Market Reports
Wellington County Market Report
November 2025
BUYER’S MARKET
The Wellington County’s real estate market shifted further into buyer-friendly territory in November, as softer pricing and rising inventory reshaped conditions. The median sale price fell 3.16% to $752,000, while the average sale price declined 8.4% to $770,922. Sales volume dropped 24% to $146.48M, reflecting a 17.03% decrease in unit sales to 190 transactions. New listings rose 23.19% to 409, and expired listings more than doubled, up 115.38% to 112, creating greater selection for buyers and added pressure on sellers. With a unit sales-to-listings ratio of 46.45%, down 22.52% from last year, the market clearly favours buyers, offering increased choice and stronger negotiating leverage throughout the county.
City of Guelph Market Report
November 2025
BALANCED MARKET
The City of Guelph’s real estate market held balanced conditions in November, with prices softening slightly while buyer activity remained steady. The median sale price edged down 0.93% to $748,500, and the average sale price declined 6.18% to $741,782. Sales volume totalled $91.98M, reflecting a 20.32% decrease in line with a 15.07% drop in unit sales to 124 transactions. New listings rose 19.49% to 233, while expired listings surged 140.91% to 53, giving buyers more selection and increasing competition among sellers. With a unit sales-to-listings ratio of 53.22%, down 21.65% from last year, the market continues to reflect balanced conditions, offering opportunities for both sides depending on pricing and strategy.
Centre Wellington Market Report
November 2025
BUYER’S MARKET
Centre Wellington’s real estate market shifted firmly into buyer’s territory in November, with notable price adjustments and increased inventory creating advantageous conditions for purchasers. The median sale price fell 14.53% to $735,000, while the average sale price declined 16.66% to $780,907. Sales volume reached $21.08M, down 35.71% alongside a 22.86% decrease in unit sales to 27 transactions. New listings climbed 36% to 68, and expired listings rose significantly by 150% to 15, contributing to a growing pool of available homes. With a unit sales-to-listings ratio of 39.71%, down 30.29% from last year and sitting just below the buyer’s-market threshold, conditions currently favour buyers, offering increased choice and negotiation power.
Guelph Eramosa Market Report
November 2025
BUYER’S MARKET
The real estate market in Guelph/Eramosa remained in buyer’s-market territory in November, with a mix of price movements and stronger sales activity. The median sale price climbed 15.83% to $1,097,500, while the average sale price edged down 14.34% to $991,625. Sales volume rose 28.48% to $11.9M, driven by 12 sales, a 50% increase from last year. New listings were up 33.33% to 20, and expired listings doubled to 6, adding to available inventory. With more choice for buyers and steady late-fall activity, conditions remained favourable for those looking to enter the market.
Puslinch Market Report
November 2025
BUYER'S MARKET
The Puslinch real estate market continued to reflect buyer’s-market conditions in November, with softer pricing alongside stronger sales activity. The median sale price fell 36.16% to $980,000, while the average sale price declined 18.44% to $1,007,210. Despite lower prices, sales volume rose 30.49% to $8.06M, supported by 8 sales, a 60% increase from last year. New listings edged down 5.56% to 17, while expired listings increased 50% to 6, contributing to more negotiating room for buyers. With added inventory stability and motivated seller activity, November offered favourable conditions for purchasers in the Puslinch area.
Waterloo Region Market Report
November 2025
BALANCED MARKET
The Waterloo Region real estate market held in balanced territory in November, with softer pricing alongside steady activity. The median sale price declined 6.9% to $675,000, while the average sale price eased 5.23% to $714,394. Sales volume fell 15.02% to $328.6M, with 460 sales, down 10.33% from last year. New listings decreased 12.12% to 761, and expired listings nearly doubled to 180, reflecting shifting seller expectations. With a sales-to-listings ratio of 60.45%, conditions remained balanced overall, offering opportunities for both buyers and sellers depending on pricing and strategy.
Hamilton Market Report
November 2025
BALANCED MARKET
The Hamilton real estate market held in balanced territory throughout November, with softer pricing and steady listing activity shaping conditions. The median sale price fell 6.34% to $680,000, while the average sale price declined 5.77% to $742,845. Sales volume eased 11.47% to $311.25M, supported by 419 sales, down 6.05% from last year. New listings dipped 1.91% to 822, while expired listings nearly doubled to 187, signalling more selective buyer behaviour and shifting seller expectations. With a sales-to-listings ratio of 50.97%, Hamilton remained firmly balanced, offering opportunities on both sides of the market as year-end approached.
Halton Hills
November 2025
BUYER’S MARKET
The Halton Hills real estate market reflected clear buyer’s-market conditions in November, with softer prices and reduced sales activity creating more leverage for purchasers. The median sale price declined 9.48% to $866,250, while the average sale price fell 8.28% to $985,623. Sales volume dropped 26.67% to $51.25M, supported by 52 sales, down 18.75% from last year. New listings decreased 15.89% to 90, while expired listings rose sharply by 75% to 21, indicating shifting seller expectations. With a sales-to-listings ratio of 57.78% and increasing inventory turnover challenges, November offered favourable opportunities for buyers navigating the market.
Cambridge
November 2025
BALANCED MARKET
Cambridge’s real estate market remained in balanced-market territory in November, with moderating prices and steady activity shaping local conditions. The median sale price declined 6.76% to $690,000, while the average sale price eased 5.06% to $707,352. Sales volume fell 18.93% to $78.5M, with 111 sales, down 14.62% from last year. New listings decreased 8.76% to 198, while expired listings rose 69.23% to 44, reflecting shifting seller expectations. With a sales-to-listings ratio of 56.06%, the market stayed balanced overall, offering reasonable opportunities for both buyers and sellers heading into year-end.