The real estate market in Guelph/Eramosa continued to favour buyers in April, with increased inventory and softer sales. The median sale price declined 9.82% to $1,010,000, while the average sale price rose 3.61% to $1,136,892. Sales volume dipped 7.91%, with unit sales down 11.11% to 8 transactions. New listings climbed 24.24%, while expired listings remained unchanged. With the unit sales-to-listings ratio at 19.51%, market conditions continue to lean in favour of buyers.
