Sault Ste. Marie Real Estate Board

The number of homes sold through the MLS® System of the Sault Ste. Marie Real Estate Board totaled 85 units in April 2026. This was a substantial reduction of 32.5% from April 2025.

Home sales were 33.7% below the five-year average and 36.3% below the 10-year average for the month of April.

On a year-to-date basis, home sales totaled 305 units over the first four months of the year. This was a significant decrease of 29.1% 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 $306,400 in April 2026, falling by 1.1% compared to April 2025.

The average price of homes sold in April 2026 was $331,959, down modestly by 2.3% from April 2025.

The more comprehensive year-to-date average price was $309,529, a decrease of 9.1% from the first four months of 2025.

The dollar value of all home sales in April 2026 was $28.2 million, a big decline of 34.1% from the same month in 2025.

The number of new listings fell 19.5% from April 2025. There were 182 new residential listings in April 2026.

New listings were 11.7% below the five-year average and 19.5% below the 10-year average for the month of April.

Active residential listings numbered 391 units on the market at the end of April, a notable gain of 19.6% from the end of April 2025. Active listings haven’t been this high in the month of April in more than five years.

Active listings were 36.1% above the five-year average and 2.9% below the 10-year average for the month of April.

Months of inventory numbered 4.6 at the end of April 2026, up from the 2.6 months recorded at the end of April 2025 and above the long-run average of 3.4 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.