Guelph/Eramosa Real Estate Statistics
Guelph/Eramosa Real Estate Price Trend
Guelph/Eramosa real estate average sold price in the last 30 days (January 21 - February 19) was $1,089,916, which is $448,754 (41.2%) higher than the average price of $641,162 in the previous 30 day period (December 22 - January 20), and $256,334 (23.5%) down from the same period 1 year ago ($1,346,250). Guelph/Eramosa real estate prices over the last 30 days are also $50,133 (4.6%) higher than the average selling price of $1,039,783 over the past year.
Guelph/Eramosa average sold price for homes was $1,114,100 in the last 30 days (January 21 - February 19), which is $455,126 (40.9%) up from the average home price of $658,974 in the previous 30 day period (December 22 - January 20), and $397,566 (35.7%) lower than the same period 1 year ago ($1,511,666). In the last 30 days Guelph/Eramosa the average home price was $12,852 (1.2%) lower than the average selling price of $1,126,952 over the last 12 months.
Average sold price of Guelph/Eramosa townhouse was $969,000 in the last 30 days (January 21 - February 19), up $501,500 (51.8%) from the average townhome price of $467,500 over the previous 30 days (December 22 - January 20), and $119,000 (12.3%) higher than during to the same period 1 year ago ($850,000). Over the last 30 days the average townhouse price in Guelph/Eramosa was $191,029 (19.7%) higher compared to the average selling price of $777,971 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Guelph/Eramosa real estate was $1,089,916 in the last 30 days (January 21 - February 19), which is collectively $36,250 (3.3%) lower than the average asking price of $1,094,870. This represents a decline of $8,816 (32.1%) compared to $27,434 (2.2%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
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 October, 2024 with $60,852 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 60.0% with 6 properties sold and 9 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 477.8% recorded during the previous 30 day period (December 22 - January 20), and an increase from 21.1% 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 November at 24.4%. 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 6 properties that were successfully sold in Guelph/Eramosa in the last 30 days (January 21 - February 19) was 48 days, which is 13 days less than 61 days average in the previous 30 day period (December 22 - January 20) and 20 days longer than during the same period a year ago (28 days).
There were 5 delisted properties in Guelph/Eramosa, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 58 days on the market. This is 13 days shorter than the average of 71 days during the previous 30 day period (December 22 - January 20) and 19 days less compared to the same period last year average of 77 days on the market.
5 Guelph/Eramosa properties that didn't sell stayed on the market 20.8% longer than 6 that sucessfully sold over the last 30 days - 48 days when sold vs 58 days when delisted respectively.
Average Days on the Market in Guelph/Eramosa over the past 12 months for properties that have sold was 27.5 days, with 65.5 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
10 new properties were listed on the market in Guelph/Eramosa in the last 30 days (January 21 - February 19). During the same time 6 properties were sold and 5 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 1 properties (or 10.0%).
During the previous 30 day period (December 22 - January 20) there were 9 new properties listed, 43 sold and 37 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 12 new listings and a yearly average of 29 new listings per month.
New Real Estate Listings by Property Type
There were a total of 10 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Guelph/Eramosa. This is a 25.0% increase compared with a previous 30 day period (December 22 - January 20) and 37.5% down from the same period a year ago. Over the past year an average of 25 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 5 homes sold during the last 30 days (January 21 - February 19), which is 83.3% of all properties sold in Guelph/Eramosa. This is a 87.2% decline compared with a previous 30 day period (December 22 - January 20) and 66.7% up from the same period a year ago. Over the past year an average of 96 homes are were sold per month.
1 townhomes were sold over the last 30 days (January 21 - February 19) in Guelph/Eramosa, which is 16.7% of all sold real estate. This is a 75.0% less than during the previous 30 day period (December 22 - January 20) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 13 a month.