Sudbury Real Estate Board
Real Estate Board — Market Data & Trends
Overview
Board Report
Key Takeaways
June 2026- Months of inventory numbered 2.3 at the end of June 2026, down from the 2.5 months recorded at the end of June 2025 and below the long-run average of 3 months for this time of year.
- The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
- The overall MLS® HPI composite/single-family benchmark price was $514,800 in June 2026, essentially unchanged, up just 0.9% compared to June 2025.
- The average price of homes sold in June 2026 was $509,204, increasing by 1.7% from June 2025.
- The more comprehensive year-to-date average price was $510,696, up only 0.1% from the first six months of 2025.
Source: Sudbury Real Estate Board
At 2.3 months of inventory, demand outpaces supply. Well-priced properties sell quickly, and sellers generally have the advantage in negotiations. Buyers should be prepared to act decisively.
Sudbury Real Estate Board Narrative
The number of homes sold through the MLS® System of the Sudbury Real Estate Board totaled 339 units in June 2026. This was an increase of 15.7% from June 2025. Residential sales haven’t hit this level in the month of June in five years.
Home sales were 11.4% above the five-year average and 9.5% above the 10-year average for the month of June.
On a year-to-date basis, home sales totaled 1,095 units over the first six months of the year. This was a large decline of 10.2% from the same period in 2025.
The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite/single-family benchmark price was $514,800 in June 2026, essentially unchanged, up just 0.9% compared to June 2025.
The average price of homes sold in June 2026 was $509,204, increasing by 1.7% from June 2025.
The more comprehensive year-to-date average price was $510,696, up only 0.1% from the first six months of 2025.
The dollar value of all home sales in June 2026 was $172.6 million, up by 17.7% from the same month in 2025. This was a new record for the month of June and was also the largest dollar value of homes sold for any month in history.
The number of new listings saw a notable increase of 19.8% from June 2025. There were 557 new residential listings in June 2026. This was the largest number of new listings added in the month of June in a decade.
New listings were 12.7% above the five-year average and 14.8% above the 10-year average for the month of June.
Active residential listings numbered 781 units on the market at the end of June, a moderate gain of 5.7% from the end of June 2025. Active listings haven’t been this high in the month of June in more than five years.
Active listings were 10.6% above the five-year average and 12.4% below the 10-year average for the month of June.
Months of inventory numbered 2.3 at the end of June 2026, down from the 2.5 months recorded at the end of June 2025 and below the long-run average of 3 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
Market Balance
Months of Inventory
Demand significantly outpaces new supply — expect competitive offers.
With only 2.3 months of inventory, the market is supply-constrained. Buyers should be prepared for competition, and sellers can expect strong interest.
Source: Sudbury Real Estate Board via CREA MLS
Period: June 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.