MLS Market Snapshot – November 2011

The Guelph & District Association of REALTORS® has released its latest figures regarding home sales in our region.

Home selling indicators as published in the November 25 edition of the Real Estate Update suggest that the City of Guelph is trending as a very strong seller’s market. Here are a few more details, by the numbers:

  • The number of homes (including detached, semi-detached, townhouses and apartment units) sold year-to-date in November is 1,753. Compared with 2010 this is a one per cent increase.
  • The average sales price for those homes in Guelph is $296,685 – a two per cent increase from the average at this time in 2010 ($291,046.)
  • Homes in Guelph are currently staying on the market for 40 days, using a three-month average

For more information on buying or selling Guelph homes, please contact me.

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