July has finished with slightly fewer listing entries and closings than June in the Greater Sudbury MLS selection. The change is useful context for a summer move, but it does not set a price for any particular home.
July 2025 at a glance
- 289 new listing entries dated to July 2025
- 212 sold closings dated to July 2025
- $485,000 median close price among recorded sales
Compared with June, the selection recorded 295 listing entries, 226 sold closings and a $488,000 median close price. These monthly groups contain different homes, so a change in the median is not a same-home price change.
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.
The median close-to-recorded-list-price relationship was 100.00%. The recorded list field may reflect a price change, so this is neither an original-ask measure nor an offer formula.
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: This local Greater Sudbury single-family MLS selection records listing entries by ListingContractDate and sold closings by CloseDate with a positive ClosePrice. Its coverage is narrower 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 median is the middle close price, not a home-price index.
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