Скачать или смотреть Guelph Housing Market Stats - April 2021

This video provides a summary of the Guelph housing market stats for the month of April, 2021. While the market is still a hot seller’s market, we are starting to see signs that it may be cooling down. Lets take a look at some of the key metrics (relative to April, 2020):

Median Sales Price was $710,900 - ↑ 31.6%
Median Days on Market was 7 days – ↓ 7 days
Total Number of Sales was 308 - ↑ 258.1%
Total Number of Listings was 394 - ↑ 131.8%

Median sales price is up considerably from April of 2020, but an interesting thing to note is that prices are down by about 1% since last month. It is also important to note that the sales and listings figures are skewed by what happened in April 2020. That was the first full month of the pandemic, when real estate was essentially put on pause as a result of the first lockdown.

I am happy to see that new listings are starting to outpace sales. This is an important stat that may result in a more balanced market with less bidding wars on homes. We all know that buyers could use a break right now, and be awarded with a better chance of obtaining the homes that they want.

If you have any questions about the market, or are thinking about buying or selling, please feel free to reach out to me.

Jeff Moisan
Real Estate Broker
Home Group Realty Inc.
[email protected]
519-760-3227
jeffmoisan.com