Greater Sudbury market | October 13, 2026
Greater Sudbury Homes Brief
The number of available homes is nearly unchanged from last week, while recent sales are moving at different speeds by price range. Use the budget and area tables to judge a home against its real alternatives.
Data cutoff: October 13, 2026 at 4 p.m. EDT. SREB MLS single-family residential export for the supplied City of Greater Sudbury district selection. It includes houses, townhomes and condos classified as single-family dwellings. Conditional listings are shown separately from available homes.
What is happening now
The quick read
Available listings moved from 366 on October 6 to 363 in this matched export definition. Another 32 records are conditional, compared with 40 a week earlier. Those counts describe listing records at two snapshots; they do not identify every home entering or leaving the market in between.
Forty-two sales closed in the latest seven days at a $513,625 median. The broader 30-day median is $466,600 across 166 sales; the 90-day median is $476,628 across 525. These different groups of homes should not be read as a change in any individual property value.
What I would do with this: buyers below $700,000 still face roughly 1.5–1.9 months of stock in the broad price bands, so be ready for a good fit. Above $700,000, compare more alternatives and check how long they have been listed. Sellers should price against their own segment, not the citywide median.
Trend, not a prediction
Is the market turning?
Choice is steady this week
Available records were 355 on September 15, 361 on September 22, 382 on September 29, 366 on October 6 and 363 on October 13. The latest change is just three homes. I would wait for more snapshots before calling it a sustained decline.
Sales vary by window
The latest 30 days contain 166 sales, versus 144 in the preceding non-overlapping 30-day period. Forty-two of those sales closed in the latest seven days. More sales do not by themselves establish firmer prices because the mix of homes changes.
The longer selling signal is still more selective
The latest 30-day median sale is $466,600, versus $492,500 in the preceding non-overlapping period; median listing time fell from 19.5 to 14.5 days. About 29.5% of latest-period sales finished more than $2,000 above the recorded list price, close to the prior period's 29.2%. Across 90 days, 302 of 525 sales finished below the recorded list price, 69 near it and 154 above. The recorded ask may have changed while a property was listed.
The 90-day median listing time was 16 days, compared with 12 in the preceding non-overlapping 90 days. Its above-ask share was 29.3%, versus 43.6% in the earlier period. That is a useful competition signal, but it is not a same-home price index or a forecast.
See six 30-day periods behind that direction
| Period | Sales | Median sale | Median listing days | Above recorded ask |
|---|---|---|---|---|
| Apr 17–May 16 | 159 | $540,000 | 10.0 | 45.3% |
| May 17–Jun 15 | 232 | $497,556 | 11.0 | 47.8% |
| Jun 16–Jul 15 | 228 | $490,000 | 13.0 | 38.2% |
| Jul 16–Aug 14 | 215 | $480,000 | 15.0 | 29.3% |
| Aug 15–Sep 13 | 144 | $492,500 | 19.5 | 29.2% |
| Sep 14–Oct 13 | 166 | $466,600 | 14.5 | 29.5% |
Each period uses sold records by close date. October 13 includes only records in the supplied 4 p.m. export.
How long are homes taking?
Available homes have already been listed for a median of 34 days, and their wait is not over. Of 363 available records, 194 have passed 30 days and 66 have passed 90. Sold homes in the latest 90 days had a 16-day median; looking only at sold homes would miss the slower unsold stock.
| Group | Records | Median listing days | Median cumulative days |
|---|---|---|---|
| Available now | 363 | 34.0 | 42.0 |
| Conditional now | 32 | 18.0 | 20.5 |
| Sold | 525 | 16.0 | 19.0 |
| Cancelled | 151 | 35.0 | 46.0 |
| Suspended | 20 | 33.0 | 37.0 |
| Expired | 54 | 92.0 | 97.0 |
In the latest 90 days, 151 listings were cancelled and 54 expired, alongside 20 suspended records. The 205 cancelled or expired records are about 28% of sold, cancelled and expired outcomes combined. They are listing episodes, not unique homes: a property can return under a new MLS number.
If a listing has drawn little serious interest after two weeks, compare its price, photos and condition with the homes buyers can visit now. Buyers should check earlier listings for the same address before assuming a fresh MLS number means a new opportunity.
Where you shop matters
What changes with your budget?
The broad bands below $700,000 have roughly 1.5–1.9 months of stock at the latest 30-day sales pace. The $700,000–$1 million band has 4.1 months. At $1 million or more, 38 available records against only two sales in 30 days produce a volatile 19.0-month ratio.
| Price band | Available | Sold 30 days | Median sold price, 90 days | Months of stock |
|---|---|---|---|---|
| Under $300K | 46 | 24 | $254,950 | 1.9 |
| $300K–$400K | 49 | 29 | $360,000 | 1.7 |
| $400K–$500K | 63 | 43 | $445,000 | 1.5 |
| $500K–$700K | 98 | 51 | $561,000 | 1.9 |
| $700K–$1M | 69 | 17 | $799,850 | 4.1 |
| $1M+ | 38 | 2 | $1,230,000 | 19.0 |
For buyers
The $400,000–$500,000 band has 63 available homes against 43 sales in 30 days, the tightest broad band here at 1.5 months. Be prepared for a good fit, but compare condition and listing history before assuming an above-ask offer is required.
For sellers
At $1 million or more, only two sales closed in 30 days. That makes the stock ratio especially sensitive to one additional sale. Price and presentation against your actual competitors matter more than that single ratio.
Turn the numbers into a search
Features and areas
Feature and area groups help narrow a search; they do not assign a separate value to a garage, lake or neighbourhood. A home can appear in several feature groups, and homes within one area can differ substantially.
Compare five common search needs
| Search need | Available | Sold 90 days | Median sold price | Months of stock |
|---|---|---|---|---|
| 3+ bedrooms, 2+ bath spaces | 272 | 411 | $514,000 | 2.1 |
| 4+ bedrooms | 174 | 258 | $520,000 | 2.3 |
| Garage | 216 | 320 | $530,000 | 2.2 |
| Finished or partly finished basement | 245 | 390 | $505,000 | 2.0 |
| Waterfront | 62 | 31 | $800,000 | 8.9 |
Waterfront has 62 available records against seven sales in 30 days, or 8.9 months of stock. Lake, access, services and condition still matter more than a single median. “Two bath spaces” includes half baths; a partly finished basement may not be fully usable living area.
For a price-led search, compare your budget across the area table below. Valley East and New Sudbury provide larger recent-sale groups; smaller areas can shift sharply with one or two transactions. Choose two or three areas and the features you truly need, then loosen one filter if the shortlist is thin.
See all 15 area groups
| Area group | Available | Sold 90 days | Median sold price | Months of stock |
|---|---|---|---|---|
| Capreol | 15 | 11 | $400,000 | 3.8 |
| Chelmsford & Azilda | 28 | 55 | $499,900 | 1.6 |
| Coniston & Wahnapitae | 16 | 21 | $380,000 | 1.6 |
| Copper Cliff | 3 | 14 | $422,500 | 0.4 |
| Downtown & City Centre | 5 | 5 | $382,000 | 5.0 |
| Flour Mill & Donovan | 18 | 22 | $328,000 | 4.5 |
| Garson, Falconbridge & Skead | 21 | 31 | $460,000 | 1.5 |
| Hospital Area | 14 | 25 | $431,000 | 2.3 |
| Minnow Lake | 22 | 34 | $497,500 | 3.1 |
| New Sudbury | 37 | 73 | $475,000 | 1.7 |
| Onaping, Levack, Dowling & Northwest | 27 | 14 | $366,500 | 6.8 |
| South End, Lo-Ellen & Lockerby | 65 | 67 | $640,000 | 3.2 |
| Valley East | 53 | 85 | $522,000 | 2.1 |
| Walden | 18 | 54 | $469,250 | 1.0 |
| West End & Gatchell | 21 | 14 | $372,500 | 4.2 |
The groupings reflect the source export's subdistricts. Small-area stock ratios can swing sharply when a month has only one or two sales.
What I will watch next
Does steady inventory hold?
If available listings continue to fall while sales hold up, buyers may have less room to wait. If inventory rises and listings keep aging, the current near-steady count will have been a pause. I will watch both before calling the market one way or the other.
Source and measurement notes
How to read the numbers
The current snapshot is the user-supplied October 13 SREB MLS export at 4 p.m. EDT. Available means active-type listing records without an off-market date; conditional is separate. The seven-day window is October 7–13, the 30-day window September 14–October 13, and the 90-day window July 16–October 13. October 13 includes only records present in the export.
Months of stock equals available listing records divided by sold records in the latest 30 days. Asking-price bands use current asking prices; sale bands use sold prices. “At asking” means within $2,000 of the recorded ListPrice, which may not be the original ask. The export does not show offers or a complete repricing history.
DOM and CDOM are listing-record fields. Current ages are unfinished waits; ended statuses describe completed listing episodes, not unique homes. The City-district selection and 15 area groups follow the same mapped MLS subdistrict definition as the October 6 brief, not a fresh municipal-boundary filter. The separate open-house PDF supplies event times; one entry has an unusual 5 a.m. start and is flagged for confirmation in the Guide.
Make it useful for your move
Your next step
If you are buying
Start with your budget row and two or three areas. Save three homes you would actually consider, then compare condition, price history and time on market. If an open house is on your shortlist, use the guide and confirm its time before you go.
If you are selling
Put your home beside three active alternatives and three recent comparable sales. We can set a launch price and a point to review the response after two weeks, using your own segment rather than the citywide median.