Royal LePage Royal City Realty
The Details Matter

Wellington County - April 2026

BUYER’S MARKET

Wellington County remained firmly in buyer’s market territory this period, as increased inventory and softer pricing continued to favour purchasers.  The median sale price declined 5.25% to $743,750, while the average sale price decreased 4.62% to $794,772, reflecting overall price softening. Sales volume fell 5.76% to $197.10M, alongside a modest 1.2% dip in unit sales to 248 transactions. At the same time, new listings climbed 13.65% to 816 and expired listings rose 27.42% to 79, highlighting growing competition among sellers. With a unit sales-to-listings ratio of 30.39%, down 4.57% year over year and well below the 39% threshold, conditions continue to strongly favour buyers across Wellington County.

City of Guelph - April 2026

BUYER’S MARKET

The City of Guelph remained in buyer’s market territory this period, as declining sales activity and a surge in new inventory continued to favour purchasers. The median sale price dropped 5.47% to $735,000, while the average sale price decreased 5.15% to $747,875, reflecting widespread price softening. Sales volume fell 11.39% to $106.20M, driven by a 6.58% decline in unit sales to 142 transactions.  Meanwhile, new listings jumped 16.93% to 399 and expired listings surged 48.28% to 43, highlighting increased competition and slower absorption across the market. With a unit sales-to-listings ratio of 35.59%, down 5.94% year over year and below the 39% threshold, conditions continue to favour buyers throughout the City of Guelph.

Centre Wellington - April 2026

Guelph/Eramosa - April 2026

BUYER’S MARKET

Guelph/Eramosa remained in buyer’s market territory this period, as rising inventory levels and declining prices continued to favour purchasers despite a pickup in sales activity. The median sale price dropped 13.37% to $875,000, while the average sale price fell sharply by 23.59% to $868,685, reflecting notable downward pressure on pricing. Sales volume increased 24.16% to $11.29M, driven by a 62.5% jump in unit sales to 13 transactions; however, this activity remains relatively low overall. New listings climbed 35% to 54, while expired listings rose significantly by 200% to 3, pointing to increased competition and slower absorption. With a unit sales-to-listings ratio of 24.07%, up 4.07% year over year but still well below the 39% threshold, conditions continue to strongly favour buyers across Guelph/Eramosa.

Hamilton - April 2026

BALANCED MARKET

The Hamilton real estate market remained in balanced market territory this period, as relatively steady inventory levels and moderate sales activity kept conditions near equilibrium. The median sale price declined 3.31% to $700,000, while the average sale price decreased 2.18% to $777,484, reflecting slight downward pressure on pricing. Sales volume fell 6.37% to $398.85M, alongside a 4.29% decrease in unit sales to 513 transactions. New listings edged down 3.84% to 1,301, while expired listings dropped 10.83% to 107, indicating slightly improved absorption. With a unit sales-to-listings ratio of 39.43%, down just 0.18% year over year and sitting right at the threshold, conditions continue to reflect a balanced and stable market across Hamilton.

Halton Hills - April 2026

BUYER’S MARKET

Halton Hills remained in buyer’s market territory this period, as softer demand and increased competition continued to favour purchasers. The median sale price declined 7.22% to $890,650, while the average sale price held relatively steady, up slightly by 0.32% to $1,074,350. Sales activity slowed, with unit sales down 18.64% to 48 and overall sales volume falling 18.38% to $51.57M. While new listings decreased 11.76% to 165, expired listings rose 11.11% to 10, highlighting ongoing challenges for some sellers. With a unit sales-to-listings ratio of 29.09%, well below the 39% threshold, Halton Hills remains firmly in buyer’s market conditions.

Waterloo - April 2026

BALANCED MARKET

The Waterloo Region real estate market remained in buyer’s market territory this period, as declining sales activity continued to outweigh demand. The median sale price fell 7.64% to $665,000, while the average sale price decreased 2.77% to $734,053. Sales volume declined 29.43% to $177.94M, driven by a 27.25% drop in unit sales to 243 transactions. New listings decreased 20.87% to 728, while expired listings fell 32.62% to 95, signalling some easing in seller activity. With a unit sales-to-listings ratio of 33.38%, down 2.93% year over year, conditions continue to favour buyers across the Waterloo market.

Cambridge - April 2026

BALANCED MARKET

Cambridge’s real estate market remained in balanced market territory this period, as stable sales activity and a slight pullback in new listings helped maintain equilibrium between buyers and sellers. The median sale price declined 4.36% to $680,000, while the average sale price dipped 2.85% to $738,917, reflecting moderate price adjustments. Sales volume edged down 2.24% to $118.23M, despite a slight 0.63% increase in unit sales to 160 transactions. New listings decreased 8.92% to 337, tightening supply, while expired listings rose 13.64% to 25. With a unit sales-to-listings ratio of 47.48%, up 4.50% year over year and sitting within balanced market range, conditions continue to reflect a stable and competitive environment across Cambridge.

Puslinch - April 2026

BUYER'S MARKET

The Puslinch real estate market remained in buyer’s market territory this period, as increased inventory levels continued to outweigh gains in sales activity, keeping conditions in favour of purchasers. The median sale price surged 33.09% to $1,830,000, while the average sale price rose 22.93% to $1,598,656, reflecting strength in higher-end transactions. Sales volume climbed 58.05% to $14.39M, supported by a 28.57% increase in unit sales to 9 transactions, though overall activity remains relatively low. New listings increased 30% to 26, while expired listings doubled to 4, pointing to continued competition among sellers. With a unit sales-to-listings ratio of 34.62%, down 0.38% year over year and below the 39% threshold, conditions continue to favour buyers across Puslinch.