Guelph Real Estate Market Update | July 2026
The Guelph real estate market cooled off seasonally in July, with 188 new listings coming to market and 96 homes sold, a 13.51% decrease in sales from June and a more notable 15.79% decrease compared to July 2025. New listings also pulled back, down 22.63% from June and 19.23% year-over-year, suggesting both buyers and sellers stepped back a little for the summer.
The average sale price held remarkably steady at $874,451, essentially flat compared to June (down just 0.40%) and up 1.51% from July 2025. Homes sold for an average of 97.2% of list price and took 36 days to sell, seven days longer than June and eight days longer than July 2025.
While sales activity slowed, the stability in pricing is a good sign for a market that’s settling into a more typical summer rhythm. Buyers currently have a reasonable amount of choice and a little more time to make decisions, while well-priced homes are still finding buyers at a healthy pace.
Detached Homes
Detached homes remained the steadiest segment of the Guelph market in July, with an average sale price of $899,258, down a modest 1.46% from June and actually up 2.20% compared to July 2025. Limited new detached supply continues to support pricing in this segment, even as overall activity slows.
Buyers shopping for detached homes should still expect competition for well-presented, competitively priced properties, particularly in sought-after neighbourhoods. Sellers with move-in-ready homes in good locations remain well positioned.
Townhomes & Row Units
Townhomes and row units posted an average sale price of $701,333 in July, up 1.40% from June but down 9.44% compared to July 2025. This segment continues to be a popular entry point for first-time buyers and downsizers, but resale sellers are facing ongoing competition from new construction offering incentives and rebate programs.
Pricing and presentation remain key for resale townhome sellers looking to stand out against both existing inventory and new builds.
Condominium Market
The condominium market saw its average sale price jump to $525,340, up 29.42% from June but still down 11.45% year-over-year. A swing this large in a single month is typically a reflection of which specific units happened to sell rather than a broad shift in condo values. The size, age, location, and finish level of the units sold can move the average considerably from month to month.
Resale condo sellers should continue to price carefully, as new-build condominiums with rebate incentives remain an attractive alternative for many buyers.
. 
CENTRE WELLINGTON
Centre Wellington saw a quieter July as well, with 85 new listings (down 26.72% from June, though still up 1.19% from July 2025) and 38 homes sold, a 13.64% decrease from June and 2.56% decrease from July 2025.
The average sale price came in at $806,942, a notable 26.68% decrease from June and down 7.71% compared to July 2025. That drop is larger than what we saw across individual home types (see below), which tells us it was driven largely by a shift in the mix of homes that sold rather than a broad decline in values. Homes sold for an average of 97.6% of list price and took 43 days to sell, 10 days longer than June, though still 11 days faster than July 2025.
Detached Homes
Detached homes in Centre Wellington averaged $892,457 in July, down 4.18% from June and down 10.37% from July 2025. This segment has softened more than Guelph’s over the past year, giving buyers more room to negotiate on price, particularly for homes that need some updating.
Sellers in this segment should lean on realistic, comparable-based pricing from the outset, as buyers are taking their time and comparing options carefully.
Townhomes & Row Units
Townhouse and row unit sales averaged $693,375, down 2.92% from June but up 1.71% from July 2025. This segment has held up better year-over-year than detached homes, continuing to appeal to buyers looking for a more affordable path into the Centre Wellington market.
Apartment/Condo Units
Apartment and condo units averaged $792,500, down 5.30% from June but up 7.24% from July 2025. This segment remains fairly limited in supply in Centre Wellington, which can make month-to-month averages more volatile than in larger markets like Guelph.
What This Means for Buyers & Sellers
July brought a seasonal slowdown to both markets, with fewer new listings and fewer sales than June. Guelph’s pricing held remarkably steady through the shift, while Centre Wellington’s overall average moved more due to the specific homes that sold that month. In both markets, well-priced, well-presented homes continue to sell. Buyers simply have a bit more time and choice than they did earlier in the year.
If you’re thinking about buying or selling in Guelph or Centre Wellington, we’re always happy to walk through what these numbers mean for your specific situation. Reach out any time.
