JULY 2025 Market Update

Guelph’s real estate market in July 2025 reflects the steady rhythm of a balanced market, where neither buyers nor sellers hold a clear upper hand. The median sale price came in at $744,000, showing virtually no change from last July—up just 0.5%, a sign of stability amid broader market shifts. However, what’s happening beneath the surface offers a deeper look into buyer and seller behavior.

Homes are taking longer to sell, with the median days on market climbing to 23 days, up 35.3% from last year. This increase signals more deliberation among buyers and a more patient, less pressured atmosphere overall. Sellers need to be aware that while pricing remains relatively strong, properties are no longer flying off the shelves—today’s buyers are doing their homework and moving with caution.

At the same time, new listings dropped significantly—down 21.5% —which reduces inventory and could support price stability heading into the fall. However, the number of sales also declined by 25%, with only 159 homes sold, reinforcing the message that many buyers are taking a wait-and-see approach, possibly influenced by affordability concerns or broader economic factors.

This combination of fewer listings and sales, longer selling times, and stable pricing positions Guelph in a cool, but not cold market. It’s a time when buyers can take their time, negotiate smartly, and focus on value. Sellers, meanwhile, need to shift expectations away from quick sales and toward competitive pricing and strong marketing to capture buyer attention.