Guelph & Tri-City Housing Market Update – April 2025
April 2025 saw Guelph’s housing market hold firm on pricing, but behind that stability was a clear cooling in activity. With homes taking longer to sell, the Spring market is offering both buyers and sellers a chance to reset their strategies. Let’s look at some keys metrics for all of our local markets relative to April of last year:
Guelph Stats:
- Median Sale Price was $780,000 – No change
- Median Days to Sell was 18 days – ↑ 38.5% from 13 days
- Total Number of Listings was 356 – ↓ 24.3%
- Total Number of Sales was 152 – ↓ 42.6%
Tri-City Stats:
- Kitchener: Median Sale Price was $695,000 – ↓ 5.5%
- Waterloo: Median Sale Price was $775,000 – ↓ 4.0%
- Cambridge: Median Sale Price was $715,000 – ↓ 3.9%
The Guelph real estate market in April 2025 remained steady in terms of pricing, with the median sale price holding firm at $780,000—unchanged from the same time last year. While prices stayed level, the pace of the market noticeably slowed. Homes took longer to sell, averaging 18 days on the market (up 38.5%), and the number of homes sold dropped by 42.6%. At the same time, new listings fell sharply by 24.3%, pointing to a quieter spring season than usual. For Kitchener, Waterloo, and Cambridge, the relatively cool Spring market that we’re experiencing was more noticeable, with all three of those markets experiencing median price drops.
For buyers, this cooling momentum could present opportunities. With fewer homes selling and properties staying on the market longer, there’s more room to negotiate, especially if competition remains light. However, the reduced inventory means options may be limited, and buyers may need to act quickly when the right home appears.
Sellers, meanwhile, will need to adjust to a more deliberate market. While holding value is encouraging, attracting the right buyer may take more time and effort. Strategic pricing, strong marketing, and move-in-ready presentation will be essential for standing out in a slower, leaner market.
In summary, April’s market reflects a standstill in pricing but a slowdown in activity, with fewer listings and buyers in play. While not a downturn, these conditions suggest a market in wait-and-see mode—potentially setting the stage for renewed activity later in the year, especially if interest rates shift or consumer confidence rebounds.
If you’re thinking about buying, selling, or just want to understand how these numbers affect your goals, reach out—I’m here to help you navigate the market with confidence.
CLICK HERE to view the full report.