real estate insights. Discover why this riverfront community is one of the city’s most sought-after neighbourhoods.
If you’ve spent any time in Guelph, you’ve probably heard people talk about “The Ward.” Officially called St. Patrick’s Ward, this neighbourhood sits just east of downtown and has a personality all its own.
Risks and rewards of buying pre‑construction in Guelph. Timelines, financing, and developer vetting, so you can invest wisely and secure your new condo.
Compare condos vs. freeholds in Guelph to find the best fit for your lifestyle, budget, and goals. Low‑maintenance living or full control awaits.
