In April, Guelph's real estate market saw a positive trend in home sale prices, rising by 3.3% compared to the previous month. This means that homes in the area are selling for higher prices, reflecting strong demand from buyers. However, when we look back at the same time last year, there was a slight 2.5% drop in prices. On a more encouraging note, compared to the market conditions five years ago, there has been a significant 52.6% increase in home sale prices, indicating a long-term appreciation in property values.

As for new listings, April brought 319 new properties onto the market, showing a healthy 9.6% increase from March. This suggests that sellers are feeling confident about listing their properties amidst the current market conditions. Although this increase is more moderate compared to the same time last year, which saw a 43.7% rise in new listings, it's important to note that the market is still 10.9% down when compared to five years ago.

In terms of actual sales in April, 171 homes were sold, representing a modest 2.4% increase from the previous month. However, there was a 5% decrease from last year's sales figures, indicating some fluctuations in buyer activity. Looking back five years, there has been a more significant 27.8% decrease in sales, which may reflect changing market dynamics or buyer preferences over time.

Overall, these statistics indicate a dynamic real estate market in Guelph, characterized by rising home sale prices and a healthy influx of new listings. While there are fluctuations compared to previous years, the overall market conditions remain favorable for both buyers and sellers, providing opportunities for investment and growth in the Guelph area.