Sudbury Real Estate Market Report
Executive Summary
Dan BraunLocal expert · SudburyThe Sudbury, Ontario real estate market is currently classified as a balanced market. The median asking price is $550K, down 25.6% over the past 30 days.
There are currently 270 active listings, representing 2.3 months of inventory. Inventory has increased 70.9% compared to last month.
Currently, listings spend an average of 54 days on market and the average price per square foot is $172.
Detached properties make up the largest share of the Sudbury market at 98% of active listings with an average price of $754K. Condo listings follow at 2% (avg $501K).
Sales Activity & Absorption
Volume
Market Signals
Sudbury Real Estate Board reported 339 sales this period, 112 new listings appeared in the past month.
Sudbury Real Estate Board Monthly Report
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.
Source: Sudbury Real Estate Board, June 2026
Market Balance
Months of Inventory
Demand significantly outpaces new supply — expect competitive offers.
High absorption relative to inventory — tight market.
With only 2.3 months of inventory, the market is supply-constrained. Buyers should be prepared for competition, and sellers can expect strong interest.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| The Donovan | 41 | $662K |
| Four Corners | 37 | $909K |
| Little Britain | 26 | $504K |
| Sunrise Ridge Estates | 25 | $736K |
| New Sudbury | 20 | $484K |
| Minnow Lake | 16 | $1.0M |
| Flour Mill | 15 | $442K |
| Nickeldale | 9 | $589K |
| Lo-Ellen | 6 | $795K |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
The market is relatively balanced between buyers and sellers. The Sudbury market currently has 270 active listings with a median price of $550K and 2.3 months of inventory.
- Low inventory (2.3 months) favors sellers
- Prices declining (-25.6% in 30 days)
- Low price reduction rate (0% of listings)
- Slow-moving market (54 avg days on market)
- Average price per square foot is $172
Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS® listings as of July 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.