Greater Sudbury Real Estate Statistics

Greater Sudbury Real Estate Price Trend
Greater Sudbury real estate average sold price in the last 30 days (July 6 - August 4) was $269,900, which is $135,600 (50.2 %) lower than the average price of $405,500 in the previous 30 day period (June 6 - July 5), and $279,100 (103.4 %) down from the same period 1 year ago ($549,000). Greater Sudbury real estate prices over the last 30 days are also $176,594 (65.4 %) lower than the average selling price of $446,494 over the past year.
Greater Sudbury average sold price for homes was $269,900 in the last 30 days (July 6 - August 4), which is $135,600 (50.2 %) down from the average home price of $405,500 in the previous 30 day period (June 6 - July 5), and $279,100 (103.4 %) lower than the same period 1 year ago ($549,000). In the last 30 days Greater Sudbury the average home price was $176,594 (65.4 %) lower than the average selling price of $446,494 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Greater Sudbury real estate was $269,900 in the last 30 days (July 6 - August 4), which is collectively $0 (0.0 %) higher than the average asking price of $321,633. This represents a decline of $66,500 (100.0 %) compared to $66,500 (6,650,000.0 %) Sold-Over-Asking price from the previous 30 day period (June 6 - July 5).
The maximum Sold Over/Under Asking ratio in Greater Sudbury during the last 12 months was recorded in July, 2021 with an average of $51,000 over the asking price, while the minimum occurring in November, 2020 with $82,499 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Greater Sudbury was 33.3 % with 1 properties sold and 0 new properties listed in the past 30 days (July 6 - August 4). This represents a decrease from recorded during the previous 30 day period (June 6 - July 5), and a decrease from 33.3 % compared to the same period one year ago.
Over the the last year the highest SNLR in Greater Sudbury was 200.0 % recorded in April and the lowest was in February at 0.0 %. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 1 properties that were successfully sold in Greater Sudbury in the last 30 days (July 6 - August 4) was 26 days, which is 20 days less than 46 days average in the previous 30 day period (June 6 - July 5) and 12 days longer than during the same period a year ago (14 days).
There were 1 delisted properties in Greater Sudbury, those that got either Expired, Suspended or Terminated over the last 30 days (July 6 - August 4) with an average of 63 days on the market. This is 23 days shorter than the average of 86 days during the previous 30 day period (June 6 - July 5) and 18 days more compared to the same period last year average of 45 days on the market.
1 Greater Sudbury properties that didn't sell stayed on the market 142.3 % longer than 1 that sucessfully sold over the last 30 days - 26 days when sold vs 63 days when delisted respectively.
Average Days on the Market in Greater Sudbury over the past 12 months for properties that have sold was 32.9 days, with 86.5 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
3 new properties were listed on the market in Greater Sudbury in the last 30 days (July 6 - August 4). During the same time 1 properties were sold and 1 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 1 properties (or 33.3 %).
During the previous 30 day period (June 6 - July 5) there were 0 new properties listed, 3 sold and 1 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was August with 7 new properties listed, the slowest - February with 0 new listings and a yearly average of 3 new listings per month.
New Real Estate Listings by Property Type
Real Estate Sales by Property Type
There were a total of 1 homes sold during the last 30 days (July 6 - August 4), which is 100.0 % of all properties sold in Greater Sudbury. This is a 66.7 % decline compared with a previous 30 day period (June 6 - July 5) and 0.0 % down from the same period a year ago. Over the past year an average of 2 homes are were sold per month.
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