Guelph Real Estate Market Overview — October 2026
After a relatively steady August and September, Guelph home sales slowed sharply in October 2026. The updated transaction workbook records 111 residential sales, compared with 157 in October 2025 — a 29.3% year-over-year decline.
The average October sale price was $755,709, down approximately 4.5% from October 2025. Monthly averages can shift with the mix of detached homes, condos and townhouses sold, so this is not a measure of how much every individual property has changed in value.
For January through October 2026, the workbook records 1,272 Guelph home sales and an average sale price of $768,708, representing declines of approximately 12.3% in transactions and 3.4% in average price compared with the same period in 2025. The overall trend remains softer, with condominium prices under more pressure than freehold homes.
What Do the October Numbers Mean?
August and September suggested Guelph sales might be stabilizing, but October did not continue that pattern. Sales fell substantially from a year earlier, and buyers remain selective. One month doesn’t determine the direction of the entire market, but it does warrant a more cautious outlook.
October Sales Slowed Sharply
111 homes sold in October 2026, compared with 157 in October 2025 — a 29.3% decline. That’s approximately 3.58 sales per day, underscoring how much transaction activity has cooled.
Prices Remain Below Last Year
The October average sale price was $755,709, approximately 4.5% below October 2025. This is a monthly average, not a like-for-like home value index; the properties sold can influence the result.
Freehold and Condo Markets Are Diverging
Through October, the workbook indicates freehold average prices declined approximately 1.7% year over year, compared with roughly 7.0% for condominiums. Buyers and sellers need property-type-specific comparisons.
Pricing Matters More Than Ever
With fewer sales and cautious buyers, realistic pricing and thoughtful presentation remain essential. Desirable, well-priced homes can still attract attention, but sellers should not assume the stronger late-summer activity has carried into fall.
We’ll be watching whether November and December remain as quiet as October, whether condominium prices continue to lag freehold homes, and whether lower prices encourage more buyers to act. Our current 2027 outlook is for average prices to be flat to 2% lower, with a possible recovery in transaction activity — a forecast, not a guarantee.
January–October 2026 Market Snapshot
Guelph home prices and sales by property type
Through the first ten months of 2026, Guelph home prices and sales remain below 2025 levels. Freehold homes continue to show greater price resilience, while condos and townhouses remain the softer segment of the market.
All Residential Homes
Average Sale Price
$768,708
Compared with $795,695 during the same period in 2025.
▼ 3.4% year over yearHomes Sold
1,272
Compared with 1,451 sales during the same period in 2025.
▼ 12.3% year over yearFreehold Homes
Average Sale Price
$868,063
Compared with $882,973 during the same period in 2025.
▼ 1.7% year over yearFreehold Homes Sold
871
Compared with 1,014 sales during the same period in 2025.
▼ 14.1% year over yearCondos & Townhouses
Average Sale Price
$551,323
Compared with $592,512 during the same period in 2025.
▼ 7.0% year over yearCondos & Townhouses Sold
401
Compared with 437 sales during the same period in 2025.
▼ 8.2% year over year
Reporting period:
January 1–October 31, 2026 compared with
January 1–October 31, 2025.
Source:
Beth & Ryan Waller analysis of
City of Guelph residential MLS® sales data
reported through OnePoint / PropTx.
Guelph Average Sale Price by Property Type
Compare monthly Guelph average sale prices for all residential homes, detached homes and condominiums or townhouses. Select 6, 12 or 18 months to see how prices have moved over time.
October’s Average Price Moved Lower
Guelph’s overall average sale price moved from $794,416 in September to $755,709 in October. October was also approximately 4.5% below October 2025. Because the mix of properties sold changes from month to month, the average should not be interpreted as the change in value of an individual home.
Source: Beth & Ryan Waller analysis of City of Guelph residential MLS® sales data reported through OnePoint / PropTx. Condo/townhouse figures include condominium and townhouse properties. Updated through October 31, 2026.
Hear Our Take on the Guelph Real Estate Market
October brought a noticeable slowdown to the Guelph real estate market. 111 homes sold, compared with 157 in October 2025, a decline of approximately 29%. After August and September showed signs of improving sales activity, October reminded us that buyers remain cautious. The average selling price was $755,709, approximately 4.5% below October 2025. Freehold properties continue to demonstrate greater price resilience, while condominium prices remain under considerably more pressure.
Follow the Guelph Market With Us
We regularly break down Guelph home prices, sales activity, inventory and neighbourhood trends on YouTube and through the Guelph Real Estate Report podcast.
Local Guelph real estate analysis from Beth & Ryan Waller.
Explore Guelph Neighbourhood Market Trends
Guelph's citywide average doesn't tell the whole story. Through October 2026, neighbourhoods have experienced very different changes in average selling prices and sales activity. Some areas have outperformed the citywide trend, while others have recorded substantial declines in their average transaction prices.
Price Momentum
Neighbourhoods where average sale prices increased compared with January–October 2025.
More Attainable Prices
Neighbourhoods recording some of the largest declines in average sale prices year over year.
Sales Activity
Selected neighbourhoods illustrating the different levels of sales activity across Guelph through October 2026.
Price Stability
Neighbourhoods where average selling prices have remained relatively close to 2025 levels.
Explore Guelph's Neighbourhoods on the Map
Not sure where one Guelph neighbourhood ends and another begins? Use our interactive map to explore neighbourhood boundaries, local housing information and detailed neighbourhood guides across the city.
Neighbourhood boundaries are approximate and intended as a helpful local guide, rather than official municipal boundaries.
Open Full Interactive Map ↗Changes in average sale price do not necessarily mean every home in a neighbourhood gained or lost the same amount of value. Results can be influenced by the number, style, size and price range of properties sold during each period. Smaller samples are particularly sensitive to individual high- or low-priced sales.
Source and timeframe: Beth & Ryan Waller analysis of City of Guelph residential MLS® sales data. January 1–October 31, 2026 compared with January 1–October 31, 2025. Average selling prices reflect the mix of properties sold and should not be interpreted as exact changes in individual property values.
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Why Trust Our Data
Original Guelph market analysis you can rely on
Every market report is prepared by Beth & Ryan Waller using current residential MLS® data, local market knowledge and neighbourhood-level analysis—not automated national statistics.
Local MLS® Data
Every statistic comes directly from residential MLS® activity within the City of Guelph using OnePoint / PropTX.
Updated Monthly
Our market reports are refreshed every month with the newest sales, inventory and pricing information available.
Neighbourhood Analysis
We study each Guelph neighbourhood individually to identify local trends that city-wide averages often miss.
Interpreted Locally
The numbers are reviewed and explained by Beth & Ryan Waller based on real conversations with buyers, sellers and homeowners every week.