Guelph/Eramosa Real Estate Statistics

Guelph/Eramosa Real Estate Price Trend
Guelph/Eramosa real estate average sold price in the last 30 days (February 27 - March 27) was $1,170,036, which is $166,286 (14.2%) higher than the average price of $1,003,750 in the previous 30 day period (January 28 - February 26), and $2,411 (0.2%) down from the same period 1 year ago ($1,172,447). Guelph/Eramosa real estate prices over the last 30 days are also $83,191 (7.1%) higher than the average selling price of $1,086,845 over the past year.
Guelph/Eramosa average sold price for homes was $1,332,000 in the last 30 days (February 27 - March 27), which is $277,000 (20.8%) up from the average home price of $1,055,000 in the previous 30 day period (January 28 - February 26), and $91,275 (6.9%) higher than the same period 1 year ago ($1,240,725). In the last 30 days Guelph/Eramosa the average home price was $156,521 (11.8%) higher than the average selling price of $1,175,479 over the last 12 months.
Average sold price of Guelph/Eramosa townhouse was $738,133 in the last 30 days (February 27 - March 27), down $111,867 (15.2%) from the average townhome price of $850,000 over the previous 30 days (January 28 - February 26), and $161,200 (21.8%) lower than during to the same period 1 year ago ($899,333). Over the last 30 days the average townhouse price in Guelph/Eramosa was $33,526 (4.5%) lower compared to the average selling price of $771,660 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Guelph/Eramosa real estate was $1,170,036 in the last 30 days (February 27 - March 27), which is collectively $42,018 (3.0%) lower than the average asking price of $1,393,027. This represents a decline of $14,569 (53.1%) compared to $27,449 (2.0%) Sold-Under-Asking price from the previous 30 day period (January 28 - February 26).
The maximum Sold Over/Under Asking ratio in Guelph/Eramosa during the last 12 months was recorded in April, 2023 with an average of $21,040 over the asking price, while the minimum occurring in November, 2023 with $109,564 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Guelph/Eramosa was 61.1% with 11 properties sold and 18 new properties listed in the past 30 days (February 27 - March 27). This represents an increase from 22.2% recorded during the previous 30 day period (January 28 - February 26), and a decrease from 71.4% compared to the same period one year ago.
Over the the last year the highest SNLR in Guelph/Eramosa was 125.0% recorded in December and the lowest was in February at 21.4%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 11 properties that were successfully sold in Guelph/Eramosa in the last 30 days (February 27 - March 27) was 14 days, which is 27 days less than 41 days average in the previous 30 day period (January 28 - February 26) and 22 days shorter than during the same period a year ago (36 days).
There were 3 delisted properties in Guelph/Eramosa, those that got either Expired, Suspended or Terminated over the last 30 days (February 27 - March 27) with an average of 83 days on the market. This is 1 days longer than the average of 82 days during the previous 30 day period (January 28 - February 26) and 32 days less compared to the same period last year average of 115 days on the market.
3 Guelph/Eramosa properties that didn't sell stayed on the market 492.9% longer than 11 that sucessfully sold over the last 30 days - 14 days when sold vs 83 days when delisted respectively.
Average Days on the Market in Guelph/Eramosa over the past 12 months for properties that have sold was 26.9 days, with 58.9 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
18 new properties were listed on the market in Guelph/Eramosa in the last 30 days (February 27 - March 27). During the same time 11 properties were sold and 3 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 4 properties (or 22.2%).
During the previous 30 day period (January 28 - February 26) there were 18 new properties listed, 4 sold and 10 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was September with 35 new properties listed, the slowest - December with 4 new listings and a yearly average of 22 new listings per month.
New Real Estate Listings by Property Type
There were a total of 14 homes listed during the last 30 days (February 27 - March 27), which is 77.8% of all properties listed in Guelph/Eramosa. This is a 6.7% decline compared with a previous 30 day period (January 28 - February 26) and 22.2% down from the same period a year ago. Over the past year an average of 17 homes are were listed per month.
4 townhomes were listed over the last 30 days (February 27 - March 27) in Guelph/Eramosa, which is 22.2% of all new real estate inventory. This is a 100.0% more than during the previous 30 day period (January 28 - February 26) and 33.3% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 4 a month.
Real Estate Sales by Property Type
There were a total of 8 homes sold during the last 30 days (February 27 - March 27), which is 72.7% of all properties sold in Guelph/Eramosa. This is a 166.7% increase compared with a previous 30 day period (January 28 - February 26) and 33.3% down from the same period a year ago. Over the past year an average of 10 homes are were sold per month.
3 townhomes were sold over the last 30 days (February 27 - March 27) in Guelph/Eramosa, which is 27.3% of all sold real estate. This is a 200.0% more than during the previous 30 day period (January 28 - February 26) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 2 a month.
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