August has closed, and the local single-family MLS selection shows 158 sold homes at a $489,250 median sale price. These are useful guideposts as September begins, but the current alternatives and a property's condition matter more to an offer or asking price.
August 2026 at a glance
- 254 new listing entries dated to August 2026
- 158 sold closings dated to August 2026
- $489,250 median close price among recorded sales
A listing dated to the month and a sale closing in the month are not necessarily the same home. Dividing sold closings by new listings would not measure the share of new homes that sold. An address can return under another MLS number after a listing ends. I check contract and off-market dates, address and property details before linking records; these headline counts describe listing events, not distinct properties.
What buyers can do with this information
Begin with the homes available in your price range and the recent sales that really compare. Check taxes, financing, condition and likely repairs before choosing an offer. A home with a longer listing history deserves a closer look at its price and condition, but an earlier cancelled or expired listing does not by itself prove the property failed to find interest.
What sellers can do with this information
Put your home beside the alternatives a buyer can tour now. Compare location, layout, condition and carrying costs, then watch the quality of enquiries during the first days on market. A regional median cannot replace a property-level price range or a plan to respond when the competing set changes.
About the figures: These Greater Sudbury single-family MLS records count new listings by the date on the listing agreement and sales by their recorded closing date, provided a sale price above zero is recorded. These records cover a narrower area than the Sudbury Real Estate Board's full reporting area. Counts can include a home listed again under another MLS number, and records may be revised. The August counts and median cover the completed month; they are not a comparison of incomplete August records with July.
For a specific move, I would use these figures as context and then narrow the comparison to the properties that fit your situation. See the market-update archive, the buyer process and the seller process.
Expect Moore for Your Real Estate.
Chad Moore, REALTOR®
Lake City Realty Ltd., Brokerage