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!
October 2024 Guelph Housing Market Update
Andra Arnold • November 8, 2024
October 2024
Guelph Real Estate Market Report
Balanced Market
The City of Guelph’s real estate market switched back to a balanced market this past month, as the median sale price rose slightly, while the average sale price saw a modest increase of 2.29%. Sales volume jumped by 35.05%, with unit sales up 29.63%. New listings grew by 15.21%, and expired listings increased by 54.17%. The unit sales-to-listings ratio improved by 5.14%, showing heightened buyer interest in a competitive market.
October NUMBERS
Median Sale Price $770,000
+0.65%
Average Sale Price $800,600
+2.29%
Sales Volume $112,928,405
+35.05%
Unit Sales 140
+29.63%
New Listings 303
+15.21%
Expired Listings 37
+54.17%
Unit Sales/Listings Ratio 46.2%
+5.14%
Year-over-year comparison
(October 2024 vs. October 2023)
October year-over-year sales volume of $112,928,405
Up 35.05% from 2023’s $83,619,348 with
unit sales of 140 up 29.63% from last October’s 108. New listings of 303 are up 15.21% from a year ago, with the sales/listing ratio of 46.2% up 5.14%.
Year-to-date sales volume of $1,177,061,288
Down 0.83% from 2023’s $1,186,882,917 with unit sales of 1,476 up from 1,465 in 2023. New listings of 2,898 are up 18.33% from a year ago, with the sales/listing ratio of 50.93% down 8.89%.
Year-to-date average sale price of $795,134
Down from $802,212 one year ago with median sale price of $771,750 up from $768,750 one year ago. Average days-on-market of 26.2 is up 6.8 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
Comparing Guelph homes for sale? Learn the hidden factors that affect ownership costs, resale value, zoning, and long-term satisfaction before you buy.
Selling your home in Guelph? Learn when accepting a Sale of Buyer’s Home condition makes sense, how to reduce risk, and what sellers should consider.
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.
