If you live in Tbd5 and you have been wondering whether the market is still hot, the short answer is yes - at least for houses. We are seeing homes sell in an average of 2 days, and buyers are paying above asking. That is not a typo. The average sale price came in at $810,200, and sellers are walking away with 102.57% of their list price. In a market where a lot of neighbourhoods are cooling off, that is a real signal worth paying attention to.
Condos tell a slightly different story. Values have dipped 2.31% recently, and the predicted market value of $734,430 is sitting just below the 3-month moving average of $737,567. It is not a freefall - but it is a nudge in the wrong direction for condo owners who have been sitting on the fence.
Here is the split for us locals:
For house owners, the trajectory is pointing up. For condo owners, the market is taking a breather. Knowing which camp you are in matters a lot right now.
Here is a stat worth bragging about at the next block party. For houses, Tbd5 ranks 2 out of 22 neighbourhoods in Guelph for growth rate. That puts us near the very top of the city. Days-on-market rank is 1 out of 5 - meaning we are the fastest-selling neighbourhood in that comparison group. Price rank sits at 2 out of 4, which puts us above average for Guelph overall.
For context, nearby Old University carries a predicted house value of $1,058,030 - higher than us - but we are outpacing most of the rest of the city. Tbd6 and Hanlon Creek are both priced lower, which makes Tbd5 a strong middle-ground option for buyers who want quality without the Old University price tag.
Condo growth ranks 10 out of 23 in Guelph - above average, but not leading the pack. If you own a condo here, you are not in trouble, but you are not riding a wave either.
Here is the thing about your city assessment: it is a snapshot from the past. It does not know what sold on your street last week. It does not factor in the rate at which Tbd5 houses are flying off the market in 2 days flat.
The HonestDoor Price is updated in real time. For houses in Tbd5, that number sits at $939,138 right now - and the predicted value of $940,913 is climbing above the 3-month average. That gap between what the city thinks your home is worth and what a buyer would actually pay today? That is money left on the table if you are not paying attention.
For condo owners, the HonestDoor Price of $733,030 is your real-world check. If your tax assessment is higher than that, you might even have a case to revisit what you are paying. Either way, you deserve the accurate number - not a government estimate that could be years out of date.
If you own a house in Tbd5, the conditions are about as good as they get. Buyers are paying over asking. Homes are gone in 2 days. Values are trending up. If selling has been on your mind, waiting for a better window could mean waiting a long time.
If you own a condo, the picture is more nuanced. Values are down 2.31% recently and the trend line is pointing slightly lower. That does not mean panic - a rental yield of 3.46% and a top-3 Airbnb ranking in Guelph mean your property still earns. But if you were planning to sell in the next year or two, sooner may serve you better than later.
Either way, the first step is knowing your real number. Check your HonestDoor Price before you call an agent, before you set a list price, and definitely before you rely on whatever the city last told you your home was worth.
tbd5 | guelph | september 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.