Guelph/Eramosa is the GTA's slowest-moving market
Homes in Guelph/Eramosa sit a 82-day median — 22 days above the 60-day GTA pace, so sellers there should price sharply.
457 new listings since yesterday and 921 price cuts logged this week. Guelph/Eramosa is moving slowest at 82 days.
Written and reviewed by Homesly · RE/MAX Realty Specialists Inc., Brokerage · Every figure live from the MLS
The 30-second version
Homes in Guelph/Eramosa sit a 82-day median — 22 days above the 60-day GTA pace, so sellers there should price sharply.
A detached home in Richmond Hill cut its asking price $290K — a 22.5% reduction, from $1.29M to $999K — the sharpest cut of the week among homes priced up to $2.5M.
Median price vs days to sell — bubble size is inventory. Every market links through.