Monthly Market Reports

May 2022

With The Simpson Team's real estate market reports, you'll get current data on Wellington County's housing market. We've made real estate data like average house prices, sales volume, and days on market readily available to you. This report's data evaluates year-to-date history as well as comparisons to the same time frame of the previous year.

These market reports are designed to give you insights on the Wellington County real estate market as well as separate communities within Wellington County such as Guelph, Centre Wellington, Guelph Eramosa, and Puslinch plus tree neighbouring communities - Halton Hills, Hamilton, and Waterloo so that you have a better understanding of where you want to live.

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Wellington County

The Wellington County real estate market just barely dips into a balanced market with a sales/listing ratio of 60.2%. This is caused by a jump in inventory across all of Wellington County’s sub-markets, and a decrease on average in unit sales. Despite this, this market maintains a strong foundation.

Wellington County May 2022
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City of Guelph

The City of Guelph real estate market just barely dips into a balanced market as new listings this month increased and unit sales dropped compared to this time last year. We are continuing to see a consistent growth in median and average sales prices despite this, which shows sign of a strong foundation for this market.

City of Guelph May 2022
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Centre Wellington

Centre Wellington remains in a seller’s market in May, but is definitely showing signs of balancing out. We are seeing much more inventory than we did this time last year with a slight drop in unit sales as well. Despite this, the continuous rising of the median and average sale prices, shows that this market still has a high demand.

Centre Wellington May 2022
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Guelph Eramosa

The real estate market in Guelph/Eramosa falls into a balanced market as inventory grows and sales fall short compared to this time last year. This market if known to fluctuate in a more volatile way due to its typically smaller inventory when compared to other markets. Median and average sales prices have consistently shown growth, meaning that this market still has a strong foundation.

Guelph Eramosa May 2022
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Puslinch

The Puslinch real estate market remains a balanced market due to a small jump in inventory and a large dip in unit sales compared to this time last year. Year to date average and median sales prices remain higher than last year, showing there is still relatively high demand in this market.

Puslinch May 2022
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Halton Hills

The Real Estate market in Halton Hills remains in a balanced market due to a continued rise in new listings and a drop in unit sales. Despite this, demand seems to remain strong as average and median sale prices rise.

Halton Hills May 2022
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Hamilton

The Hamilton real estate market dips into a balanced market this month
as inventory continues to rise and unit sales drop lower than they were this time last year. Median and average sales prices continue to rise as well showing that this market still has a strong foundation.

Hamilton May 2022
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Waterloo

The Waterloo region real estate market just barely dips into a balanced market this month after having a surge in inventory, and a dip in unit sales. Despite this, we continue to see the average and median sales prices continue to rise, showing that the foundation of this market remains strong.

Waterloo May 2022