Lorna Ronald
Sales Representative
Mobile: 519.831.4658
Phone: 519.821.6191
Royal LePage Royal City Realty
The Details Matter
Market Reports
Wellington County - April 2025
BUYER’S MARKET
The Wellington County real estate market continued to show mixed signals in April, with conditions holding in buyer-friendly territory. The median sale price dipped 1.26% to $785,000, while the average sale price edged up slightly by 0.19% to $835,858. Sales volume fell 10.40% to $205.6M, alongside a 10.55% decline in unit sales to 246 transactions. New listings surged by 77.14%, expanding inventory, while expired listings rose 21.43%. With a unit sales-to-listings ratio of 34.60%, the market remains tilted in favour of buyers.
City of Guelph - April 2025
BALANCED MARKET
The City of Guelph’s real estate market remained balanced in April, with stable pricing and growing inventory. The median sale price edged up 1.16% to $782,450, while the average sale price dipped slightly by 1.4% to $791,964. Sales volume declined 11.96%, with unit sales down 10.71% to 150 transactions. New listings rose by 15.65%, and expired listings surged by 163.64%, adding more options for buyers. With a unit sales-to-listings ratio of 41.44%, the market continues to offer opportunities for both buyers and sellers as conditions stay balanced.
Centre Wellington - April 2025
BUYER’S MARKET
Centre Wellington’s real estate market shifted in April, leaning toward a buyer’s market with softer pricing and slower sales. The median sale price dropped 16.9% to $722,500, while the average sale price fell 23.17% to $759,559. Sales volume declined sharply by 49.77%, with unit sales down 34.62% to 32 transactions. New listings eased slightly by 7.09%, while expired listings surged by 71.43%, reflecting longer selling times. With a unit sales-to-listings ratio of 28.81%, buyers have increased negotiating power as market conditions favour them.
Guelph/Eramosa - April 2025
BUYER’S MARKET
The real estate market in Guelph/Eramosa continued to favour buyers in April, with increased inventory and softer sales. The median sale price declined 9.82% to $1,010,000, while the average sale price rose 3.61% to $1,136,892. Sales volume dipped 7.91%, with unit sales down 11.11% to 8 transactions. New listings climbed 24.24%, while expired listings remained unchanged. With the unit sales-to-listings ratio at 19.51%, market conditions continue to lean in favour of buyers.
Puslinch - April 2025
BUYER'S MARKET
The Puslinch real estate market painted a mixed picture in April—prices climbed sharply, but buyer activity remained subdued. The median sale price jumped to $1,375,000 (up 67.68%), and the average rose 23.45% to $1,300,500. Yet, fewer deals were made, with just 7 sales marking a 22.22% drop from last year. Fewer new listings hit the market (down 20%), and expired listings were cut in half. With a unit sales-to-listings ratio sitting at 35.0%, buyers continue to hold the advantage in this slower-moving market.
Hamilton - April 2025
BUYER’S MARKET
The Hamilton real estate market edged closer to buyer-friendly conditions in April, with softer pricing and slower sales activity. The median sale price declined 3.63% to $722,750, while the average sale price fell 2.77% to $794,979. Sales volume dropped 16.66%, with unit sales down 14.29% to 528 transactions. New listings rose 5.32%, and expired listings increased by 41.18%, adding to inventory levels. With the unit sales-to-listings ratio at 39.79%, the market is now leaning into buyer’s territory.
Halton Hills - April 2025
BUYER’S MARKET
The Halton Hills real estate market remained in buyer-friendly territory this April, with softer prices and slower sales. The median sale price dipped 1.62% to $972,500, while the average sale price fell 10.31% to $1,087,436. Sales volume declined 38.14%, with unit sales down 30.86% to 56 transactions. New listings edged down 1.61%, while expired listings surged by 200%, reflecting longer selling times. With a unit sales-to-listings ratio of 30.6%, the market continues to favour buyers.
Waterloo - April 2025
BALANCED MARKET
The Waterloo Region real estate market showed signs of stabilizing in April, shifting back toward balanced conditions. The median sale price dipped 2.73% to $730,000, while the average sale price edged down 2.17% to $782,877. Sales volume declined 15.13%, with 596 units sold—a 13.25% drop from last year. New listings fell slightly by 3.35%, while expired listings rose 34.94%, adding to overall inventory turnover. With the unit sales-to-listings ratio climbing to 43.03%, the market has transitioned from favouring buyers to a more balanced state.
Cambridge - April 2025
BALANCED MARKET
Cambridge’s real estate market softened in April, with declines in pricing, sales, and new listings. The median sale price fell 7.37% to $710,500, while the average sale price dipped 3.89% to $756,484. Unit sales dropped 15.51% to 158 transactions, and sales volume declined 18.79% to $119.52M. New listings decreased sharply by 29.62%, while expired listings rose 29.41%. With a unit sales-to-listings ratio of 43.17%, market conditions remain balanced, offering steady opportunities for both buyers and sellers.