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 08, 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
March 2024 Guelph Real Estate Market Report
Explore the pros and cons of living in Guelph vs. Kitchener-Waterloo through a local realtor's eyes. Discover community, affordability, and lifestyle insights.
Learn the essentials of real estate cap rates for smart investing decisions. Discover how to calculate, examples, & their significance in 2024. #RealEstateInvesting
Escape the city & embrace nature! Before buying rural property in Ontario, read this guide! Zoning, utilities, finances - all the considerations you need to know.
Andra Arnold & Associate's is proud to be the presenting sponsor at Hospice Wellington's Retro Royale! Join us to support and raise funds for Hospice Wellington's end-of-life supportive programs and services, including a special focus on our event Fund-A-Need, this year focusing on Caring for the Caregiver.
Find your perfect Guelph neighbourhood: a guide to family-friendly, affordable living in Guelph's best communities.
