Sudbury Market Check-In
Here is a summary of the Greater Sudbury Real Estate Board statistics from the CREA report:
Sales Activity Moderation: Home sales totaled 238 units in August 2026, marking an 8.1% decline compared to August 2025. Sales ran 2.5% below the five-year average and 11.3% below the 10-year average for the month.
Dollar Volume: Total home sales value reached $118.2 million in August 2026, falling 4.8% compared to the same month last year.
Price Trends:
MLS® HPI Benchmark Price: Reached $499,500, a modest increase of 1.0% year-over-year.
Average Sale Price: Recorded at $496,588 in August 2026, a minor gain of 3.6% year-over-year (with the year-to-date average standing at $506,305, up 0.5%).
Supply & Inventory:
New Listings: Jumped 16.4% to 390 units, marking the highest volume of new listings added in the month of August in more than five years.
Active Listings: Rose to 817 active units (+12.2% year-over-year), reaching their highest level for August in more than five years.
Months of Inventory: Climbed to 3.4 months (up from 2.8 months in August 2025), moving slightly above the long-run historical average of 3.3 months for this time of year.