The July 2024 House listing record contains 241 new-listing events and 182 sold closings. Its 75.52% same-period flow ratio compares two event groups, not inventory or same-home conversion.
July 2024 at a glance
New house listings
241
Sold house closings
182
Same-period flow ratio
75.52%
At 75.52%, sold closings represent a substantial share of the month’s new-listing count. The two event groups are not matched property by property, so the ratio is best used as a broad activity signal for July 2024.
How the month compares
| Comparison | New listings | Sold closings |
|---|---|---|
| July 2024 | 241 | 182 |
| Change from previous month | -10.4% | -7.1% |
| July 2023 | 237 | 180 |
| Change from one year earlier | +1.7% | +1.1% |
| 12 months ending July 2024 | 2,388 | 1,729 |
Activity contracts from the previous month, with new listings down 10.4% and sold closings down 7.1%. That shared slowdown is important in a summer period: it describes fewer events, not automatically weaker value for every home.
Compared with July 2023, July 2024 records 1.7% more new listings and 1.1% more sold closings. That year-over-year view helps separate July 2024 from ordinary calendar swings, while still leaving room for differences in price range, location and property condition.
What buyers can take from July 2024
The 241 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 182 closings belong to agreements often negotiated before July 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 July 2024
For a seller, 241 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 75.52% 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 July 2024 contain 2,388 new-listing events and 1,729 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 July 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 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 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 July 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: July 1–31, 2024. Counts cover the house segment described above.
Expect Moore for Your Real Estate.
— Chad Moore, REALTOR®
— Lake City Realty Ltd., Brokerage