Sudbury Real Estate Board

Sudbury MLS® home sales continue upward trend in June

The number of homes sold through the MLS® System of the Sudbury Real Estate Board totaled 295 units in June 2025. This was up by 9.3% from June 2024.

Home sales were 5.9% below the five-year average and 3.9% below the 10-year average for the month of June.

On a year-to-date basis, home sales totaled 1,224 units over the first six months of the year. This was a minor decrease of 2.5% from the same period in 2024.

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 $511,300 in June 2025, increasing by 7.4% compared to June 2024.

The average price of homes sold in June 2025 was $504,105, a moderate decrease of 4.2% from June 2024.

The more comprehensive year-to-date average price was $510,587, increasing by 5.6% from the first six months of 2024.

The dollar value of all home sales in June 2025 was $148.7 million, a gain of 4.7% from the same month in 2024.

The number of new listings was up modestly by 3.8% from June 2024. There were 465 new residential listings in June 2025.

New listings were 3.5% below the five-year average and 4.6% below the 10-year average for the month of June.

Active residential listings numbered 698 units on the market at the end of June, a decrease of 7.5% from the end of June 2024.

Active listings were 7.1% above the five-year average and 29.7% below the 10-year average for the month of June.

Months of inventory numbered 2.4 at the end of June 2025, down from the 2.8 months recorded at the end of June 2024 and below 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.

BOARD & ASSOCIATION INFORMATION

The Sudbury Real Estate Board represents approximately 450 REALTORS® registered with its member offices in the Greater Sudbury area. The Board – which was created in 1950 – hosts the Multiple Listing Service® (MLS®), provides educational courses, and ensures that members strive to meet uncompromising standards in their service to consumers.


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SUDBURY REAL ESTATE BOARD

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For more information,
please contact:
(705) 673-3388 or (705) 618-4663
info@sudburyrealestateboard.com or
chair@sudburyrealestateboard.com

Chair
Tanya Vanden Berg

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