May 2026 Guelph Housing Market Update

Andra Arnold • June 4, 2026

May 2026
Guelph Real Estate Market Report

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Buyer's Market

The City of Guelph remained in buyer’s market territory in May as inventory levels continued to outpace sales activity.The median sale price declined 7.78% year over year to $737,750, while the average sale price decreased 4.02% to $794,307. Sales volume fell 14.32% to $125.50M, with unit sales decreasing 10.73% to 158 transactions. New listings declined 7.11% to 418, while expired listings dropped 19.05% to 34. The unit sales-to-listings ratio edged lower to 36.45%, down 5.39% from last year. Although market conditions improved

slightly from April, the ratio remains below the 39% threshold, keeping the City of Guelph firmly in buyer’s market territory.

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May NUMBERS


Median Sale Price $737,750

-7.78%


Average Sale Price $794,307

-4.02%


Sales Volume $125,500,453

-14.32%


Unit Sales 158

-10.73%


New Listings 418

+7.11%


Expired Listings 34

-19.05%


Unit Sales/Listings Ratio 37.8%0

-1.53%


Year-over-year comparison

(May 2026 vs. May 2025)


An arrow pointing down in a circle on a white background.

May year-over-year sales volume of $125,500,453


Down -14.32% from 2025’s $146,473,543 with unit sales of 158 down -10.73% from last May’s 177. New listings of 418 are down -7.11% from a year ago, with the sales/listing ratio of 37.80% down -1.53%.

An arrow pointing down in a circle on a white background.

Year-to-date sales volume of $455,155,483


Down -16.87% from 2025’s $547,543,656 with unit sales of 601 down -12.77% from 2025’s 689. New listings of 1,649 are up +0.12% from a year ago, with the sales/listing ratio of 36.45% down -5.39% from a year ago.

An arrow pointing down in a circle on a white background.

Year-to-date average sale price of $752,141


Down from $792,029 one year ago with median sale price of $725,000 down from $778,000 one year ago. Average days-on-market of 37 is up 8 days from last year.

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