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!
November 2023 Guelph Housing Market Update
Andra Arnold • December 7, 2023
November 2023
Guelph Real Estate Market Report
Balanced Market
The City of Guelph real estate market remains balanced due to a drop in unit sales and sales volume, paired with an increase of inventory. Average and median sales prices remain higher than they were in November of 2022, showing the continued fortitude of this market.
November NUMBERS
Median Sale Price $735,000
+0.28%
Average Sale Price $767,650
+4.22%
Sales Volume $75,229,746
-5.43%
Unit Sales 98
-9.26%
New Listings 203
+18.02%
Expired Listings 22
+22.22
Unit Sales/Listings Ratio 48.28%
-14.51%
Year-over-year comparison
(November 2023 vs. November 2022)
November year-over-year sales volume of $75,229,746
Down 5.43% from 2022’s $79,550,744 with unit sales of 98 down 9.26% from last November’s 108. New listings of 203 are up 18.02% from a year ago, with the sales/listing ratio of 48.28% down 14.51%.
Year-to-date sales volume of $1,262,112,663
Down 22.96% from 2022’s $1,638,310,185 with unit sales of 1,563 down 16.15% from 2022’s 1,864. New listings of 2,652 are down 16.87% from a year ago, with the sales/listing ratio of 58.94% up 0.5%.
Year-to-date average sale price of $799,070
Down from $856,414 one year ago with median sale price of $765,000 down from $795,000 one year ago. Average days-on-market of 20.18 is up 2.45 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
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.
Thinking of upsizing in Guelph? Learn why involving your kids in the home-buying process can make your family’s move easier and more exciting.
Planning to sell your home in Guelph? Discover 4 key questions to ask a local realtor about pricing, market trends, costs, and ROI to sell with confidence.
