The real estate market in Guelph/Eramosa shifted into more balanced territory in July as both prices and sales activity declined. The median sale price fell 11.34% to $1,050,000, and the average dropped 13.83% to $1,031,764. Sales volume declined 27.09%, with unit sales down 15.38% to 11 transactions. New listings edged up to 26, while expired listings rose. With a unit sales-to-listings ratio of 42.31%, conditions have moved closer to balance, offering opportunities for both buyers and sellers.
