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Is the Guelph real estate market starting to turn a corner?
In Episode 41 of the Guelph Real Estate Report, Guelph REALTOR® Ryan Waller breaks down the latest Guelph housing market data for August 2026 — including a surprising change in sales activity after seven consecutive months of slower year-over-year sales.
For the first time in 2026, August home sales in Guelph exceeded the same month in 2025, with sales up approximately 5% year over year. Prices, however, continue to tell a different story. The average Guelph home price is down approximately 4% year-to-date, and the condo and townhouse market continues to experience more price pressure than detached homes.
Ryan looks beyond the headline numbers to discuss:
🏡 Guelph home prices and sales in August 2026
📈 Why July and August were unexpectedly strong months
💰 Detached vs. condo/townhouse prices and where values are holding up best
📊 What 3.8 months of inventory means for Guelph buyers and sellers
🤝 Why multiple-offer situations are beginning to appear again — even after homes have been on the market for weeks
🔑 How today's multiple offers differ from the bidding wars of previous markets
📍 Why Guelph neighbourhood-level real estate data can tell a very different story from the city-wide average
🗺️ How buyers can research Guelph neighbourhoods, current listings and local market conditions
Year-to-date through August, the average Guelph home price is approximately $767,000, compared with $797,000 during the same period in 2025. Detached homes have held up better, with average prices down approximately 3%, while the condo and townhouse segment is down approximately 6.4%.
Ryan also discusses an interesting shift happening on the ground: buyers are still cautious and often waiting to see whether a home's asking price is validated by someone else — but once an offer appears, other buyers are increasingly stepping in. That has resulted in several recent multiple-offer situations, particularly among detached homes.
The takeaway? Guelph remains a balanced market overall, but there isn't one single “Guelph market.” Detached homes, condos, townhouses and individual neighbourhoods are behaving differently — making it increasingly important to look beyond the city-wide average.
Explore the latest Guelph real estate market data, neighbourhood insights, recently sold homes and homes for sale at BethAndRyan.ca.
🎙️ The Guelph Real Estate Report
Hosted by Ryan Waller, Guelph REALTOR® with Beth & Ryan Waller, Keller Williams Home Group Realty.
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You can always get touch with Beth and Ryan Waller on their website