Greater Sudbury House Market: December 2024

The December 2024 House listing record contains 52 new-listing events and 70 sold closings. Its 134.62% same-period flow ratio reflects more December closings than new starts, not a same-home conversion rate.

December 2024 at a glance

New house listings

52

Sold house closings

70

Same-period flow ratio

134.62%

House activity recorded during December 2024
New listings52
Sold closings70

The 134.62% same-period flow ratio means the month records more sold closings than new listings. That can happen because a closing in December 2024 may come from a listing accepted in an earlier month; it is not a same-home conversion rate.

How the month compares

Comparison New listings Sold closings
December 2024 52 70
Change from previous month -63.6% -44.4%
December 2023 56 72
Change from one year earlier -7.1% -2.8%
12 months ending December 2024 2,332 1,799

Activity contracts from the previous month, with new listings down 63.6% and sold closings down 44.4%. That shared slowdown is important in a year-end period: it describes fewer events, not automatically weaker value for every home.

Compared with December 2023, December 2024 records 7.1% fewer new listings and 2.8% fewer sold closings. That year-over-year view helps separate December 2024 from ordinary calendar swings, while still leaving room for differences in price range, location and property condition.

What buyers can take from December 2024

The 52 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 70 closings belong to agreements often negotiated before December 2024. 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 December 2024

For a seller, 52 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 134.62% 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 December 2024 contain 2,332 new-listing events and 1,799 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 December 2024 snapshot describes the registered House subset within the intended SREB-defined Greater Sudbury geographic partitions; it is not a certified complete City-wide count. New-listing events are assigned by listing-contract date and sold-closing events by valid closing date. An address can return under a new MLS number after a listing ends; these counts are listing events, not unique properties. 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 listing-event records for Greater Sudbury geographic partitions, limited to BuildingType=House. This House subset does not represent every single-family residential subtype, a certified complete City census or the Sudbury Real Estate Board reporting area. The counts do not forecast a later month.

Place the December 2024 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: December 1–31, 2024. Counts cover the house segment described above.

Expect Moore for Your Real Estate.
— Chad Moore, REALTOR®
— Lake City Realty Ltd., Brokerage