The City of Guelph remained in buyer’s market territory through September, with the year-to-date sales-to-listings ratio sitting at 38.30%, just below the 39% threshold. September pricing was mixed year over year, as the median sale price declined 1.97% to $745,000, while the average sale price increased 1.52% to $793,686. Sales activity softened slightly, with sales volume down 1.46% to $104.77M and unit sales decreasing 2.94% to 132 transactions. New listings declined 13.81% to 362, while expired listings rose 44.90% to 71, showing continued competition among sellers. Although the monthly sales-to-listings ratio improved to 36.46%, the year-to-date ratio remains below the balanced market threshold, keeping buyer-favourable conditions in place across the City of Guelph.
