Guelph Home Sales Remain Strong in August

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The Guelph and District association of REALTORS® has released data related to home sales in August – and the news was good for Guelph.

Here is a summary of the statistics:

  • In August 2011, the number of homes sold through the MLS® system in Guelph was significantly higher than year-ago levels. Homes sales numbered 270 units in August – an increase of 34 per cent compared to August 2010.
  • The average price of home sales in August was $292,206, representing an increase of per cent compared to August 2010.
  • New residential listings in August numbered 363 units, up three per cent on a year-over-year basis.
  • The average number of days on market for detached and semi-detached homes, townhouses and apartment units is 38 days, with Guelph’s Sale to Listing ratio at 78 per cent.
For more information about buying or selling Guelph real estate, please contact me.
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