City of Guelph Real Estate Market Report – February 2025
As we step into March, let’s take a deep dive into the City of Guelph Real Estate Market Report for February 2025. Whether you’re a homeowner, buyer, or investor, understanding local market trends is key to making informed real estate decisions.
Key Takeaways from February 2025
- Median Sale Price: $777,777 (-0.29% YoY)
- Average Sale Price: $778,662 (-2.69% YoY)
- Total Sales Volume: $91,103,492 (-21.48% YoY)
- Unit Sales: 117 (-19.31% YoY) • New Listings: 268 (+20.72% YoY)
- Expired Listings: 22 (+83.33% YoY)
- Sales-to-Listings Ratio: 43.66% (-21.66% YoY)
Market Overview: A Balanced Real Estate Market
The Guelph real estate market remained balanced throughout February 2025. While prices saw a slight dip, an increase in new listings provided more options for buyers. The sales-to-listings ratio of 43.66% indicates a market that is neither heavily favouring buyers nor sellers, offering opportunities for both
Year-Over-Year Comparisons
| Metric | Feb 2024 | Feb 2025 | % Changer |
|---|---|---|---|
|
Median Sale Price |
$780,000 |
$777,777 |
-0.29% |
|
Average Sale Price |
$800,452 |
$778,662 |
-2.69% |
|
Total Sales Volume |
$116,031,330 |
$91,103,492 |
-21.48% |
|
Unit Sales |
145 |
117 |
-19.31% |
|
New Listings |
222 |
268 |
20.72% |
|
Expired Listings |
12 |
22 |
83.33% |
|
Sales/Listings
Ratio |
65.32% |
43.66% |
-21.66% |
Year-to-Date (YTD) Market Insights
So far in 2025, we’ve seen a decline in sales volume (-11.35%) but a 30.02% increase in new listings, creating a more competitive environment for sellers. The median sale price of $778,889 reflects a 2.35% increase YoY, suggesting some resilience in home values despite overall market adjustments.
| Property Type | Sales Volume | Unit Sales | Average Sale Price |
|---|---|---|---|
|
Freehold |
$67,431,863 (-12.62%) |
76 (-9.52%) |
$872,341 (+6.06%) |
|
Condominium |
$23,671,629 (-21.92%) |
41 (-19.61%) |
$590,280 (-0.26%) |
|
Vacant Land |
$1,200,000 |
1 |
$783,333 |
The freehold market remains strong, with a 6.06% rise in average sale price, while condos have seen a slight decline in value (-0.26%). The increase in available listings means buyers now have more choices, particularly in the condo segment.
Breaking Down the Sales by Property Type
The freehold market remains strong, with a 6.06% rise in average sale price, while condos have seen a slight decline in value (-0.26%). The increase in available listings means buyers now have more choices, particularly in the condo segment.
What This Means for Buyers and Sellers
For Buyers:
✅ More inventory means greater selection and less competition.
✅ Prices have softened slightly, creating opportunities for negotiations.
✅ Mortgage rates remain a crucial factor—work with a mortgage broker to explore your options.
For Sellers:
✅ Pricing strategically is key in this balanced market.
✅ With a 20.72% increase in new listings, standing out is essential—staging, professional photography, and a strong marketing plan are more important than ever.
✅ While the market isn’t as aggressive as 2024, homes priced right are still selling well.
Looking Ahead: March 2025 Market Predictions
• Increased Spring Activity: As we move into spring, we typically see an uptick in market activity. More buyers enter the market, increasing demand.
• Mortgage Rate Sensitivity: Interest rate changes could impact affordability, influencing buyer activity.
• Sellers Adapting: If new listings continue to rise, sellers may need to be more competitive with pricing and presentation.
Final Thoughts
The City of Guelph’s real estate market is entering a period of stability. With more listings available, buyers have greater negotiating power, while sellers still see strong property values. Staying informed and working with a knowledgeable real estate professional is key to making the right move in 2025.
� Looking to buy or sell in Guelph? Let’s chat! Call or text me at 416-846-1342 or visit www.varshapasel.com for expert guidance and local insights. #GuelphRealEstate #GuelphHomesForSale #RealEstateMarketUpdate #OntarioRealEstate #HousingMarketTrends