Greater Sudbury Real Estate Blog

In June 2024, Greater Sudbury’s house activity totals 269 new listings and 196 sold closings. The resulting 72.86% flow ratio is a useful measure of monthly market movement when it is kept separate from inventory and same-property conversion.

June 2024 at a glance

At 72.86%, 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 June 2024.

How the month compares

Activity contracts from the previous month, with new listings down 12.7% and sold closings down 10.1%. That shared slowdown is important in a early-summer period: it describes fewer events, not automatically weaker value for every home.

Compared with June 2023, this month records 1.1% fewer new listings and 2.0% fewer 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 June 2024

The 269 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 196 closings belong to agreements often negotiated before June 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 June 2024

For a seller, 269 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 72.86% 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 June 2024 contain 2,384 new-listing events and 1,727 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 June 2024 snapshot covers houses within the City of Greater Sudbury. New-listing events are assigned by listing-contract date and sold-closing events by valid closing date. 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: aggregated MLS® house listing and closing records for the City of Greater Sudbury. 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 June 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: June 1–30, 2024. Counts cover the house segment described above.

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

Greater Sudbury records 308 new house-listing events and 218 sold-closing events in May 2024. The same-period flow ratio is 70.78%, giving buyers and sellers a clear view of how much activity is moving through the local house segment this month.

May 2024 at a glance

At 70.78%, 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 May 2024.

How the month compares

Both sides of the monthly flow expand from the previous month: new-listing activity rises 13.7% and sold-closing activity rises 17.2%. Buyers see more newly listed options, while the higher closing count shows that earlier agreements are also completing at a faster pace.

Compared with May 2023, this month records 27.8% more new listings and 34.6% 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 May 2024

The 308 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 218 closings belong to agreements often negotiated before May 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 May 2024

For a seller, 308 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 70.78% 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 May 2024 contain 2,387 new-listing events and 1,731 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 May 2024 snapshot covers houses within the City of Greater Sudbury. New-listing events are assigned by listing-contract date and sold-closing events by valid closing date. 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: aggregated MLS® house listing and closing records for the City of Greater Sudbury. 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 May 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: May 1–31, 2024. Counts cover the house segment described above.

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

Greater Sudbury records 271 new house-listing events and 186 sold-closing events in April 2024. The same-period flow ratio is 68.63%, giving buyers and sellers a clear view of how much activity is moving through the local house segment this month.

April 2024 at a glance

At 68.63%, 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 April 2024.

How the month compares

Both sides of the monthly flow expand from the previous month: new-listing activity rises 78.3% and sold-closing activity rises 51.2%. Buyers see more newly listed options, while the higher closing count shows that earlier agreements are also completing at a faster pace.

Compared with April 2023, this month records 76.0% more new listings and 55.0% 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 April 2024

The 271 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 186 closings belong to agreements often negotiated before April 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 April 2024

For a seller, 271 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 68.63% 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 April 2024 contain 2,320 new-listing events and 1,675 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 April 2024 snapshot covers houses within the City of Greater Sudbury. New-listing events are assigned by listing-contract date and sold-closing events by valid closing date. 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: aggregated MLS® house listing and closing records for the City of Greater Sudbury. 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 April 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: April 1–30, 2024. Counts cover the house segment described above.

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

The first-quarter 2024 record closes with 450 new-listing events, 333 sold-close events and a $424,900 median close price in the Greater Sudbury MLS dataset used here. The quarter is a useful market baseline, but it is not a valuation for every property.

March 2024 brings 152 new house listings and 123 sold closings across the City of Greater Sudbury. That is a 80.92% same-period flow ratio, a compact signal of activity rather than a claim about every neighbourhood or property type.

March 2024 at a glance

The 80.92% same-period flow ratio shows sold closings running relatively close to new-listing activity in March 2024. It points to a tighter monthly flow, but it is not an inventory measure and does not prove how quickly any one home will sell.

How the month compares

Both sides of the monthly flow expand from the previous month: new-listing activity rises 6.3% and sold-closing activity rises 7.0%. Buyers see more newly listed options, while the higher closing count shows that earlier agreements are also completing at a faster pace.

Compared with March 2023, this month records 7.3% fewer new listings and 8.2% fewer 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 March 2024

The 152 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 123 closings belong to agreements often negotiated before March 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 March 2024

For a seller, 152 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 80.92% 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 March 2024 contain 2,203 new-listing events and 1,609 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 March 2024 snapshot covers houses within the City of Greater Sudbury. New-listing events are assigned by listing-contract date and sold-closing events by valid closing date. 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: aggregated MLS® house listing and closing records for the City of Greater Sudbury. 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 March 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: March 1–31, 2024. Counts cover the house segment described above.

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

February 2024 brings 143 new house listings and 115 sold closings across the City of Greater Sudbury. That is a 80.42% same-period flow ratio, a compact signal of activity rather than a claim about every neighbourhood or property type.

February 2024 at a glance

The 80.42% same-period flow ratio shows sold closings running relatively close to new-listing activity in February 2024. It points to a tighter monthly flow, but it is not an inventory measure and does not prove how quickly any one home will sell.

How the month compares

Both sides of the monthly flow expand from the previous month: new-listing activity rises 14.4% and sold-closing activity rises 40.2%. Buyers see more newly listed options, while the higher closing count shows that earlier agreements are also completing at a faster pace.

Compared with February 2023, this month records 25.4% more new listings and 22.3% 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 February 2024

The 143 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 115 closings belong to agreements often negotiated before February 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 February 2024

For a seller, 143 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 80.42% 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 February 2024 contain 2,215 new-listing events and 1,620 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 February 2024 snapshot covers houses within the City of Greater Sudbury. New-listing events are assigned by listing-contract date and sold-closing events by valid closing date. 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: aggregated MLS® house listing and closing records for the City of Greater Sudbury. 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 February 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: February 1–29, 2024. Counts cover the house segment described above.

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

Greater Sudbury records 125 new house-listing events and 82 sold-closing events in January 2024. The same-period flow ratio is 65.60%, giving buyers and sellers a clear view of how much activity is moving through the local house segment this month.

January 2024 at a glance

At 65.60%, 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 January 2024.

How the month compares

Both sides of the monthly flow expand from the previous month: new-listing activity rises 123.2% and sold-closing activity rises 13.9%. Buyers see more newly listed options, while the higher closing count shows that earlier agreements are also completing at a faster pace.

Compared with January 2023, this month records 15.0% fewer new listings and 32.3% 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 January 2024

The 125 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 82 closings belong to agreements often negotiated before January 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 January 2024

For a seller, 125 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 65.60% 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 January 2024 contain 2,186 new-listing events and 1,599 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 January 2024 snapshot covers houses within the City of Greater Sudbury. New-listing events are assigned by listing-contract date and sold-closing events by valid closing date. 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: aggregated MLS® house listing and closing records for the City of Greater Sudbury. 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 January 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: January 1–31, 2024. Counts cover the house segment described above.

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