Sudbury Market Check-In
Here is a summary of the Greater Sudbury Real Estate Board statistics from the CREA report:
Sales Activity Surge: Home sales reached 320 units in July 2026, marking a 7.7% increase compared to July 2025. Residential sales have not reached this level for the month of July in more than five years.
Record Dollar Volume: Total home sales value hit $159.7 million in July 2026, setting a new single-month record for the month of July (up 7.4% year-over-year).
Price Trends:
The MLS® HPI Benchmark Price was $512,000, increasing by 2.8% year-over-year.
The Average Sale Price in July 2026 was $499,198, remaining nearly unchanged (down 0.3% year-over-year).
Supply & Inventory:
New Listings: Rose 7.1% to 467 units, reaching the highest number of new listings added in the month of July in more than a decade.
Active Listings: Rose to 800 active units (+2.4% year-over-year), the highest level for July since 2019.
Months of Inventory: Stood at 2.5 months, down from 2.6 months in July 2025 and remaining below the long-run average of 3.1 months.