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Home Buyers & Sellers

Guelph Housing Market Stats – Q2 2019

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This video provides you with a quick summary of the Guelph Housing Market Stats for the second quarter of 2019. In General, the Guelph market continues to be strong, and has strengthened even more so than that of the first quarter.

Below are a few of the key metrics for the quarter (relative to Q2, 2018):

  • Median Sale Price was $520,000, which represents a 5.9% increase.
  • Median Days on Market was 15 days, which remains flat.
  • Total number of Sales increased by 10.1%
  • Total number of Listings increased by 7.5%

As you can see, the housing market is very strong in Guelph right now.  Sellers are obtaining top dollar for their homes, and there is an increased amount of inventory for buyers. 

With that said, when we look at different housing types, there is one metric that stands out.  The Median sale Price of Condo Apartments was actually down by 5.6% in the first quarter relative to last year.  If you are a first-time homebuyer or looking to downsize to a condo apartment, now may be a great time to make a move.

CLICK HERE to view the full Guelph Housing Market Report.

If you are thinking about buying or selling in 2019, please give me a call at 519-760-3227.

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