Guelph, ON – This week's GTA housing market report shines a spotlight on Guelph, where 90 new listings entered the market while only 44 sales were recorded, yielding a 7-day absorption rate of 48.89%. That figure signals a slight softening in sales velocity, but the extremes—from affordable condos to historic estates—tell a more nuanced story for buyers and sellers alike.
Lowest Sold: 91 Conroy Crescent #401 – Affordable Entry into South Guelph
The lowest-priced home to change hands this week was a bright 1-bedroom, 1-bathroom condo at 91 Conroy Crescent, Unit 401, which closed at $282,300—below its $299,900 list price. This 633-square-foot south-facing unit offers sweeping views of the Crane Park trail system and sits in the desirable Dovercliffe Park/Old University neighbourhood. With all utilities included in the condo fees and a prime location just 3 km from the University of Guelph, this sale demonstrates that affordable entry points still exist in the GTA for first-time buyers and investors.
Highest Sold: 42 Hands Drive – A Family Staple in Kortright East
At the other end of the spectrum, the highest-priced sale was a 4-bedroom, 4-bathroom Thomasfield-built Cape Cod home at 42 Hands Drive, which closed at $1,250,000. Originally listed at $1,310,000, the sellers adjusted to the market and found a buyer within 36 days. This spacious residence sits across from Macalister Park, offers a flexible layout perfect for a mortgage helper, and boasts recent updates including a 2019 roof and 2016 HVAC. The sale confirms that well-maintained family homes in Kortright East remain in demand.
Lowest New Listing: 55 Yarmouth Street #508 – Downtown Living Under $370K
The most affordable new listing to enter the market this week is a stylish 1-bedroom condo at 55 Yarmouth Street, Suite 508, priced at $369,000. Offering east-facing natural light, granite countertops, and a prime walkable location steps from the GO Station and future Guelph Central Library, this unit appeals to professionals and first-time buyers seeking low-maintenance downtown living. Heat and water are included in the condo fees.
Highest New Listing: 22 Stuart Street – A Tudor Gothic Revival Masterpiece
Commanding headlines this week is 22 Stuart Street, a breathtaking Tudor Gothic Revival estate known as Ker Cavan. Listed at $2,250,000, this circa-1856 residence is attributed to Sir Charles Barry, the architect of the British Parliament Buildings. Set on nearly two-thirds of an acre on one of Guelph's most prestigious streets, the estate features a winding circular drive, a detached stone garage, a redesigned kitchen with two islands, and a grand primary suite occupying the entire third floor. With its coach house and adjacent residence, this is a legacy property unlike any other currently available in the GTA luxury market.
Volume & Absorption: A Measured Market
In the past 7 days, Guelph added 90 new residential listings while recording 44 firm sales, producing a absorption rate of 48.89%. This means that for every 100 new listings, roughly 49 homes found buyers. A rate below 50% suggests a buyer's market is beginning to emerge, giving purchasers more choice and leverage. For sellers, this underscores the importance of correct pricing and presentation.
Overall, the week's extremes highlight the breadth of Guelph's real estate market—from a $282,300 condo perfect for first-time buyers to a $2.25 million estate that transcends typical luxury. Whether you're searching for Guelph homes for sale, analyzing GTA real estate trends, or tracking Halton Hills real estate price drops for context, this week's data offers valuable signals for every segment.
"The market is providing opportunities at every price point. Affordable condos and historic estates are both finding their buyers—but patience and strategy remain key."
Stay tuned for next week's report as we continue to track the shifting dynamics of the GTA housing market.