January’s slower start gave way to a more active February across the Guelph real estate market, with sales picking up significantly while pricing softened compared to both last month and this time last year. Inventory remained steady, giving buyers continued choice as the market moves toward the spring season.

In February, 70 residential properties sold in Guelph. That marks a strong increase from January, though sales were still down compared to February 2025. The average sale price came in at $801,371, down 6.03% from last month and 11.07% lower than the same time last year.

Homes sold for an average of 98.0% of list price, and the average days on market dropped to 30 days, showing that well-priced homes are continuing to move efficiently. There were 134 new listings added in February, slightly fewer than January and down from last year, but still enough to support more balanced conditions for buyers and sellers.

Detached home prices in Guelph softened month over month, as did townhomes, while apartment and condo units saw a modest increase. Overall, the Guelph real estate market remains active, with stronger sales activity, steady buyer engagement, and more balanced conditions than we’ve seen in previous months.

Centre Wellington Real Estate Market

Centre Wellington also saw stronger activity in February, with 25 residential sales recorded during the month. That was an increase over January, though still below sales levels from February 2025. The average sale price was $837,184, down notably from last month but still up 5.35% compared to this time last year.

Homes sold for an average of 96.7% of list price, and the average days on market improved to 49 days, down 18 days from January. New inventory also increased, with 56 new listings coming to market in February, matching the number of new listings from the same time last year.

Detached homes in Centre Wellington remained relatively strong year over year despite a month-over-month dip, townhomes were fairly stable, and the condo segment posted substantial gains. Overall, the market continues to show healthy movement, with improving sales activity and a growing number of listings giving buyers more opportunity.

What This Means for Buyers and Sellers in Guelph and Centre Wellington

As we move closer to spring, both Guelph and Centre Wellington are showing signs of a more balanced market. Sales activity increased in February, days on market improved, and inventory levels continue to offer buyers more options than in tighter market conditions. For buyers, this creates more opportunity to shop carefully and make informed decisions. For sellers, success still depends on strong presentation, strategic pricing, and understanding how your home fits into current local market conditions.

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Nick FitzGibbon is a trusted Guelph realtor specializing in residential real estate in Guelph and Centre Wellington. With a data-driven approach and deep local market knowledge, Nick helps buyers and sellers make confident, informed decisions in changing market conditions.

Nick is the Team Lead of the Let’s Talk Real Estate team, working alongside experienced real estate professionals including John Clark, Collette Aeschlimann, Dave Aubrey, Jessica Furmah, and Jeff Basso. Together, they provide comprehensive support throughout the buying and selling process across Guelph and Centre Wellington, ensuring every client receives personalized attention and expert advice.