Market Reports
Wellington County Market Report
January 2025
BUYER’S MARKET
The Wellington County real estate market remained steady in January, with key indicators reflecting a more balanced environment. The median sale price rose by 11.94% to $806,000, while the average sale price increased by 9.53% to $859,195. Sales volume grew by 17.62%, supported by a 7.38% rise in unit sales to 160 transactions. New listings surged by 49.36%, expanding inventory, while expired listings also increased by 44.29%. With the unit sales- to-listings ratio at 34.33%, the market has shifted into buyer-friendly territory.
City of Guelph Market Report
January 2025
BUYER’S MARKET
The City of Guelph’s real estate market remained active in January, though shifting into a buyer’s market. The median sale price rose by 5.12% to $780,000, while the average sale price saw a slight decline of 0.21% to $770,153. Sales volume increased by 5.22%, supported by a 5.43% rise in unit sales to 97. New listings surged by 41.44%, while expired listings climbed 45.16%, leading to greater inventory. The unit sales-to-listings ratio declined to 37.89%, reinforcing market conditions that favour buyers with more choices and negotiation power.
Centre Wellington Market Report
January 2025
BUYER’S MARKET
Centre Wellington’s real estate market shifted into a buyer’s market
in January. The median sale price rose by 21.53% to $875,000, while the average sale price saw a modest increase of 3.17% to $844,622. However, sales volume declined by 12.11%, and unit sales dropped by 14.81%, signaling softer demand. New listings increased by 6.15%, while expired listings rose by 9.09%, contributing to higher inventory levels. The unit sales-to-listings ratio fell to 33.33%, reinforcing buyer- friendly conditions with more choices and negotiation power.
Guelph Eramosa Market Report
January 2025
SELLER’S MARKET
The real estate market in Guelph/Eramosa remained strong this January, with notable year-over-year growth in key areas. The median sale price surged by 43.13% to $1,062,000, while the average sale price declined by 11.96% to $1,174,250. Sales volume saw a significant increase of 76.08%, driven by a 100% rise in unit sales. New listings dipped slightly by 7.14%, while expired listings dropped by 42.86%, tightening inventory. With the unit sales-to-listings ratio rising to 61.54%, the market continues to favour sellers, offering strong conditions for those looking to list their homes.
Puslinch Market Report
January 2025
BUYER'S MARKET
The Puslinch real estate market saw a significant increase in prices and sales volume this January. The median sale price surged by 132.3% to $1,575,000, while the average sale price rose by 107.8% to $1,408,867. Sales volume experienced a dramatic 938.99% increase, driven by a 400% rise in unit sales. New listings more than doubled, rising by 110%, while expired listings grew by 200%, adding to inventory. With the unit sales-to-listings ratio at 23.81%, the market now leans in favour of buyers, offering increased selection and negotiation opportunities.
Waterloo Region Market Report
January 2025
BUYER’S MARKET
The Waterloo Region real estate market saw shifting trends in January, reflecting a transition into a buyer’s market. The median sale price dipped slightly by 0.45% to $720,750, while the average sale price declined by 0.62% to $756,323. Sales volume fell by 11.3%, with unit sales down 10.75% to 332 properties. Meanwhile, new listings surged by 27.23%, increasing inventory and providing more options for buyers. With expired listings up 34.29% and the unit sales-to-listings ratio declining to 36.44%, market conditions now favour buyers.
Hamilton Market Report
January 2025
BALANCED MARKET
The Hamilton real estate market experienced a shift in January, moving toward more balanced conditions. The median sale price dipped slightly by 0.83% to $714,000, while the average sale price declined by 4.1% to $761,148. Sales volume fell by 7.99%, with unit sales down 4.06% to 378 transactions. However, new listings surged by 39.67%, increasing inventory and creating more opportunities for buyers. With the unit sales-to-listings ratio at 40.21%, the market has transitioned into a more balanced state, offering a fair environment for both buyers and sellers.
Halton Hills
January 2025
BALANCED MARKET
The Halton Hills real estate market experienced steady growth in January, reflecting a shift toward more balanced conditions. The median sale price increased by 13.52% to $1,038,750, while the average sale price rose by 10.15% to $1,098,722. Sales volume grew by 17.59%, supported by a rise in unit sales to 46. New listings surged by 58.73%, expanding inventory, while expired listings dropped by 52.17%. With the unit sales-to-listings ratio declining to 46%, the market has moved into more balanced territory, offering opportunities for both buyers and sellers.
Cambridge
January 2025
BALANCED MARKET
Cambridge’s real estate market experienced mixed activity in January, with shifts in both pricing and sales. The median sale price declined by 5.4% to $700,000, while the average sale price saw a modest increase of 2.09% to $751,525. Sales volume dropped by 13.14%, reflecting a 14.91% decrease in unit sales to 97 transactions. Meanwhile, new listings rose by 15.9% to 226, expanding inventory, while expired listings increased by 17.24%. With the unit sales-to-listings ratio at 42.92%, the market is offering more opportunities for buyers as conditions continue to balance.