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!
May 2022 Guelph Market Update
Andra Arnold • June 1, 2022
May 2022
Guelph Real Estate Market Report
Balanced Market
The City of Guelph real estate market just barely dips into a balanced market as new listings this month increased and unit sales dropped compared to this time last year. We are continuing to see a consistent growth in median and average sales prices despite this, which shows sign of a strong foundation for this market.
MAY NUMBERS
Median Sale Price $845,000
+14.19%
Sales Volume $173,852,441
-22%
Unit Sales 205
-28.07%
New Listings 456
+20.95%
Expired Listings 28
+64.71%
Unit Sales/Listings Ratio 44.96%
-30.64%
Year-over-year comparison
(May 2022 vs. May 2021)
May year-over-year sales volume of $173,852,441
Down 22% from 2021’s $222,877,467 with unit sales of 205 down 28.07% from last May’s 285. New listings of 456 are up 20.95% from a year ago, with the sales/listing ratio of 44.96% down 30.64%.
Year-to-date sales volume of $1,058,192,834
Up 1.75% from 2021’s $1,040,028,970 with unit sales of 1,159 down 14.59% from 2021’s 1,357. New listings of 1,924 are up 11.02% from a year ago, with the sales/listing ratio of 60.24% down 18.06%.
Year-to-date average sale price of $936,031
Up from $761,066 one year ago with median sale price of $925,000 up from $710,900 one year ago. Average days-on-market of 12.6 is up 1.8 days from last year.
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.
