Guelph/Eramosa Real Estate Statistics

Guelph/Eramosa real estate average sold price in the last 30 days (March 27 - April 25) was $950,000, which is $217,533 (22.9%) lower than the average price of $1,167,533 in the previous 30 day period (February 26 - March 26), and $53,147 (5.6%) up from the same period 1 year ago ($896,853). Guelph/Eramosa real estate prices over the last 30 days are also $134,662 (14.2%) lower than the average selling price of $1,084,662 over the past year.

Guelph/Eramosa average sold price for homes was $1,140,000 in the last 30 days (March 27 - April 25), which is $170,666 (15.0%) down from the average home price of $1,310,666 in the previous 30 day period (February 26 - March 26), and $191,088 (16.8%) higher than the same period 1 year ago ($948,912). In the last 30 days Guelph/Eramosa the average home price was $42,632 (3.7%) lower than the average selling price of $1,182,632 over the last 12 months.

Average sold price of Guelph/Eramosa townhouse was $760,000 in the last 30 days (March 27 - April 25), up $21,867 (2.9%) from the average townhome price of $738,133 over the previous 30 days (February 26 - March 26), and $171,000 (22.5%) lower than during to the same period 1 year ago ($931,000). Over the last 30 days the average townhouse price in Guelph/Eramosa was $1,774 (0.2%) higher compared to the average selling price of $758,226 over the last 12 months.

Average selling price for Guelph/Eramosa real estate was $950,000 in the last 30 days (March 27 - April 25), which is collectively $5,360 (0.4%) higher than the average asking price of $1,284,629. This represents an increase of $44,701 (113.6%) compared to $39,341 (3.0%) Sold-Under-Asking price from the previous 30 day period (February 26 - March 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 (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 33.3% with 10 properties sold and 17 new properties listed in the past 30 days (March 27 - April 25). This represents a decrease from 70.6% recorded during the previous 30 day period (February 26 - March 26), and a decrease from 55.0% 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.

The Average Days on the Market (DOM) for 10 properties that were successfully sold in Guelph/Eramosa in the last 30 days (March 27 - April 25) was 23 days, which is 6 days more than 17 days average in the previous 30 day period (February 26 - March 26) and 1 days shorter than during the same period a year ago (24 days).

There were 22 delisted properties in Guelph/Eramosa, those that got either Expired, Suspended or Terminated over the last 30 days (March 27 - April 25) with an average of 57 days on the market. This is 26 days shorter than the average of 83 days during the previous 30 day period (February 26 - March 26) and 14 days more compared to the same period last year average of 43 days on the market.

22 Guelph/Eramosa properties that didn't sell stayed on the market 147.8% longer than 10 that sucessfully sold over the last 30 days - 23 days when sold vs 57 days when delisted respectively.

Average Days on the Market in Guelph/Eramosa over the past 12 months for properties that have sold was 25.2 days, with 54.4 days for those properties that did not sell.

30 new properties were listed on the market in Guelph/Eramosa in the last 30 days (March 27 - April 25). During the same time 10 properties were sold and 22 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 2 properties (or 6.7%).

During the previous 30 day period (February 26 - March 26) there were 17 new properties listed, 12 sold and 3 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 21 new listings per month.

There were a total of 26 homes listed during the last 30 days (March 27 - April 25), which is 86.7% of all properties listed in Guelph/Eramosa. This is a 85.7% increase compared with a previous 30 day period (February 26 - March 26) and 62.5% up 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 (March 27 - April 25) in Guelph/Eramosa, which is 13.3% of all new real estate inventory. This is a 33.3% more than during the previous 30 day period (February 26 - March 26) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 4 a month.

There were a total of 5 homes sold during the last 30 days (March 27 - April 25), which is 50.0% of all properties sold in Guelph/Eramosa. This is a 44.4% decline compared with a previous 30 day period (February 26 - March 26) and 28.6% down from the same period a year ago. Over the past year an average of 10 homes are were sold per month.

5 townhomes were sold over the last 30 days (March 27 - April 25) in Guelph/Eramosa, which is 50.0% of all sold real estate. This is a 66.7% more than during the previous 30 day period (February 26 - March 26) and 66.7% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 2 a month.