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In this episode, Ryan gives an update on Guelph real estate sales for the period of May 1- 31, 2025.

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May 1- 17 sales update:

There were 100 units changing hands in the Guelph real estate market during the period of May 1-17. This translates to about 5.9 sales per day. Although on the lighter end, it's getting very close to an acceptable average.

Here are previous May sales numbers:

May 2020: 5.0 houses per day average (*early COVID 19 pandemic)

May 2021: 9.0

May 2022: 6.2

May 2023: 6.5

May 2024: 6.1

May 1-17, 2025: 5.9

What sold in the Guelph real estate market during the period?

• 26 were condo/ townhouse/ stacked townhouse (properties with fees)
• 74 were detached and semi detached (properties without fees or "freehold")

Condos/ townhouses/ stacked townhouses:

Of the 26 units that sold:

$365,500 was the low price

$1,080,000 was the high price

Overall average was just over $578,000 (trend is decreasing)

Total homes sold at an average of 97.1% of the original asking

2 of the 26 units sold over asking (8%)

1 sold at the asking (4%)

23 sold under the asking (88%)

This is consistent with our predictions for this segment, in particular the stacked townhouse segment that is strugging with oversupply. The supply should increase over the next few months as warmer weather returns and many projects complete. Ths will continue for years with a number of projects in all areas of Guelph coming to completion. Of course, this isn't EVERY unit, it's just overall.

If you're a buyer in this segment, you have more power than you've had in years to negotiate. However, sellers still have expectations on sale prices vs recent comparables.

The overall % of asking remains consistent at arounf 97% of asking. This means that on average, there is 3% negotiation room on the asking prior. However, it's to be noted that this is an average and not an expectation. The % asking is also calculated from the last posted listing price, not the original listing price.

Detached/ semi detached freehold

Of the 74 units that sold:

$450,000 was the low price

$1,961,300 was the high price

Overall average was $937,000

Total homes sold at an average of 98.9% of the last listed asking price

26 of the 74 sold over asking (35%)

9 sold at the asking (12%)

39 sold under the asking

You can always get touch with Beth and Ryan Waller on their website

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Today Ryan discusses the first 10 days of May in Guelph real estate, along with an overview of the Jan- April period.

Overall the market is cautious, with sales below annual averages for the same periods.

Sales of detached homes between $800-$1M seem to be moving very quickly, while some buyers are taking advantage of slower sales above $1M.

You can always get touch with Beth and Ryan Waller on their website

April/ May/ June sales volumes historically make up 35-38% of total annual sales despite only representing 25% of the months. This means that it's more likely a transaction will happen during this time than any other period in the year.

However, for sales to happen, buyers and sellers needs to come together to agree on price/ conditions/ closing dates and more. This has been the challenge so far this year in Guelph real estate. Buyers are expecting more details, while sellers are reluctant to reduce their sale prices.

What are we likely to see in spring 2025 Guelph real estate?

You can always get touch with Beth and Ryan Waller on their website

Send us a text

This week, Ryan discusses a variety of topics related to Guelph real estate including:

- Q1 2025 sales results are in: down vs 2024

- April 2025 sales off to a decent start w/ 57 sales (5.2 sales/day)

- Look into emerging trends

More at Beth and Ryan's Guelph real estate blog

You can always get touch with Beth and Ryan Waller on their website

This week, Ryan discusses a variety of topics related to Guelph real estate including:

- news regarding tariffs and the direct impact on Guelph real estate

- Q1 2025 sales results are down vs 2024

- April 2025 sales off to a decent start

- 1 tip for buyers in this market

- 1 tips for sellers in this market

More at Beth and Ryan's Guelph real estate blog:

You can always get touch with Beth and Ryan Waller on their website

This week we look at weekly Guelph real estate sales for the period of Mar 23- 29, 2025. Additionally, because we're almost at the end of the month, Ryan provides an update on where the month is likely to roll in!

What sold in the Guelph real estate market during the period?

• 10 were condo/ townhouse/ stacked townhouse (properties with fees)
• 21 were detached and semi detached (properties without fees or "freehold")

For the period of March 2025 vs March 2024:

- $ volume -24% (all sale prices added together)

- unit volume -24% (# of houses sold)

- avg price declines of -5%

You can always get touch with Beth and Ryan Waller on their website

This week, Ryan talks about the sales in Guelph real estate from the period of March 16-22, 2025.

Key points:

30 sales this past week: 18 in the detached homes segment and 12 in condo/ townhouse. This brings the monthly total to 88 units or (3.9 sales/day) are far below previous March sales

You can always get touch with Beth and Ryan Waller (https://bethandryan.ca/contact-us/) on their website

You can always get touch with Beth and Ryan Waller on their website