Archived monthly market update
Guelph Real Estate Market Update — August 2026
This is the August 2026 Guelph market update, reporting July 2026 board data, preserved exactly as it was published. For the current month's figures, see the live Guelph market update.
Reporting period: July 2026 · Update published: August 25, 2026
Market at a glance
Guelph Market at a Glance
Headline all residential figures for July 2026, with month-over-month and year-over-year movement as reported at the time. If you are weighing a move now, start with buying in Guelph or selling a Guelph home.
- Median sold price
- $705,000
- Active listings
- 644
- New listings
- 320
- Homes sold
- 139
- Average days on market
- 41 days
- Months of inventory
- 5
- Median above/below asking
- Median sold $18,900 below asking
By property type
Guelph Home Prices by Property Type
Property types rarely move at the same pace. The Guelph neighbourhood guides, century-home pockets and University of Guelph areas each behave a little differently again.
Detached — July 2026
| Metric | July 2026 | vs monthMonth over month | vs yearYear over year |
|---|---|---|---|
| Median sold price | $800,000 | — | — |
| Active listings | 273 | — | — |
| New listings | 160 | — | — |
| Homes sold | 77 | — | — |
| Average days on market | 33 days | — | — |
| Months of inventory | 4 | — | — |
| Median above/below asking | Median sold $24,900 below asking | — | — |
Carmen's commentary
What I Was Seeing in the Guelph Market
The biggest thing I see in the July numbers is that there really isn't one single Guelph market right now. Overall, Guelph is sitting at about five months of inventory, with homes taking an average of 41 days to sell and the median sale landing $18,900 below asking. But the picture changes quite a bit depending on what you are buying or selling. Detached homes are moving faster than the city average, while townhouses and condos are taking considerably longer and have more inventory. That tells me buyers have more room to be selective than they did in the faster markets of the last few years, but well-priced homes in stronger segments can still move.
For buyers
What This Meant for Guelph Buyers
For buyers, this is a much less frantic market than we have seen in recent years. More inventory and longer days on market generally mean you have more time to compare homes, ask questions and negotiate. The median Guelph sale was below asking in July, which is another sign that list price is not automatically market value. The amount of leverage you have still depends heavily on property type, condition and neighbourhood. Condos and townhouses are giving buyers more choice right now, while semis are much tighter and detached homes are sitting somewhere in between.
For sellers
What This Meant for Guelph Sellers
For sellers, the July numbers reinforce how important pricing has become. With more inventory on the market and many homes selling below asking, simply listing high and waiting for the market to catch up is a riskier strategy. Buyers have options, and they are comparing condition, location and value more carefully. Detached homes are still moving more quickly than condos and townhouses, but even there, the median sale was below asking. The homes that stand out on presentation and are priced realistically have a much better chance of moving before they become stale.
Watching closely
Property Types & Areas I Was Watching
The biggest split I am watching is between semis and the condo/townhouse market. Semi-detached homes had only about two months of inventory in July, while condos and townhouses were both around six months. Townhouses also had the longest average days on market at 55 days, followed closely by condos at 52. That is a meaningful difference and a good reminder that city-wide averages can hide what is actually happening in the specific segment you are buying or selling.
Common questions
Guelph Real Estate Market FAQs
Is Guelph a buyer's market right now?
Overall, Guelph was sitting around five months of inventory in July 2026, which points to a more balanced to buyer-friendly market than we have seen in recent years. Conditions vary by property type, though. Condos and townhouses had about six months of inventory, while semi-detached homes were much tighter at about two months.
What is the median home price in Guelph right now?
The median sold price across all residential property types in Guelph was $705,000 for July 2026.
How long are homes taking to sell in Guelph?
Across all residential property types, homes took an average of 41 days to sell in July 2026. Detached and semi-detached homes averaged 33 days, while townhouses averaged 55 days and condos 52 days.
Are Guelph homes selling below asking price?
Yes, on a median basis they were. Across all residential sales in July 2026, the median sale was $18,900 below asking. The amount varied by property type.
Which property type is moving fastest in Guelph?
In July 2026, detached and semi-detached homes had the lowest average days on market at 33 days. Semi-detached homes also had the lowest months of inventory, at about two months.
Where do buyers have the most choice right now?
Condos and townhouses had the most inventory relative to sales in July 2026, at about six months of inventory each. That generally gives buyers more options and more negotiating room than in tighter segments.
Is now a good time to buy in Guelph?
For many buyers, the current market offers more choice, more time and more negotiating room than the faster markets of recent years. Whether it is a good time for you depends on your financing, timeline, property type and neighbourhood.
Is now a good time to sell in Guelph?
Homes are still selling, but buyers are more selective. Sellers need to be realistic about pricing, presentation and competition. The right strategy depends heavily on the property type and neighbourhood.
Related
Put these numbers to work
- Buying in GuelphHow the process works here, from search to closing.
- Selling in GuelphPreparation, pricing and timing for a Guelph sale.
- Guelph neighbourhoodsPricing character street by street across the city.
Current conditions
Looking for this month's Guelph numbers?
The live market update page is maintained every month with prices, sales, inventory and days on market by property type.