Here is a quick snapshot of MLS® market analysis up to July 20, 2011 for detached homes, semi-detached homes, townhouses and apartment units in the City of Guelph. Data is courtesy the Guelph & District Association of Realtors.
In the City of Guelph:
- The number of homes sold year-to-date is trending down 7 per cent from 2010.
- The average sale price year-to-date is $301,271 – trending 3 per cent upward from 2010.
- In terms of home selling indicators, the 2011 trend is a firm seller’s market. Days on market is at a three-month average of 35 days. The sale-to-listing ratio is at 73 per cent.
For more information on these trends, please feel free to contact me.