June 2025 Guelph Real Estate Market Update: Signs of Balance Amid Shifting Momentum

The Guelph real estate market continues its shift toward more balanced conditions as we move into the heart of summer 2025. After a turbulent few years marked by extreme seller dominance and later, hesitant buyer re-entry, June has brought signs of steadying.

Whether you're actively house-hunting, considering listing your home, or simply keeping a pulse on the market, here’s everything you need to know about what’s happening locally right now.

List-to-Sale Ratios Climb, Signalling a Move Toward Balance Guelph Real Estate Market

One of the most encouraging metrics for market watchers this month is the list-to-sale ratio, which has risen to 0.44 in Guelph—up 19.93% month-over-month, but down 27% year-over-year. This brings the region much closer to a balanced market, typically considered a ratio between 0.40 and 0.60.

In simpler terms, more of the homes being listed are actually selling—indicating that demand is picking back up and buyers are engaging with the market again, albeit cautiously.

Inventory Levels Leveling Off

After several months of increasing inventory, June 2025 shows signs of a plateau. Sellers appear to be pumping the brakes on new listings, likely due to seasonal timing and lingering uncertainty around interest rates and pricing.

This moderation in new supply is helping prevent significant price drops—despite slightly softer demand compared to last year. While we’re no longer in an overheated market, we’re also not seeing a flood of new inventory pushing prices downward.

Condo Market: Still Better Than the GTA

While the GTA continues to grapple with a glut of condo inventory (some regions reporting up to 60 months of supply), Guelph’s condo market is holding steady around 9 months of supply. That’s still high by local standards, but significantly healthier compared to nearby urban centres.

The median condo sale price in Guelph fell to $507,000, down 5.59% month-over-month and 3.43% year-over-year, reflecting softening buyer demand in this segment. However, condo sales volume was up 100% from May, suggesting that affordability is beginning to attract new buyers into the segment.

Prices: Slipping, But No Drastic Drops

Across most property types, prices in Guelph have slipped modestly:

• Detached homes: $899,900 (▲ 2.85% M/M, ▲ 4% Y/Y)

• Townhomes/Links: $691,000 (▼ 1.29% M/M, ▼ 4.69% Y/Y)

• Condos: $507,000 (▼ 5.59% M/M, ▼ 3.43% Y/Y)

Overall, we’re seeing a mild downward trend in pricing, particularly in condos and townhomes, while detached homes are holding stronger due to limited supply and steady demand.

It’s still very much a buyer-friendly market, but without the sharp corrections some had predicted. Strategic buyers have more room to negotiate, while sellers who price competitively are still closing deals.

What This Means for Buyers

For buyers, this is a moment of opportunity. With increased inventory, slower price growth, and a more balanced pace of sales, buyers finally have time and leverage. Bidding wars are no longer the norm, and in some cases, conditional offers are back on the table.

If you’ve been waiting for the right time to enter the market, this could be it—especially in the condo or townhouse segment, where pricing has softened the most.

What This Means for Sellers

Sellers should expect longer days on market and more negotiating, especially in the condo and townhouse categories. That said, well-maintained, well-priced detached homes are still moving, especially in family-friendly neighbourhoods.

If you're selling, professional staging, strategic pricing, and strong marketing are essential to stand out in a more competitive landscape. Properties that are overpriced or under-presented are likely to sit longer or require price reductions.

A Return to Real Estate Fundamentals

In many ways, the June 2025 Guelph real estate market feels like a return to the fundamentals—balanced conditions, steady movement, and buyer due diligence. While we’re no longer in a speculative, high-speed market, we are in one where well-informed decisions are rewarded.

Thinking About Buying or Selling in Guelph?

As your trusted local REALTOR®, I can help you navigate these shifting market conditions with clarity and confidence. Whether you're buying your first home, selling an investment property, or curious about your home's current value, I’m here to provide the insights and strategy you need.

📞 Let’s chat about your next move. Contact me today or visit www.sebtherealtor.com to schedule a consultation.