July 1-31 sales update:
July statistically tends to start the slow decline in sales for the remainder of the calendar year. As families tend to go on vacation in July and August, transaction volume declines to less than average sales per day.
Here are previous July sales numbers:
July 2020: 9.0 houses per day average
July 2021: 6.7
July 2022: 4.2
July 2023: 5.2
July 2024: 4.7
July 2025: 5.2
From this, you can see that July 2025 outperformed 2024. But, it’s not like it’s a huge month vs prior years. It falls more in line with 2023.
What sold in the Guelph real estate market during the period?
Condos/ townhouses/ stacked townhouses:
Of the 50 units that sold:
$360,000 was the low price (Onward Willow condo)
$1,675,000 was the high price (Downtown Guelph condo)
Overall average was just over $609,743 (trend is slightly dow, without the $1.675M sale the average would be $588K)
Total homes sold at an average of 97.8% of the original asking- in line with prior sales
7 of the 50 units sold over asking (14%)
3 sold at the asking (6%)
40 sold under the asking (80%)
Detached/ semi detached freehold
Of the 112 units that sold:
$402,000 was the low price (Dovercliffe)
$1,625,000 was the high price (Downtown Guelph)
Overall average was $861,000 (decrease from June $924K)
Total homes sold at an average of 98.3% of the last listed asking price
19 of the 112 sold over asking (17%)
10 sold at the asking (9%)
83 sold under the asking (74%)
Need more info on the Guelph real estate market? Get in touch with Beth and Ryan Waller at https://bethandryan.ca
You can always get touch with Beth and Ryan Waller on their website
