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May 2026 Guelph Housing Market Update
May 2026
Guelph Real Estate Market Report

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.

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)
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%.
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.
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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