May 2025 Guelph Real Estate Market Update: A Comprehensive Look at the Latest Trends
- sebturini
- 17 hours ago
- 3 min read
As the spring market winds down, May 2025 has brought some notable shifts in Guelph’s housing landscape. After a slight rebound in April, the market has cooled again—putting more power in the hands of buyers. If you’re navigating real estate in Guelph right now—whether buying, selling, or simply staying informed—here’s everything you need to know.
Guelph Home Prices: Slipping in Most Segments
The median sale price in Guelph fell across several housing types in May:
Detached homes: $875,000 (▲ 2.35% month-over-month, ▼ 1% year-over-year)
Townhomes/Links: $700,000 (▼ 3.45% M/M and Y/Y)
Condos: $537,000 (▼ 0.54% M/M, ▼ 12.68% Y/Y)
While detached homes saw a small monthly bump, townhomes and condos continue to feel downward pressure—particularly condos, which have been hit hardest over the past year.
This aligns with a regional trend: 1–3% price drops across most property types year-over-year, with double-digit declines in condos and townhomes in many markets.
Sales Volume: Demand Softens
Sales activity is also showing clear signs of cooling:
Detached: 65% of all Guelph sales, ▼ 6% Y/Y
Townhomes/Links: 20% of sales, ▼ 30% Y/Y
Condos: 15% of sales, ▼ 29% Y/Y
Compared to May 2024, unit sales are down across the board, with townhomes and condos again taking the brunt of the decline. This slowdown in sales and not a flood of new listings, is the main driver behind falling prices.
Guelph Housing Inventory & Sales-to-New-Listing Ratio
Guelph's sales-to-new-listing ratio now sits at 0.37, down 14.88% from April and 29% year-over-year. This places Guelph firmly in buyer’s market territory (typically defined as below 0.4).
In short: more listings are hitting the market than buyers are absorbing, giving house hunters more choice—and more negotiating power.
Time on Market: Days Increasing
As market momentum slows, homes are also taking longer to sell. The median days on market across the region are creeping up to 2–3 weeks. This marks a return to more balanced, even slower market conditions—unlike the frenzy of the past few years when homes were selling in days (sometimes hours).
Inventory Trends Across the Region
Guelph isn’t alone in this shift:
New listings across the region are down 15% year-over-year
Sales are down even more—26% year-over-year
Months of inventory have reached a 10-year high, surpassing even 2014–2015 levels
In nearby Kitchener, condo prices have dropped to pre-COVID levels
This growing gap between supply and demand is what's pushing prices downward and reinforcing a buyer-friendly environment.
So, What Does This Mean for You?
If You’re Buying in Guelph:
This could be the window you’ve been waiting for. With more inventory, longer days on market, and motivated sellers, buyers have more leverage than we’ve seen in years. Condos and townhomes, in particular, may offer great value right now.
But don’t wait too long—these opportunity windows don’t last forever. If interest rates shift again or if inventory tightens, buyer conditions may quickly disappear. As CBC recently noted, market balance rarely stays static.
If You’re Selling in Guelph:
You’ll need to be strategic. With longer days on market and rising inventory, pricing right is critical. Presentation, marketing, and professional guidance can make a huge difference. Homes are still selling—just not as fast, and not as competitively as during the pandemic-era boom.
Educate, Don’t Hesitate
As always, I believe that knowledge is power in real estate. Whether you’re buying your first home, upgrading, or selling an investment property, understanding the numbers helps you make smart, confident moves.
Let’s talk about how this market impacts your specific goals—because even in a shifting market, there’s always opportunity for those who are prepared.
📞 Have questions about buying, selling, or investing in Guelph? Let’s connect and walk through your options with clarity and strategy.
Sebastien Turini Your Guelph Real Estate Expert
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