The 2024 registered cohort recorded increases in listing events, sold close events and median close price. The year is best described through those named measures—not with an undefined claim that the market “stabilized.”
Three measures increased in 2024
Listing events increased 4.81% from 2023 to 2,529. Sold close events increased 12.52% to 1,905. The median close price rose 8.16% to $459,700.
These movements describe the records included here. They do not establish board-wide activity, a benchmark-price change or the appreciation of an individual home.
The 2024 numbers
| Measure | 2024 | Change from 2023 |
|---|---|---|
| Listing events | 2,529 | +4.81% |
| Sold close events | 1,905 | +12.52% |
| Median close price | $459,700 | +8.16% |
| Median sale-to-export-list ratio | 100.00% | Unchanged from 2023 |
Houses carried most of the thresholded record count
The thresholded table contains 1,803 house close records with a $466,789 median. It also includes 29 mobile-home records with a $185,000 median and 25 row or townhouse records with a $310,000 median. The overall median reflects this changing composition.
A second year at a 100% median export ratio
The median sale-to-export-list ratio was 100.00%, the same as in 2023. This is a field relationship, not proof that every property sold at list price and not a measure of original-list performance.
What consumers should take from 2024
For sellers, more recorded activity does not remove the need to price against current comparable properties. For buyers, a higher median does not establish the value of a particular house or neighbourhood. For both, the year shows why event volume, price and property mix belong in the same conversation.
Questions about the 2024 change
Did the cohort return to its 2021 event counts?
No. The 2024 counts increased from 2023 but remained below the 2021 baseline.
Does the higher median prove appreciation?
No. Annual raw medians are composition-sensitive and are not same-home measures.
Methodology and limits
The MLS records included in this analysis come from nine registered, geographically partitioned exports. Listing events use ListingContractDate. Sold close events use a valid CloseDate and positive ClosePrice because LastStatus is not a reliable terminal status in these exports. Completeness against every City of Greater Sudbury or board-wide record has not been proven. Price medians are mix-sensitive and are not CREA HPI, benchmark or same-home appreciation measures.
Bring the historical record back to today’s decision
An annual pattern can improve the questions you ask. It cannot replace current comparable properties, condition, location, financing and timing.
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