Guelph/Eramosa Real Estate Statistics

Guelph/Eramosa real estate average sold price in the last 30 days (December 5 - January 3) was $593,872, which is $488,666 (82.3%) lower than the average price of $1,082,538 in the previous 30 day period (November 5 - December 4), and $662,128 (111.5%) down from the same period 1 year ago ($1,256,000). Guelph/Eramosa real estate prices over the last 30 days are also $464,993 (78.3%) lower than the average selling price of $1,058,865 over the past year.

Guelph/Eramosa average sold price for homes was $614,695 in the last 30 days (December 5 - January 3), which is $565,605 (92.0%) down from the average home price of $1,180,300 in the previous 30 day period (November 5 - December 4), and $771,555 (125.5%) lower than the same period 1 year ago ($1,386,250). In the last 30 days Guelph/Eramosa the average home price was $520,106 (84.6%) lower than the average selling price of $1,134,801 over the last 12 months.

Average sold price of Guelph/Eramosa townhouse was $409,255 in the last 30 days (December 5 - January 3), down $347,411 (84.9%) from the average townhome price of $756,666 over the previous 30 days (November 5 - December 4), and $325,745 (79.6%) lower than during to the same period 1 year ago ($735,000). Over the last 30 days the average townhouse price in Guelph/Eramosa was $308,218 (75.3%) lower compared to the average selling price of $717,473 over the last 12 months.

Average selling price for Guelph/Eramosa real estate was $593,872 in the last 30 days (December 5 - January 3), which is collectively $9,677 (1.0%) lower than the average asking price of $956,112. This represents an increase of $41,707 (81.2%) compared to $51,384 (3.8%) Sold-Under-Asking price from the previous 30 day period (November 5 - December 4).

The maximum Sold Over/Under Asking ratio in Guelph/Eramosa during the last 12 months was recorded in April, 2024 with an average of $10,726 over the asking price, while the minimum occurring in January, 2024 with $103,939 below the asking price.

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 13,225.0% with 1,058 properties sold and 52 new properties listed in the past 30 days (December 5 - January 3). This represents an increase from 25.0% recorded during the previous 30 day period (November 5 - December 4), and an increase from 125.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Guelph/Eramosa was 5,584.2% 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.

The Average Days on the Market (DOM) for 1,058 properties that were successfully sold in Guelph/Eramosa in the last 30 days (December 5 - January 3) was 32 days, which is 6 days more than 26 days average in the previous 30 day period (November 5 - December 4) and 11 days longer than during the same period a year ago (21 days).

There were 572 delisted properties in Guelph/Eramosa, those that got either Expired, Suspended or Terminated over the last 30 days (December 5 - January 3) with an average of 92 days on the market. This is 8 days longer than the average of 84 days during the previous 30 day period (November 5 - December 4) and 8 days more compared to the same period last year average of 84 days on the market.

572 Guelph/Eramosa properties that didn't sell stayed on the market 187.5% longer than 1,058 that sucessfully sold over the last 30 days - 32 days when sold vs 92 days when delisted respectively.

Average Days on the Market in Guelph/Eramosa over the past 12 months for properties that have sold was 28.7 days, with 69.6 days for those properties that did not sell.

8 new properties were listed on the market in Guelph/Eramosa in the last 30 days (December 5 - January 3). During the same time 1,058 properties were sold and 572 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 1622 properties (or 20,275.0%).

During the previous 30 day period (November 5 - December 4) there were 52 new properties listed, 13 sold and 42 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 46 new properties listed, the slowest - January with 13 new listings and a yearly average of 28 new listings per month.

There were a total of 7 homes listed during the last 30 days (December 5 - January 3), which is 87.5% of all properties listed in Guelph/Eramosa. This is a 84.4% decline compared with a previous 30 day period (November 5 - December 4) and 75.0% up from the same period a year ago. Over the past year an average of 24 homes are were listed per month.

There were a total of 946 homes sold during the last 30 days (December 5 - January 3), which is 89.4% of all properties sold in Guelph/Eramosa. This is a 9,360.0% increase compared with a previous 30 day period (November 5 - December 4) and 23,550.0% up from the same period a year ago. Over the past year an average of 88 homes are were sold per month.

108 townhomes were sold over the last 30 days (December 5 - January 3) in Guelph/Eramosa, which is 10.2% of all sold real estate. This is a 3,500.0% more than during the previous 30 day period (November 5 - December 4) and 10,700.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 12 a month.