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The Details Matter

Wellington County - January 2026

BUYER’S MARKET

The Wellington County’s real estate market remained firmly in buyer’s market territory this period, as declining sales activity continued to outpace demand. The median sale price fell 10.33% to $725,000, while the average sale price decreased 8.7% to $790,767. Sales volume dropped 40.76% to $86.19M, driven by a 35.12% decline in unit sales to 109 transactions. New listings decreased 10.99% to 413, while expired listings fell 20.79% to 80, indicating some moderation in seller activity.  With a unit sales-to-listings ratio of 26.39%, down 9.81% year over year, conditions continue to favour buyers across Wellington County.

City of Guelph - January 2026

BUYER’S MARKET

The City of Guelph’s real estate market shifted firmly into buyer’s market territory this period, as rising inventory outpaced slowing sales activity. The median sale price declined 7.51% to $724,000, while the average sale price fell 6.06% to $741,343. Sales volume dropped 37.31% to $49.67M, driven by a 34.31% decrease in unit sales to 67 transactions. New listings surged 38.67% to 245, expanding buyer choice, while expired listings declined 17.78% to 37. With a unit sales-to-listings ratio of 27.35%, down 13.29% year over year, conditions clearly favour buyers across the Guelph market.

Centre Wellington - January 2026

Guelph/Eramosa - January 2026

BUYER’S MARKET

Guelph/Eramosa real estate market remained firmly in buyer’s market territory this period, as limited sales activity and rising inventory pressures continued to weigh on conditions. The median and average sale prices both came in at $718,250, declining 25.88% and 35.58% respectively. Sales volume dropped sharply by 85.68% to $1.44M, driven by just two completed transactions, down 77.78% year over year. New listings edged up 5.56% to 19, while expired listings rose 90% to three, indicating growing seller hesitation. With a unit sales-to-listings ratio of 10.53%, down 39.47% from last year, market conditions strongly favour buyers, offering significant leverage in this low-activity market.

Puslinch - January 2026

BUYER'S MARKET

The Puslinch real estate market remained firmly in buyer-friendly territory, as a significant pull-back in buyer activity continued to outweigh available inventory. The median sale price declined 17.78% to $1.30M, while the average sale price fell 8.08% to $1.30M. Sales volume dropped sharply by 63.23% to $2.59M, driven by unit sales decreasing 60% to just two transactions. While new listings decreased 25% to 15, and expired listings fell 58.33% to fi ve, the slow pace of sales continued to expand buyer choice.  With a unit sales-to-listings ratio of 13.33%, down 11.67% year over year, conditions clearly favoured buyers in the Puslinch market.

Hamilton - January 2026

BALANCED MARKET

The Hamilton real estate market remained balanced this period, as moderated pricing and slower sales activity were met with tighter inventory levels. The median sale price declined 7.01% to $663,000, while the average sale price decreased 3.97% to $732,905. Sales volume fell 23.61% to $220,971,527, reflecting a 20.58% decrease in unit sales to 301 transactions. New listings dropped 21.72% to 746, helping keep supply in check, while expired listings declined 18.38% to 111. With a unit sales-to-listings ratio of 40.35%, up 0.58% year over year, conditions continue to reflect a balanced market, supporting both buyers and sellers who remain well-positioned.

Halton Hills - January 2026

BUYER’S MARKET

The Halton Hills’ real estate market is clearly a buyer’s market this period as activity cooled across several key metrics. The median sale price dipped 1.44% to $1,030,000, while the average sale price fell 4.26% to $1,055,259. Both sales volume and unit sales experienced significant contractions, falling 42.56% to $28.49M and 40% to 27 transactions respectively. The unit sales-to-listings ratio dropped to 29.03%, a 15.97% year-over-year decrease that solidifies buyer-favourable conditions and provides purchasers with increased leverage.

Waterloo - January 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 - January 2026

BUYER’S MARKET

Cambridge’s real estate market shifted firmly into buyer’s market territory this period, as declining prices and softer sales activity continued to shape conditions. The median sale price fell 8.21% to $642,500, while the average sale price dropped 10.94% to $669,011.  Sales volume decreased significantly by 40.02% to $44.15M, largely driven by a 32.65% decline in unit sales to 66 transactions. New listings were down 17.54% to 188, though inventory levels remained elevated relative to demand. Expired listings declined 32.35% to 23, indicating some seller pullback. With a unit sales-to-listings ratio of 35.11%, down 7.88% year over year, market conditions clearly favour buyers, offering increased negotiating power and greater choice across the Cambridge market.