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Average price of homes sold in October up over $100K from last year: CREA

Almost exactly the same number of residential units were sold this October as last October
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The Guelph and District Association of Realtors reports that home sales are down slightly from September, but still set a new record for the month of October.

There were a total of 492 residential unit sales in the month of October 2020. This marks a decrease of 27 home sales from Septembe and a jump of 5 per cent from last October.

The Canadian Real Estate Association says new listings in October remained near record-high levels.

In October 2020:

  • 492 residential units were sold
  • $741,746 was the average price of homes sold
  • 523 new residential listings were posted

In September 2020:

  • 519 residential units were sold
  • $757,424 was the average price of homes sold
  • 628 new residential listings were posted

To compare, in October 2019:

  •  493 residential units were sold
  •  $612,682 was the average price of homes sold
  •  477 new residential listings were posted

For more information on the Guelph and District real estate statistics for the month of October, click here.




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