In October 2023, Greater Sudbury’s house activity totals 240 new listings and 131 sold closings. The resulting 54.58% flow ratio is a useful measure of monthly market movement when it is kept separate from inventory and same-property conversion.
October 2023 at a glance
New house listings
240
Sold house closings
131
Same-period flow ratio
54.58%
The 54.58% same-period flow ratio leaves a wider gap between new listings and sold closings in October 2023. The gap does not establish how many homes remain available: this measure does not track active inventory, expired listings or property condition.
How the month compares
| Comparison | New listings | Sold closings |
|---|---|---|
| October 2023 | 240 | 131 |
| Change from previous month | +5.7% | -4.4% |
| October 2022 | 159 | 111 |
| Change from one year earlier | +50.9% | +18.0% |
| 12 months ending October 2023 | 2,207 | 1,582 |
The two activity streams move in different directions from the previous month. New listings are up 5.7%, while sold closings are down 4.4%. This split can change the negotiating experience even when one headline count looks stable.
Compared with October 2022, this month records 50.9% more new listings and 18.0% more sold closings. That year-over-year view helps separate the current month from ordinary calendar swings, while still leaving room for differences in price range, location and property condition.
What buyers can take from October 2023
The 240 new-listing events show the number of fresh house opportunities entering the Greater Sudbury house segment during the month. They do not reveal how those homes are distributed by neighbourhood, price or condition. A buyer should compare the specific homes available now, then use recent comparable sales to decide where competition is real and where a condition or price adjustment may be reasonable.
The 131 closings belong to agreements often negotiated before October 2023. They show completed demand, but they are not a count of offers being written today. Buyers can protect themselves by keeping financing current, reviewing disclosures and inspection options, and setting a maximum price from the payment and property—not from the monthly ratio alone.
What sellers can take from October 2023
For a seller, 240 new listings define the month’s incoming competition. The most useful comparison set is narrower: similar homes in the same part of Greater Sudbury, near the same price and in comparable condition. A launch price should reflect that live competition as well as completed sales.
The 54.58% flow ratio helps describe the overall pace, but it does not guarantee a sale. Presentation, access, photography, disclosure, offer terms and adjustment timing remain property-level decisions. If early showing and inquiry patterns are weaker than comparable listings, respond to that evidence rather than waiting for a citywide headline to solve the mismatch.
How to use the 12-month view
The 12 months ending October 2023 contain 2,207 new-listing events and 1,582 sold-closing events. That longer window softens some monthly seasonality and gives a more stable sense of market scale. It should still be paired with the latest comparable properties because a rolling annual total can include conditions that are no longer dominant.
What these counts include
This October 2023 snapshot covers House listings in the Greater Sudbury MLS records reviewed. New-listing events are assigned by listing-contract date and sold-closing events by valid closing date. An address may return under a different MLS number after a listing ends, so listing-event counts are not unique-property counts. The same-period flow ratio divides the month’s sold closings by its new listings; it is not inventory, absorption, days on market or same-listing conversion.
Source: MLS house listing and closing records for Greater Sudbury districts in this series. Condominiums, vacant land and multi-residential properties may follow different patterns. These figures do not measure every property type or forecast the next month.
Place the October 2023 figures in the longer record with the Greater Sudbury market-history hub, or compare locations and daily-life priorities with the Living in Greater Sudbury guides.
Monthly scope: October 1–31, 2023. Counts cover the house segment described above.
Expect Moore for Your Real Estate.
— Chad Moore, REALTOR®
— Lake City Realty Ltd., Brokerage