Real Estate Update - Nov 11 - 2016 by Guelph and District Association of REALTORS®

Volume #7, Issue #44

November 11 - November 17, 2016

l a c o L Your

s g n i t Lis

page 6 The Frenzy of the Housing Market TE DA T O S P-T LATE U E Y STA H TH T WI s use o h en/op a c ar. gd

page 8 Open Houses & Local Market Stats Stay Connected! to your local REALTORS® Follow our

feed @_GDAR_ and like our

page at “theRealEstateUpdate”

Read the online edition at www.GDAR.ca — Updated weekly!

November 11 - November 17, 2016

Your Local Listings by REAL ESTATE UPDATE GUELPH

214 Speedvale Avenue W. T: 519.821.6191 TF: 800.475.2251 speedvaleoffice@royallepage.ca

Guelph & District Association of REALTORS®

GUELPH

848 Gordon Street T: 519.824.9050 gordonoffice@royallepage.ca

GUELPH

ShowCase of Homes, Stone Road Mall royalcity@royallepage.ca

ROCKWOOD

295 Alma St. Unit 1 T: 519.856.9922 rockwoodoffice@royallepage.ca

www.royalcity.com

JUS

O S

! LD

I K S EXECUTIVE SOUTHEND TOWNHOME RA E V O 10-254 Gosling Gardens, Guelph

Two storey townhome in a new, desirable south end community that is close to all of the new amenities that are currently or are becoming available. End unit with just over 1,900 sq. ft., 3 BRs and 3 baths, built by Thomasfield. Never lived in and immediate possession available - celebrate Christmas 2016 here! John Clark* & Lorna Ronald*. $558,900

28 Serena Lane

78 Katemore Dr., Guelph - Sat., Nov. 12th & Sun., Nov. 13th 2-4 PM

9.3 ACRE LOT IN ROLLING HILLS Perhaps the largest and most private estate building lot in the City. 346 feet of frontage. Ideally treed, with open space and pond/wetland area that abounds in nature. You can enjoy solitude yet also enjoy the convenience of restaurants, the Galaxy Cinema, schools and shopping minutes away. The best of both worlds. John Clark* & Lorna Ronald*. $875,000

SOUGHT AFTER SOUTH END BUNGALOFT with 1.5 car garage, partially finished basement and a lovely enclosed rear yard/garden. Call Karen Jans* 519-821-6191 to view. $479,900

101 Riverview Drive

AN ESTATE HOME Immaculate, completely renovated 3,400 sq. ft. estate residence overlooking Riverside Park, with an abundance of private outdoor space in the huge backyard with deck and mature trees. This is the home that you’ve been yearning for. John Clark* & Lorna Ronald*. $1,399,000

Visit www.royalcity.com for more great homes. NO SIGN-UPS.. JUST CLICK AND VIEW!

† Licensed Assistant *Sales Representative **Broker ***Broker of Record

UPDATED OPEN HOUSES Visit gdar.ca/open-houses for “Up-to-the-Second” Open House listings from local REALTORS®

Publisher The Guelph & District Association of REALTORS®

Production and Creative Design Craig Design • (519) 955-4416 • realestateupdate@gdar.ca

Printed Distribution & Circulation Inquiries J.P. Abbott Distribution Services Ltd. • (519) 821-3206 QUESTIONS or CONCERNS about Distribution: Please call J.P. Abbott Distribution Services Ltd., 519-821-3206 with details.

REAL ESTATE UPDATE is printed & published every Friday and is also available in an online weekly digital edition at www.GDAR.ca. This issue is 8 pages without any inserts and available at convenient pick-up sites.

REAL ESTATE UPDATE is distributed free of charge through “green” outdoor pick up boxes and key distribution partners which include real estate brokerages, retail outlets, restaurants, professional businesses, and community centres throughout Guelph and Wellington County. The publication and all its images remain the property of Guelph & District Association of REALTORS® and its members, and may not be reproduced without written permission of the publisher. The publisher assumes no responsibility for statements or claims made by advertisers. Advertising is exclusive to voting members only of the Guelph & District Association of REALTORS®. The publisher reserves the right to refuse any ad due to content or lack of protocol. Views expressed in any editorial found herein are not necessarily those of the publisher. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. Guelph & District Association of REALTORS® 400 Woolwich Street, Guelph, ON N1H 3X1 Phone: (519) 824-7270 Fax: (519) 824-6730 COVER IMAGE © Iriana Shiyan / Dollar Photo Club

TH I E W GS! T A D IN es T O S P T ST LI hous U Y E enA T T A S EL op / a TH ar.c gd

November 11 - November 17, 2016

Your Local Listings by REAL ESTATE UPDATE

1499 Gordon St., Guelph • 519-837-1300

Guelph & District Association of REALTORS®

238 Speedvale Ave. W., Guelph • 519-836-6365

782 Tower St. S., Fergus • 519-787-0203

Independently Owned and Operated Brokerage

w w w. r e m a x c e n t r e . c a WHAT’S YOUR HOME WORTH?

$400,000

14 WESTERN AVE. OPEN HOUSE: SAT. & SUN. 2-4 PM

PRIOR to buying or selling is when important decisions are made.

FREE Online Home Appraisal FAST!

Talk to experience... talk to Pat. Pat Prior

www.mantonteam.com

1200 SqFt 3 Beds plus Den 2 Baths Fully Fenced Yard. MLS ®# 30547330

www.kristinandanita.ca

Please visit remaxcentre.ca

Direct:

519-830-9728

visit ROrehomegroup.ca search ‘ramonaostrander’

Ramona Ostrander*

Perceptive and transparent service my standard; compelling communication & discerning action my tools for deliberate results. 519-837-1300

Guelph Homes .com Guelph’s Definitive Real Estate Website STEVE DAWKINS** 519-827-8434

RE/MAX REAL ESTATE CENTRE INC.

NOW AVAILABLE

EVERY FRIDAY! PICK IT UP AT OVER 230 LOCATIONS WEEKLY!

Independently Owned and Operated Brokerage

REAL ESTATE CENTRE INC. *Sales Representative

**Broker

November 11 - November 17, 2016

Your Local Listings by REAL ESTATE UPDATE

Guelph & District Association of REALTORS®

127 Metcalfe St., Elora 519.846.SOLD (7653) 135 St. David St.S., Fergus 519.843.SOLD (7653)

www.EdgeRealtySolutions.com * Sales Representative ** Broker *** Broker of Record OPEN HOUSE

OPEN HOUSE

SATURDAY, NOVEMBER 12th 12:00-1:00 PM

6822 Hwy 6 North, Fergus Host: Linda Marquardt* MLS® 30506450 $975,000

35 Bricker Ave., Elora Host: Melissa Seagrove** MLS® 30545559 $569,900

10 Bricker Ave, Elora Host: Sharon O’Shea* MLS® 30544948 $639,900

160 Wellington Road 7, Fergus Host: Paul Martin*** MLS® 30545593 $449,900

Now is your opportunity to own a loft style condo in downtown Guelph • 1 bdrm, 1 bath, 450 Sq.Ft Call Melissa Seagrove** MLS® 30542609 $217,500

Location, Location, Location! Large size lot on a mature, maple lined street. 2 bdrm, 2 bath, 1075 Sq.Ft. • Call Bruce Johnston* MLS® 30546564 $275,000

Four bedroom home. Great Neighbourhood close to schools, church and shopping • 3 bath, 1750 Sq.Ft. Call Lynn Glapski* MLS® 30547204 $439,900

Majestic red brick home on a large mature treed lot. Built in 1870, the front porch and second floor balcony welcome you. 4 bdrm, 2 bath, 2085 Sq.Ft. • MLS® 30542206 Call George Mochrie*/Amanda Lirusso* $449,900

Opportunity Knocks. Great commercial building with upper level apartment. This could easily be the answer you have been looking for? Call Malcolm Crooks** MLS® 30523625 $459,900

Country bungalow on 3.5 Acres with detached 24’ x 18’ garage and 34’ x 32’ workshop • 3 bdrm, 1 bath, 1274 Sq.Ft Call Brian Gammie* MLS® 30546394 $489,900

Need room for your growing family???? This immaculate bungalow on 2 acres is for you. 5 bdrm, 2 bath, 1785 sq.ft. Call Paul Robinson* MLS® 30536454 $669,000

Equine boarding facility with equipment located close to Guelph. Century brick farm house has been lovingly updated, 3 bdrm, 2 bath, 2300 sq.ft. Call Paul Martin*** MLS® 30530240 $875,000

THERE ARE SOME ANSWERS YOU THERE ARE SOME ANSWERS YOU WON’T FIND ON THE INTERNET. WON’T FIND ON THE INTERNET. Buying or selling a home is far more than a real estate transaction. It’s often at the Buying a home is far There more than a real estate transaction. often theall heart ofora selling major life transition. are countless questions to be It’s asked andatnot heart of acan major life transition. There are countless questions to be asked and not all of them be answered by looking on the internet. of them can be answered by looking on the internet. That’s where a REALTOR® can help – they have their fingers on the pulse of the ® can help they have their ngers and on the pulse of the That’s where a REALTOR market. They know the questions to –ask, the areas to fi probe, what to look for so market. the questions the areas probe, andyou’re what considering. to look for so that youThey get aknow complete picture of to theask, property and to community that you get a complete picture of the property and community you’re considering. With a REALTOR® at your side, you can have all the facts you need to make ® at your side, you can have all the facts you need to make With a REALTOR an informed decision. an informed decision.

REALTORS is a trademark controlled by the Canadian Real Estate Association. Used under license. WE DO THE HOMEWORK is a trademark of the Ontario Real Estate Association. REALTORS is a trademark controlled by the Canadian Real Estate Association. Used under license. WE DO THE HOMEWORK is a trademark of the Ontario Real Estate Association.

PREPARED BY: CLIENT: TRIM SIZE:

COLOURS: PREPARED BY:

CLIENT: TRIM SIZE:

COLOURS:

RYAN EDWARDS OREA GUELPH ASSOCIATION 10.375"W X 5.85"H

CMYKEDWARDS RYAN OREA GUELPH ASSOCIATION 10.375"W X 5.85"H CMYK

THERE ARE SOME ANSWERS YOU

Your Local Listings by REAL ESTATE UPDATE

November 11 - November 17, 2016

Guelph & District Association of REALTORS®

HomeLife Power Realty Inc. Brokerage

INDEPENDENTLY OWNED AND OPERATED

1027 GORDON STREET, GUELPH (At Kortright Road)

519-836-1072

www.homelifeguelph.com www.homelifepower.ca Toll Free: 1-888-932-3548 homelife@homelifeguelph.com

I HAVE

INVESTORS ... that are looking for Residential, Commercial and Investment – Income properties.

Invest in yourself for only $35,000. A turnkey established operation is for the offing. The “E-Ride” business will go far in this economic atmosphere of conservation and eco sensitive industry. Everything is included for you to build upon an up and coming clientele. So, if you have small electric motor skills and an entrepreneurial spirit, then please, give me a call. Contact JANE HASTINGS

Please call HUGH PELOSO 519-822-6110

SERIOUS BUYER LOOKING FOR Bungalow with 2-3 bedrooms 2 bath in north Guelph. Fenced yard preferred. If you are considering selling, please contact

RIVERSIDE PARK CONDO $249,900 Downsizing is easier and life will be less complicated living in this one level, spacious two bedroom, two bathroom home. Just renovated. New flooring in hall, bedrooms, bathrooms, living room and dining area. New kitchen counter, backsplash and lighting. Freshly painted throughout in a complimentary colour. Move in ready. Close to miles of walking trails, shopping, seniors center and restaurants. Covered parking. BRYAN MARQUESS

DEBBIE ASKIN Direct at 519-766-2710

LEGAL TORONTO DUPLEX W/BACHELOR APARTMENT Freshly renovated, close to parks & transit hub. Separate meters and more – this will not last. Just 5 minutes north of High Park in up & coming Junction neighbourhood. Call ANDREAS KRAUSE to view and for full particulars 519-835-0120.

! LD

JUST LISTED 35 WHISPERING RIDGE DR. $349,900

Yes that’s right! The only detached home with a garage in the south end priced under $350,000! Ideal location for this 4 person rental home. Walk to Stone Rd Mall and close to all amenities. Bus stop is only a few houses away to U of Guelph and downtown. It is rented at $1700/M plus utilities until April 30, 2017. Great location and great investment. LISA CHOU

55 PLUS BUILDING 3 units are currently available in this life lease bldg. Call before they are gone. JACKIE HARRISON

LISTED

2 GOOD SIZED RURAL BUNGALOWS both sold quickly. Have a serious Buyer looking.

THINKING OF SELLING IN THESE AREAS? CALL ME

* Commercial lot w Buildings in York/Elizabeth & Victoria * bungalow in Waterloo-Wellington up to $950,000 w municipal services * Guelph-Eramosa or Puslinch up to $600,000

DON MCLAUGHLIN

WILL LENSSEN Direct: 519-830-4799

JUST REDUCED TO $310,000 In this unique condominium community you’ll find a charismatic country bungalow, with 2 bedrooms and 2 bathrooms. Enjoy the bright kitchen with ample cabinet space along with a gas fireplace in the living room. Main floor laundry, a small study area and more! A recently added 6 sided sunroom of supreme quality. Call COLIN MACDONALD, direct 519 212-0776.

LOOKING FOR A BUNGALOW

1800-2200 sqft in south end. Qualified buyers ready to go!! Call CHRISTIANNE CHILD or TERRA WHITE at (519) 836-1072

Maria Annable

Sales Representative

Will Lenssen

Sales Representative

Debbie Askin

Haosen Cai

Christianne Child

Sales Representative

Carl A. Leybourne

Colin MacDonald

Bryan Marquess

Sales Representative

Broker

Parmpreet Chohan

Sales Representative

Mani Mattu

Sales Representative

Lisa Chou Broker

Don McLauglin

Sales Representative

Baz Durzi

Sales Representative

Sean Myslik

Sales Representative

Nitsa Eliopoulos

Sales Representative

Hugh Peloso

Sales Representative

Natasha Gosse

Sales Representative

Rob Pigozzo

Sales Representative

Jackie Harrison Broker

Sarah Rubenstein

Sales Representative

Jane E. Hastings

Sales Representative

Gasper Russo

Broker of Record

Susan Kenny

Sales Representative

Glenn Stanley

Sales Representative

Andreas Krause Broker

Nancy Vallance

Sales Representative

Harold Lee Broker

Terra White

Sales Representative

November 11 - November 17, 2016

Your Local Listings by REAL ESTATE UPDATE

Guelph & District Association of REALTORS®

Photo: © Stock Photo Secrets

THE FRENZY OF THE HOUSING MARKET: let’s discuss what’s really happening With recent changes to mortgage lending imposed by The Department of Finance, many wonder what the market expectations are for the national and local market housing markets. There were several changes announced on October 3 but the most wide-reaching will be the impact on high ratio mortgages (home purchases with less than 20% as a down payment). This restriction doesn’t just apply to first-time homebuyers, but generally anyone in the middle class who will be buying a home that requires default insurance. This impact will mean a 20% drop in purchasing power for these individuals. For example if you were approved for a purchase price of

2016 that there was only one month’s of inventory on the market (a balanced market would have about a three month inventory). Unfortunately home affordability is not congruent with the provinces push towards limiting space and intensification of housing. We can clearly see this as homes in Guelph’s downtown core continue to aggressively appreciate in value. Guelph, K/W and Cambridge will continue to see net migration from places like Toronto and Milton as these migrants will see the area as an inexpensive alternative to the GTA. This local area will continue to see good price appreciation because of these factors.

“NEARLY 25% OF THE POPULATION WHO ARE MOVING UP INTO A NEW HOME MARKET CATEGORY ALSO PURCHASE THEIR NEXT HOME WITH LESS THAN 20% AS A DOWN PAYMENT.” $450,000 with ten percent as a down payment now they’ll be able to buy for $360,000 instead. Most of the conversation around these changes has included only the first time buyer; however I believe that nearly 25% of the population who are moving up into a new home market category also purchase their next home with less than 20% as a down payment. This change was focused on cooling the housing market in overheated areas such as Vancouver and the GTA. Home inventory in the Guelph, K/W Cambridge area will continue to be low, which will drive strong home appreciation. The Guelph and District Association of REALTORS® reported in October

This may be a good option for those who are self-employed and show little taxable income. Over the next five years there will be a massive transfer of wealth from one generation to another as baby boomers pass on their wealth to their children. Many parents are now considering giving their children early inheritances to purchase a home and allow their children to have a 20% down payment on a home. The new mortgage rules do not apply to home purchases with more than 20% as a down payment. Consider renovating your home instead of moving. If you love where you live but just need a little more room or an update to the house, home renovation is a good alternative. You can often tap into the existing equity in your home to update a kitchen or bathroom and perhaps add a room or another level to your home.

WHAT CAN CONSUMERS DO?

OTHER OPPORTUNITIES IN THE MARKETPLACE:

Readjust your expectations for home ownership and plan for the future. Most people strive to purchase a single detached home, but that may not be realistic now. Adjusting your expectations to buy a condo or a town house and then planning to move up in five to seven years is a reality and a good alternative to renting for five years.

Purchases of rental properties or multi-unit residential properties are an opportunity to rent to tenants who have good jobs and credit but need to save more for a down payment. Lending money privately to individuals who don’t qualify for bank mortgages under the new guidelines is a good option for those who have the ability to lend their money. Many individuals who are self-employed and show little taxable income and have a good credit rating are good credit risks and are open to working with private lenders to help them get into a home or purchase rental properties. Mortgage brokers are professionals and can help both lenders and buyers alike.

Get some help from a family member. If you’re still focused to buy in a price category where you feel you want to be, but cannot qualify for under the new guidelines, find a co-signer. A co-signer with good income stability and credit history can put you into a higher home purchase category.

— ARTICLE SUBMITTED BY SANDRA LASTOVIC, SENIOR MORTGAGE AGENT, THE MORTGAGE CENTRE —

•

November 11 - November 17, 2016

Your Local Listings by REAL ESTATE UPDATE

Guelph & District Association of REALTORS®

PAUL’S PICS

$699,900

NEW PRICE!

1 OWNER EXECUTIVE BUNGALOW IN VBA SENIORS COMMUNITY OPEN HOUSE: Saturday, Nov. 12th 1:00-3:00 PM

47 Parkside Dr., Guelph

Rare opportunity – 2 Car garage on 50 foot Lot with a long list of inclusions and upgrades. Ashbury C model with sunroom leading to 2 year old deck. Seller has offered to include all patio furniture, enclosed gazebo with patio and BBQ extra sized ½ propane and other ½ charcoal smoker. Very private yard creates summer oasis. Most of main floor has been renovated including kitchen with 2 pantries, Corian countertops. Open to dinette and sunroom. Large living room with fireplace and hardwood floors and formal dining room. Den features built in maple cabinets. Master has WIC and ensuite with walk in shower. 2nd bedroom has twin electric beds Seller is willing to include. RecRm features man cave with custom oak wet bar with side shelving unit and separate wine rack! All are included with 2 tall boy stools. There is a spare bedroom and another room with bunkbeds that can be included if desired. A customized wine making room also is in basement as well as a cedar lined storage closet.

$624,900

Get the DREDGE EDGE today! Call Paul! Accredited Seniors Agent 20+ years in Real Estate

Paul Dredge Sales Representative

pauldredge@royallepage.ca www.pauldredge.com

www.royalcity.com

519-821-6191

38 PELLISIER STREET N., ALMA

CALLING ALL CAR ENTHUSIASTS... Welcome to this Classic Spanish style 2700+ sq ft custom built home on almost an acre. A beautiful fountain in the centre of a circular cement drive and gorgeous cathedral ceilings lined with BC Fir give the house a grand feel. For the car enthusiast this house has not one but two attached heated/ insulated garages, 2600 sq ft with a total of 8 parking spots. An abundance of mature trees provide privacy while 2 deck areas provide ample entertaining space. The great room has an impressive gas fireplace rising up to the cathedral ceiling. Four bedrooms provide lots of space for a large family or even a B&B for the adventurous. A fully finished basement adds 2200 sq ft and includes a large theatre room with a projector and surround sound. Enjoy movie nights in grand fashion! Two offices, a games room, sewing room and laundry room round out this custom home. Everything your heart desires! CALL TODAY!

Angela Berriman Sales Representative

‘Working for You!‛

Cell:

(519) 993-1913 Office: (519) 787-0203 BuyNSellwithAngela@gmail.com

Stick With Your REALTOR

Your local REALTOR® can become an expert on your speciﬁc needs and tastes. Scattering your time and energy amongst multiple REALTORS® will work against your goal of ﬁnding your best home. And because most local REALTORS® have equal access to the same property listings, there’s no real advantage to having multiple REALTORS®. Your best option: choose one local REALTOR® to work with exclusively towards your real estate goals.

www.GuelphAndDistrictREALTORS.ca

Your Local Listings by REAL ESTATE UPDATE

November 11 - November 17, 2016

e s u o H n e p O ! e e r n o i l n M O s g Listin Open Houses! Saturday, Nov. 12

Gold Chris Bisson & Sandra Lastovic

Guelph & District Association of REALTORS®

Marc Petitpas, VP of Sales

2016

PRICE

TIME

ADDRESS

REPRESENTATIVE

BROKERAGE

$400,000

2:00-4:00 PM

14 Western Avenue, Guelph

Bruce Weiler

Re/Max Real Estate Centre Inc.

$449,900

12:00-1:00 PM

160 Wellington Rd. 7, Fergus

Paul Martin

Edge Realty Solutions

$479,900

2:00-4:00 PM

78 Katemore Dr., Guelph

Karen Jans

Royal LePage Royal City Realty

$569,900

12:00-1:00 PM

35 Bricker Ave., Elora

Melissa Seagrove

Edge Realty Solutions

Complementary Real Estate Services Inc.

Ask us about our cooperating REALTOR® offer!

125 Norfolk St, Guelph

500 Hanlon Creek Blvd., Guelph $624,900

1:00-3:00 PM

47 Parkside Drive, Guelph

Paul Dredge

Royal LePage Royal City Realty

Bisson.C@TheMortgageCentre.ca Lastovic.S@TheMortgageCentre.ca

MPetitpas@FusionHomes.com Sales@FusionHomes.com

$639,900

12:00-1:00 PM

10 Bricker Ave., Elora

Sharon O’Shea

Edge Realty Solutions

www.SkipTheBank.ca

www.FusionHomes.com

$975,000

12:00-1:00 PM

6822 Hwy 6 North, Fergus

Linda Marquardt

Edge Realty Solutions

(519) 763-3900

1-877-862-8850

Silver

Your Hometown Realty

519-846-4663

www.HometownRealty.ca

Open Houses! Sunday, Nov. 13

Scotiabank

Canadian Home Inspection Services

Meridian Credit Union

Re/Max Real Estate Centre

www.Scotiabank.com

www.CanadianHomeInspection.com

www.MeridianCU.ca

www.ReMaxCentre.ca

1-800-4-SCOTIA

226-820-1744

519-837-2233

Smith Valeriote Law Firm LLP

DLC Home Capital Solutions Inc. (FSC010844)

MortgageGuys.com

www.SmithValeriote.com

www.HomeCapitalSolutions.ca

MortgageGuys.com

519-837-2100

1-877-662-0225

519-836-6365

RBC Royal Bank

519-341-6900

1-866-871-9868

Mortgage.RBC.com

2016

PRICE

TIME

ADDRESS

REPRESENTATIVE

BROKERAGE

$400,000

2:00-4:00 PM

14 Western Avenue, Guelph

Bruce Weiler

Re/Max Real Estate Centre Inc.

$479,900

2:00-4:00 PM

78 Katemore Dr., Guelph

Karen Jans

Royal LePage Royal City Realty

You’ll find even more Open Houses at gdar.ca/open-houses

Sold by a REALTOR® MLS® Market Analysis

Trillium West Real Estate

Planet Realty Inc.

At Home Group Realty Inc.

HomeLife Power Realty Inc.

Coldwell Banker Neumann

www.trilliumwest.com

www.PlanetRealty.ca

www.HomeGroupRealty.ca

www.HomeLifePower.ca

www.CBN.on.ca

226-314-1600

519-837-0900

226-780-0202

519-836-1072

519-821-3600

Bronze AmeriSpec

Pillar To Post

Professional Home Inspections

BrokerLink

Richard R. Morrow Law Office

Building Insights Inc.

RLB LLP

Champion Mortgage Inc.

TOWNSHIPS OF PUSLINCH AND GUELPH-ERAMOSA

Number of Homes

Includes detached, semi-detached, townhouses, & apartment units

Sold Year-to-Date

Home Inspection Services

Centre Staged Inc.

CITY OF GUELPH

CENTRE WELLINGTON TOWNSHIP

Chartered Accountants & Business Advisors

StayBridge Suites

Guelph’s Only Extended Stay Hotel!

2180

2016

420

2016

2015

2139

2015

414

2015

2016 Trending: Up 2% from 2015

Year-to-Date

Includes detached, semi-detached, townhouses, & apartment units

Teranet/Geowarehouse/Vimo

Lobban Stroud Ltd.

2015

The Real Estate Book

Paquette, Travers & Deutschmann

Welcome Home Inspection Services

Peter A. McSherry Law Office

Winmar Guelph

Thank You To Our 2016 Sponsors Sponsors!!

2016 Trending: Up 7% from 2015

Year-to-Date

Home Improvement Professionals

Visual Advantage

212

Includes detached, semi-detached, townhouses, & apartment units

2016

Nelson Watson LLP

2016 Trending: Up 1% from 2015

227

Average Sales Price Average Sales Price Average Sales Price

TD Canada Trust

Guelph & Wellington County

Sold Year-to-Date

2016

Cheryl Stelzer Barrister & Solicitor

Mortgage Architects

Sold Year-to-Date

$413,134 $369,140

2016 Trending: Up 12% from 2015

Home Selling

2016

$400,611

2015

$361,863

2016 Trending: Up 11% from 2015

Home Selling

2016

$710,036

2015 $544,428 2016 Trending: Up 30% from 2015

Home Selling

Indicators (previous month)

Includes detached, semi-detached, townhouses, & apartment units

Months of Inventory

# Days on Market

2016 Trending: Seller’s Market

Months of Inventory

# Days on Market

2016 Trending: Seller’s Market

Months of Inventory

# Days on Market

2016 Trending: Seller’s Market

Updated Oct. 31, 2016. Sales information has been drawn from sources deemed reliable, but accuracy and completeness of the information is not guaranteed. The Guelph & District Association of REALTORS® does not assume any responsibility or liability, and all numbers should be independently verified.