March 2026 Market Report
A Hyper-Local Look at Our Changing Market
The City of Guelph remained firmly in buyer’s market territory this March. As someone who grew up on Country Club Drive and now calls the historical St. Patrick’s Ward home, I’ve seen our city through many cycles, from the early days of the Victor Davis Pool and the Riverside-to-Guelph Lake trail system. Right now, rising inventory and declining sales activity are continuing to shift leverage toward purchasers across our community.
The March Numbers at a Glance
- Median Sale Price: $737,579 (Down 0.26% year-over-year).
- Average Sale Price: $775,757 (Up a slight 0.41%).
- Sales Volume: $85.33M (A 19.96% drop from last March’s $106.6M).
- Unit Sales: 110 transactions (Down 20.29%).
- New Listings: 313 (Up 7.61%, reflecting growing supply).
- Average Days-on-Market: 41 days (Up 11 days from last year).
Detailed Market Breakdown
With a unit sales-to-listings ratio of 35.14% (down from 44.37% last year), we are well below the 39% threshold that typically separates a balanced market from a buyer’s market.
| Metric (Year-to-Date) | 2025 | 2026 | Change |
| YTD Volume Sales | $281,221,978 | $217,552,713 | -22.64% |
| YTD Unit Sales | 360 | 293 | -18.61% |
| YTD Average Price | $781,379 | $743,402 | -4.86% |
| YTD Median Price | $778,000 | $724,000 | -6.94% |
Performance by Property Type (YTD)
- Freehold: Sales volume is down 21.12% with an average sale price of $848,248.
- Condominium: Sales volume dropped 26.67% with an average price of $547,432.
- Vacant Land: Activity remained minimal with only 1 unit sold YTD.
The Bennett Perspective: More Than Just Transactions
Whether you’re looking for a classic 40-60′ lot in Victoria North or a modern suite with character in The Ward, the current market requires an insightful approach. My family’s legacy in this town, from the land that became Bennett Avenue to my father’s days caddying at Cutten Fields in ’47, is built on deep-rooted relationships.
I prioritize people over commissions. If you’re overwhelmed by the prospect of moving, I’m the Realtor® who isn’t afraid to help with a “dump run” to clear out that overstuffed garage/basement. As a tech-forward traveler, I love sharing our global adventures via postcards, but my heart is always right here, advocating for better Guelph housing options.
Questions about what these numbers mean for your home’s value?
Let’s chat. No pressure, just professional local insight from someone who knows every trail and fairway in town.
Michael Bennett
Disclaimer: We have recently transitioned our back end data and reporting system. While we strive for accuracy, occasional discrepancies may continue to occur as the people behind the scenes continue to correct integration differences.
