Guelph & Tri-City Housing Market Stats – February 2025
The February housing market stats are showing that all of our local markets continue to be in a balanced state. I will provide you with a detailed analysis of the Guelph market, but first let’s look at some keys metrics for all of our local markets relative to February of last year:
Guelph Stats:
- Median Sale Price was $775,000 – ↑ 3.3%
- Median Days to Sell was 14 days – ↓ 6.7%
- Total Number of Listings was 267 – ↓ 21.5%
- Total Number of Sales was 119 – ↓ 47.1%
Tri-City Stats:
- Kitchener: Median Sale Price was $719,000 – ↑ 2.5%
- Waterloo: Median Sale Price was $730,000 – ↓ 1.9%
- Cambridge: Median Sale Price was $680,000 – ↓ 6.7%
CLICK HERE to view the full stats report.
The Guelph real estate market in February 2025 continued to show resilience in home prices, with a 3.3% increase in median sale price compared to last year. However, the overall market pace has shifted, with a notable decline in both new listings and sales activity. With only 267 homes hitting the market—down 21.5% from last year—and sales dropping significantly by 47.1%, buyers and sellers are facing a different dynamic than in previous years.
Homes are selling slightly faster, with a median of just 14 days on the market. However, fewer listings mean limited choices, and well-priced homes are likely to attract competitive interest. Sellers, on the other hand, can take confidence in rising prices but may need to be patient as fewer buyers are actively making purchases.
Overall, February’s numbers suggest a market in transition—pricing remains strong, but lower inventory and sales volume indicate a more cautious approach from both buyers and sellers. As we move into the spring market, shifting economic factors, including interest rates and buyer confidence, will play a key role in shaping activity in the months ahead.
Stay tuned as we enter the Spring market, and reach out to me if you are considering a move this year. Even if you are waiting to see how the political landscape shapes our short-term economy, its best to start the conversation now if you are wanting to buy, sell, invest, or move.