The Guelph real estate market saw solid gains to start 2016. Market stats for Jan 2016 (% increase/decrease vs. Jan 2015):
Freehold (Single Family Homes):
- 142 new listings (+6%)
- 86 homes sold (-12.2%)
- Average selling price: $424,467 (+10.1%)
- 88 new listings (-22.8%)
- 55 condos sold (+61.8%)
- Average selling price: $295,718 (+7.2%)
These value increases in Guelph aren’t surprising given the city’s strong economy, which continues to have the highest employment rate in Canada.
Stats from Matrix OnRegional. Multi-unit, land and commercial properties excluded. Condos include all condo types.