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The Details Matter

Wellington County - May 2025

BUYER’S MARKET

The Wellington County real estate market leaned further into buyer-friendly territory this May, despite modest gains in pricing. The median sale price rose 3.21% to $805,000, and the average sale price climbed 3.42% to $868,294. However, overall activity softened, with unit sales down 4.18% to 298 and sales volume dipping 0.9% to $258.75M. New listings increased by 24.07%, expanding inventory, while expired listings surged 68.57%, pointing to longer selling times. With a unit sales-to-listings ratio of 34.41%, conditions remain favourable for buyers.

City of Guelph - May 2025

BUYER’S MARKET

The City of Guelph’s real estate market leaned further into buyer-friendly territory in May. The median sale price rose 1.72% to $798,500, while the average sale price dipped 1.27% to $823,518.  Sales volume declined 6.66%, with unit sales down 5.46% to 173.  Meanwhile, new listings surged by 17.59% and expired listings jumped 425%, increasing choice for buyers. With a unit sales-to-listings ratio of 38.62%, Guelph continues to present more opportunity for buyers in an increasingly competitive market.

Centre Wellington - May 2025

Guelph/Eramosa - May 2025

BUYER’S MARKET

The real estate market in Guelph/Eramosa remained tilted in favour of buyers this May, despite stronger pricing and sales growth. The median sale price jumped 28.02% to $1,165,000, and the average rose 17.07% to $1,151,181. Sales volume surged 56.09%, driven by a 33.33% increase in unit sales to 16 transactions. New listings edged up 2.08%, while expired listings doubled. With a unit sales-to-listings ratio of 32.65%, conditions still lean toward a buyer’s market, though activity is picking up.

Puslinch - May 2025

BUYER'S MARKET

The Puslinch real estate market saw solid price growth in May, but conditions still favoured buyers. The median sale price rose 19.63% to $1,600,000, while the average reached $1,556,444—an 18.61% increase year-over-year. Sales activity picked up modestly, with 9 homes sold and overall sales volume climbed 33.43%. However, a 22.22% surge in new listings kept the market supply strong, and the unit sales-to-listings ratio dropped slightly to 20.45%, reinforcing buyer-friendly conditions in this slower-paced, high-value market.

Hamilton - May 2025

BUYER’S MARKET

The Hamilton real estate market remained in buyer-friendly territory this May, though it’s edging closer to balanced conditions. The median sale price dipped 5.3% to $715,000, and the average sale price fell 4.13% to $781,466. Sales volume declined 9.06%, with 609 homes sold—down 5.14% from last year. Meanwhile, new listings rose 9.12%, and expired listings nearly doubled, up 95.71%, increasing available inventory. With a unit sales-to-listings ratio of 39.14%, the market still favours buyers but sits just shy of balance.

Halton Hills - May 2025

BUYER’S MARKET

The Halton Hills real estate market remained in buyer-friendly territory this May, even as prices saw notable year-over-year increases. The median sale price rose 12.41% to $1,055,000, and the average sale price climbed 10.77% to $1,160,010. However, sales activity slowed, with unit sales down 1.43% to 69 transactions. New listings surged 43.6% to 247, significantly boosting inventory, while expired listings jumped 125%, pointing to longer selling times. The unit sales-to-listings ratio dropped to 27.94%, firmly positioning the market in favour of buyers.

Waterloo - May 2025

BALANCED MARKET

The Waterloo Region real estate market remained in balanced territory this May, despite slight cooling in prices and sales. The median sale price declined 2.63% to $740,000, while the average dipped 3.22% to $789,154. Sales volume dropped 10.99%, with unit sales down 8.03% to 676 transactions. New listings rose modestly by 1.53%, while expired listings more than doubled, up 115.94%.  With a unit sales-to-listings ratio of 40.67%, the market continues to offer stable opportunities for both buyers and sellers.

Cambridge - May 2025

BALANCED MARKET

Cambridge’s real estate market continued to soften in May, with prices and sales activity trending downward. The median sale price declined 6.41% to $730,000, while the average fell 7.68% to $764,191. Sales volume was down 16.91% to $130.68M, and unit sales dropped 10% to 171 transactions. New listings dipped 4.61%, and expired listings rose 27.27%, reflecting longer selling times.  With a unit sales-to-listings ratio of 43.51%, the market remains balanced, offering steady opportunities for both buyers and sellers.