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!
April 2023 Guelph Housing Market Update
Andra Arnold • May 8, 2023
April 2023
Guelph Real Estate Market Report
Seller's Market
The City of Guelph real estate market shifts into a seller’s market this month. A lack of inventory is pushing the market while keeping both unit sales and sales volumes low. Despite this, the average sales prices are still rising compared to the previous months this year.
April NUMBERS
Median Sale Price $795,000
-13%
Average Sale Price $823,835
-16.8%
Sales Volume $146,642,552
-28.11%
Unit Sales 178
-13.59%
New Listings 221
-47.13%
Expired Listings 6
+200%
Unit Sales/Listings Ratio 80.54%
+31.26%
Year-over-year comparison
(April 2023 vs. April 2022)
April year-over-year sales volume of $146,642,552
Down 28.11% from 2022’s $203,987,287 with unit sales of 187 down 13.59% from last April’s 206. New listings of 221 are down 47.13% from a year ago, with the sales/listing ratio of 80.54% up 31.26%.
Year-to-date sales volume of $464,308,733
Down 44.38% from 2022’s $834,719,234 with unit sales of 599 down 30.11% from 2022’s 857. New listings of 836 are down 36.38% from a year ago, with the sales/listing ratio of 71.65% up 6.43%.
Year-to-date average sale price of $767,469
Down from $974,376 one year ago with median sale price of $738,000 down from $919,375 one year ago. Average days-on-market of 20.25 is up 12.25 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
Comparing Guelph homes for sale? Learn the hidden factors that affect ownership costs, resale value, zoning, and long-term satisfaction before you buy.
Selling your home in Guelph? Learn when accepting a Sale of Buyer’s Home condition makes sense, how to reduce risk, and what sellers should consider.
Best deals on Guelph homes come from preparation, local insight, and understanding location, condition, timing, neighbourhood trends, and negotiation strategy.
A guide to Guelph homes for sale in 2026 explained with current prices, neighbourhood insights, home types, and expert buyer tips to help you buy.
Guelph’s Andra Arnold wins Ontario REALTOR® of the Year. Learn about her record-breaking 2025 success and her support for the Royal LePage Shelter Foundation.
Discover the benefits of multi-generational living in Guelph, from financial savings to stronger family connections. Learn how to find the right home for your family.
