April 2025 Market Update

The Guelph real estate market in April 2025 remained steady in terms of pricing, with the median sale price holding firm at $780,000—unchanged from the same time last year. While prices stayed level, the pace of the market noticeably slowed. Homes took longer to sell, averaging 18 days on the market (up 38.5%), and the number of homes sold dropped by 42.6%. At the same time, new listings fell sharply by 24.3%, pointing to a quieter spring season than usual.

For buyers, this cooling momentum could present opportunities. With fewer homes selling and properties staying on the market longer, there’s more room to negotiate, especially if competition remains light. However, the reduced inventory means options may be limited, and buyers may need to act quickly when the right home appears.

Sellers, meanwhile, will need to adjust to a more deliberate market. While holding value is encouraging, attracting the right buyer may take more time and effort. Strategic pricing, strong marketing, and move-in-ready presentation will be essential for standing out in a slower, leaner market.

In summary, April’s market reflects a standstill in pricing but a slowdown in activity, with fewer listings and buyers in play. While not a downturn, these conditions suggest a market in wait-and-see mode—potentially setting the stage for renewed activity later in the year, especially if interest rates shift or consumer confidence rebounds.