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The Details Matter

Wellington County - March 2026

BUYER’S MARKET

Wellington County remained in buyer’s market territory this March, as softer sales activity and steady inventory levels continued to favour purchasers.  The median sale price edged down 0.39% to $757,000, while the average sale price increased 5.15% to $869,738, reflecting strength in higher-priced segments. Sales volume declined 11.57% to $174.82M, driven by a 15.9% drop in unit sales to 201 transactions. New listings remained relatively stable, down just 0.49% to 614, while expired listings decreased 3.92% to 49. With a unit sales-to-listings ratio of 32.74%, down 6.00% year over year and below the 39% threshold, conditions continue to favour buyers across Wellington County.

City of Guelph - March 2026

BUYER’S MARKET

The City of Guelph remained in buyer’s market territory this period, as rising inventory and declining sales activity continued to shift leverage toward purchasers. The median sale price edged down 0.26% to $737,579, while the average sale price saw a slight increase of 0.41% to $775,757. Sales volume dropped 19.96% to $85.33M, driven by a 20.29% decrease in unit sales to 110 transactions. Meanwhile, new listings increased 7.61% to 313 and expired listings rose 38.1% to 29, reflecting growing supply and heightened competition among sellers. With a unit sales-to-listings ratio of 35.14%, down 9.23% year over year and below the 39% threshold, conditions continue to favour buyers in the City of Guelph.

Centre Wellington - March 2026

Guelph/Eramosa - March 2026

BUYER’S MARKET

Guelph/Eramosa remained in buyer’s market territory this March, as pricing softened despite modest gains in sales activity. The median sale price declined 10.71% to $1,050,000, while the average sale price decreased 3.08% to $1,150,818. Sales volume increased 18.46% to $12.66M, supported by a 22.22% rise in unit sales to 11 transactions.  However, new listings declined 20% to 32 and expired listings dropped significantly by 66.67% to just 1, reflecting tighter but still competitive supply conditions. With a unit sales-to-listings ratio of 34.38%, up 11.88% year over year but still below the 39% threshold, market conditions continue to favour buyers in Guelph Eramosa.

Hamilton - March 2026

BALANCED MARKET

The Hamilton real estate market remained balanced this March, as declining prices and sales activity were met with steady absorption and moderated inventory levels. The median sale price fell 7.91% to $658,450, while the average sale price decreased 8.44% to $723,461. Sales volume declined 12.68% to $322.22M, with unit sales down 4.5% to 446 transactions. New listings decreased 8.55% to 1,069, while expired listings rose 55.56% to 126, indicating some added pressure on sellers. With a unit sales-to-listings ratio of 41.72%, up 1.77% year over year, market conditions continue to reflect a balanced environment across Hamilton.

Halton Hills - March 2026

BUYER’S MARKET

Halton Hills remained in buyer’s market territory this period, as pricing declines persisted despite a rebound in sales activity. The median sale price dropped 13.96% to $808,750, while the average sale price fell 17.09% to $876,076. Sales volume increased 9.2% to $47.31M, driven by a 31.71% rise in unit sales to 54 transactions. However, new listings declined 16.67% to 130 and expired listings decreased 30% to 7, reflecting tightening but still competitive supply conditions. With a unit sales-to-listings ratio of 41.54%, up 15.26% year over year, the market remains buyer-leaning as affordability pressures and earlier inventory gains continue to influence conditions.

Waterloo - March 2026

BALANCED MARKET

The Waterloo Region real estate market remained balanced this March, as relatively stable sales activity and moderating inventory levels supported more even conditions between buyers and sellers. The median sale price declined 4.86% to $685,000, while the average sale price decreased 3.93% to $737,213. Sales volume edged down 4.61% to $341.83M, with unit sales holding nearly steady, down just 0.64% to 464 transactions. New listings decreased 12.41% to 1,066 and expired listings dropped significantly by 59.05% to 43, indicating tightening supply. With a unit sales-to-listings ratio of 43.53%, up 5.15% year over year, market conditions continue to reflect a balanced environment across Waterloo.

Cambridge - March 2026

BUYER'S MARKET

Cambridge’s real estate market remained balanced this March, as declining sales activity and pricing were met with a corresponding reduction in inventory. The median sale price fell 10.2% to $660,000, while the average sale price decreased 3.13% to $748,039. Sales volume declined 16.62% to $93.36M, driven by a 13.79% drop in unit sales to 125 transactions. New listings decreased 13.82% to 293 and expired listings fell 26.67% to 11, reflecting tighter supply conditions. With a unit sales-to-listings ratio of 42.66%, up slightly by 0.02% year over year, market conditions continue to reflect a balanced environment supporting both buyers and sellers in Cambridge.

Puslinch - March 2026

BUYER'S MARKET

The Puslinch real estate market remained in buyer’s market territory this March, as inventory levels continued to outpace absorption despite strong gains in pricing and sales activity. The median sale price surged 55.8% to $2,337,000, while the average sale price increased 28.46% to $2,269,375, reflecting a shift toward higher-end transactions. Sales volume rose significantly by 242.55% to $18.16M, driven by a 166.67% increase in unit sales to 8 transactions. Meanwhile, new listings climbed 8.7% to 25 and expired listings declined 66.67% to just 1, indicating tighter but still competitive supply. With a unit sales-to-listings ratio of 32.00%, up 18.96% year over year but below the 39% threshold, conditions continue to favour buyers in Puslinch.