Guelph Real Estate Market – October 2018

Andra Arnold • November 14, 2018

Guelph Real Estate Market Update October 2018

Overall Market Data

 

Average Days on Market in 2017: 25

Average Days on Market in 2018: 28

The average amount of days for homes to be on the Guelph real estate market has  increased by 3 days.

 

Average Sale Price in 2017: $503,066

Average Sale Price in 2018: $494,939

From 2017 to 2018, the average sale price of Guelph homes has decreased by 2%.

 

Units Sold in 2017: 178

Units Sold in 2018: 168

6% fewer homes have been sold in the Guelph real estate market over the month of October.

 

Neighbourhood Data

Average Days on Market

Average Days on Market in 2017: 24

Average Days on Market in 2018: 39

In the North End, homes have been on the Guelph real estate market for 15 days more on average.

 

Average Sale Price

Average Sale Price in 2017: $439,306

Average Sale Price in 2018: $440,987

There has been a decrease in the average sale price of homes in the North End of Guelph by -0.4% .

 

Units Sold

Units Sold in 2017: 18

Units Sold in 2018: 15

There has been -17% fewer units sold between October 2017 and October 2018.

 

North End: Average Sale Price per Home Type

Detached: $558,900

Semi-Detached: $385,250

Townhouse: $374,971

Apartment Unit: $425,000

 

Average Days on Market

Average Days on Market in 2017: 25

Average Days on Market in 2018: 27

For the South End of Guelph, homes have been on the Guelph real estate market for 2 days more on average.

 

Average Sale Price

Average Sale Price in 2017: $557,851

Average Sale Price in 2018: $496,938

There has been a  decrease in the average sale price of homes in the South End of Guelph by -11% .

 

Units Sold

Units Sold in 2017: 68

Units Sold in 2018: 64

There has been 6% fewer units sold in the South End from 2017 to 2018.

 

South End: Average Sale Price per Home Type

Detached: $632,970

Semi-Detached: $411,550

Townhouse: $462,604

Apartment Unit: $332,563

 

Average Days on Market

Average Days on Market in 2017: 34

Average Days on Market in 2018: 28

For the East End of Guelph, homes have been on the Guelph real estate market for 6 days less on average.

 

Average Sale Price

Average Sale Price in 2017: $502,494

Average Sale Price in 2018: $490,933

There has been a decrease in the average sale price of homes in the East End of Guelph by -2% .

 

Units Sold

Units Sold in 2017: 32

Units Sold in 2018: 16

There has been a decrease of 19%  in units sold in the East End of Guelph from 2017 to 2018.

 

East End: Average Sale Price per Home Type

Detached: $554,608

Semi-Detached: $488,000

Townhouse: $445,236

Apartment Unit: $339,800

 

Average Days on Market

Average Days on Market in 2017: 21

Average Days on Market in 2018: 22

For the West End of Guelph, homes have been on the Guelph real estate market for 1 day more  on average.

 

Average Sale Price

Average Sale Price in 2017: $437,347

Average Sale Price in 2018: $437,062

There has been a decrease in the average sale price of homes in the West End of Guelph by -0.1% .

 

Units Sold

Units Sold in 2017: 30

Units Sold in 2018: 27

There have been -10% fewer units sold in the West End from October 2017 to 2018.

 

West End: Average Sale Price per Home Type

Detached: $532,207

Semi-Detached: $535,000

Townhouse: $368,629

Apartment Unit: $199,325

 

Average Days on Market

Average Days on Market in 2017: 17

Average Days on Market in 2018: 29

For Downtown Guelph, homes have been on the Guelph real estate market for 12 days more on average.

 

Average Sale Price

Average Sale Price in 2017: $460,010

Average Sale Price in 2018: $559,063

There has been an increase in the average sale price of homes in the Downtown Guelph by +22% .

 

Units Sold

Units Sold in 2017: 26

Units Sold in 2018: 35

There have been +35% more  units sold in Downtown Guelph from 2017 to 2018.

 

Downtown Guelph: Average Sale Price per Home Type

Detached: $592,081

Townhouse: $578,500

Apartment Unit: $451,021

 

Average Days on Market

Average Days on Market in 2017: 19

Average Days on Market in 2018: 20

Village by The Arboretum homes have been on the Guelph real estate market for 1 day more  on average.

 

Average Sale Price

Average Sale Price in 2017: $574,633

Average Sale Price in 2018: $545,000

There has been a  decrease in the average sale price of homes in the Village by The Arboretum by -5% .

 

Units Sold

Units Sold in 2017: 3

Units Sold in 2018: 1

There have been -67% fewer  units sold in Village by The Arboretum from October 2017 to October 2018.

 

Average Days on Market

Average Days on Market in 2017: 32

Average Days on Market in 2018: 65

Puslinch homes have been on the market for 33 days more on average.

 

Average Sale Price

Average Sale Price in 2017: $568,475

Average Sale Price in 2018: $945,000

There has been an increase in the average sale price of homes in Puslinch by +61% .

 

Units Sold

Units Sold in 2017: 4

Units Sold in 2018: 7

There have been +75% more  units sold in Puslinch from 2017 to 2018.

 

 

To view current Guelph listings, click here !

If you have any questions about the Guelph Real Estate Market, feel free to contact Guelph Realtor Andra Arnold

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