Today I will be providing you with a October market stats analysis for Guelph and our neighbouring communities. Let’s first take a look at some keys figures for our local markets relative to October of last year:

Guelph Stats:Median
Sale Price was $715,000 - ↓ 3.9%
Total Number of Listings was 307 - ↓ 9.2%
Total Number of Sales was 111 - ↓ 2.7%

Tri-City Stats:
Kitchener: Median Sale Price was $650,101 - No change.
Waterloo: Median Sale Price was $672,250 - ↓ 9.0%
Cambridge: Median Sale Price was $659,500 - ↓ 2.9%

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October brought a measured pace to Guelph’s real estate market, with most key indicators showing relatively modest changes compared to the same time last year. Sales activity softened marginally, with 111 homes sold, which represents at 2.7% reduction year-over-year.  At the same time, new listings declined by 9.2%, leaving fewer properties entering the market.

What stands out is that both buyers and sellers appear to be taking a more cautious approach to decision making.  With fewer new listings and only a small decrease in sales, the market has maintained a relatively steady balance between supply and demand. This means buyers are still finding opportunities, but they may not have quite as many properties to choose from as they did a year ago.  Sellers, meanwhile, are operating in a market where demand remains present, but buyers are continuing to pay attention to value, condition, and pricing.

For buyers, balanced conditions can create room to compare properties, ask questions, and negotiate without the same pressure that comes with a highly competitive market.  For sellers, the results reinforce the importance of entering the market with a realistic asking price and presenting a home in a way that stands out.

While the median price is lower than last October, the relatively small shift in sales and selling times suggests that Guelph’s market has not experienced a dramatic change in pace.

Looking ahead to November, seasonal trends may bring some further moderation as fewer buyers and sellers typically enter the market toward the end of the year.

However, if available inventory remains limited and buyer demand holds relatively steady, the market could continue to operate within balanced conditions. Prices may remain somewhat sensitive to property type, location, and presentation, but there is no clear indication from October’s figures alone of a significant shift in either direction.

Overall, Guelph appears to be moving into the final months of 2026 with a market that is steady but selective, where preparation and informed decisions will continue to matter.

If you are considering a move, I would be happy to help you navigate the market and achieve your goals.  Feel free to reach out to me to schedule an initial conversation.