Guelph & Tri-City Housing Market Stats – March 2026
Today I will be providing you with the Guelph and Tri-City housing market for the month of March. Let’s look at some keys metrics for our local markets relative to March of last year:
Guelph Stats:
- Median Sale Price was $730,158 – ↓ 1.3%
- Total Number of Listings was 316 – ↑ 4.6%
- Total Number of Sales was 119 – ↓ 12.5%
Tri-City Stats:
- Kitchener: Median Sale Price was $670,100 – ↓ 2.5%
- Waterloo: Median Sale Price was $695,000 – ↓ 7.3%
- Cambridge: Median Sale Price was $639,500 – ↓ 13.0%
CLICK HERE to view the full report.
The Guelph real estate market in March 2026 showed a clear shift toward more buyer-friendly conditions compared to March 2025, as softer sales activity continued to outweigh modest gains in new supply. The median sale price eased slightly, suggesting values have largely stabilized but are facing mild downward pressure in the current environment.
The most notable change came in market pace. Median days to sell rose to 25 days, a 47% increase from March 2025, indicating that buyers are taking more time to make decisions and properties are sitting longer before securing an offer. At the same time, new listings increased, while homes sold declined, further widening the gap between supply and demand.
With a sales-to-new-listings ratio firmly in buyer’s market territory, conditions are favouring negotiation and more conditional offers. Well-priced homes are still moving, but sellers are increasingly having to adjust expectations on timing and pricing strategy.
Looking ahead to April, the key question will be whether the seasonal spring momentum brings more buyers into the market or whether elevated inventory continues to give purchasers the upper hand. If sales do not meaningfully improve, Guelph may continue to experience extended days on market and gradual price softening heading deeper into the spring market.
For both buyers and sellers, preparation, realistic pricing, and adapting to an ever-changing market will continue to play a key role in achieving successful outcomes in the months ahead.
And for those who are looking to both buy and sell, doing the harder thing first is often the best strategic move. At this time, this often means getting your home on the market, selling with a long close, and taking some time to find the right home. That being said, there are pros and cons to doing this, and there are important ways to minimize risks along the way. A full discussion is warranted.
If you are considering a move, I can certainly help you make this happen. Feel free to reach out to me to discuss your plans, and we can create a strategy that will work for you.