Lorna Ronald
Sales Representative
Mobile: 519.831.4658
Phone: 519.821.6191
Royal LePage Royal City Realty
The Details Matter
Market Reports
Wellington County - August 2023
SELLER’S MARKET
Wellington County real estate remains a seller’s market this month despite inventory being higher than they were this time last year. Though both unit sales and sales volume are lower then they were last month, they are still both higher than August of 2022, showing that this market is stabilizing, and is just seeing a normal dip that happens during this time of year.
City of Guelph - August 2023
SELLER’S MARKET
The City of Guelph real estate market continues to be a seller’s market this month, as a lack of inventory further pushes the market. Despite the lack of inventory, monthly sales volume and unit sales, as well as median and average sale prices were higher than they were in August of last year.
Centre Wellington - August 2023
SELLER’S MARKET
Centre Wellington remains a seller’s market this month as the lack of inventory continues to uphold the market. We are seeing a consistent jump in both unit sales and sales volume this month, and median and average sale prices have either caught up, or surpassed what they were in August of 2022.
Guelph/Eramosa - August 2023
BALANCED MARKET
The real estate market in Guelph/Eramosa remains a balanced market this month due to the fluctuation in inventory. Average and median sale prices have dropped a bit compared to last year, likely caused by the small jump in inventory. It is important to note that this market is smaller, and more prone of erratic change.
Puslinch - August 2023
BALANCED MARKET
The Puslinch real estate market remains a balanced market in August. Though they continue to rise above where they were last month, the average and median sale prices remain below where they were last year due to the volatility of this market. It is good to keep in mind that since this market is smaller, it is more prone to erratic change.
Halton Hills - August 2023
BALANCED MARKET
The Real Estate market in Halton Hills remains high balanced this month. Monthly average median sale prices continue to rise higher than they were last year, but the year to date average and median sale prices have yet to catch up.
Hamilton - August 2023
BALANCED MARKET
The Hamilton real estate market remains in a balanced market this month. Monthly median and average sale prices are still higher than they were last year, showing that this market is still on a solid foundation.
Waterloo - August 2023
SELLER’S MARKET
The Waterloo region real estate market remains a seller’s market this month. A lack of inventory continues to push the market despite seeing more new listings than we did this time last year. Average and median sale prices also remain higher than this time last year.