Greater Sudbury Real Estate Market Report - February 2026

Greater Sudbury (MLS® HPI) — February 2026

In February 2026, the Greater Sudbury real estate market reports a composite benchmark price of $519,600, reflecting an 8.3% increase from the previous year. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Greater Sudbury real estate market continues to show resilience, with the composite benchmark price rising from $516,800 in January 2026 to $519,600 in February 2026. This upward trend in pricing suggests a steady demand for properties, despite the absence of sales and listing data for the current month. Year-over-year, the benchmark price has increased significantly from $479,900 in February 2025, indicating a robust appreciation in property values over the past year.

Property Type Analysis

Currently, the benchmark price for detached homes stands at $519,600, but specific sales data for various property types is not available this month. This lack of detailed sales information limits a comprehensive comparison across attached/townhouse and apartment categories. However, the consistent benchmark price for detached properties suggests that this segment continues to attract buyer interest, maintaining its position as a preferred choice in the market.

Regional Highlights

The Greater Sudbury region is experiencing a balanced market condition, which typically favors both buyers and sellers. This balance is crucial as it indicates that while demand remains strong, there is also sufficient inventory to meet buyer needs. The increase in the benchmark price year-over-year reflects a growing confidence in the local economy and housing market.

For Buyers

Prospective buyers are encouraged to remain vigilant and prepared, as the market shows signs of appreciation. With the current benchmark price at $519,600, buyers should consider their budget and be ready to act quickly when suitable properties become available, especially in the detached home segment.

For Sellers

Sellers in the Greater Sudbury market should take advantage of the current balanced conditions and the upward trend in property values. Setting a competitive listing price based on the benchmark of $519,600 for detached homes can attract serious buyers, while ensuring that homes are presented well will enhance their appeal in this appreciating market.