Sudbury Real Estate Board

Lower than expected MLS® home sales in Sudbury during March

The number of homes sold through the MLS® System of the Sudbury Real Estate Board totaled 138 units in March 2026. This was a decrease of 9.8% (15 sales) from March 2025.

Home sales were 25.8% below the five-year average and 32.7% below the 10-year average for the month of March.

On a year-to-date basis, home sales totaled 367 units over the first three months of the year. This was a large decline of 11.6% 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 $524,900 in March 2026, an increase of 6.2% compared to March 2025.

The average price of homes sold in March 2026 was $470,819, decreasing by 6.7% from March 2025.

The more comprehensive year-to-date average price was $475,260, a modest decline of 3.7% from the first three months of 2025.

The dollar value of all home sales in March 2026 was $65 million, down sharply by 15.8% from the same month in 2025.

The number of new listings saw a substantial decrease of 13.2% from March 2025. There were 224 new residential listings in March 2026. This was the lowest number of new listings added in the month of March in four decades.

New listings were 19.5% below the five-year average and 30.1% below the 10-year average for the month of March.

Active residential listings numbered 399 units on the market at the end of March, a moderate decrease of 8.5% from the end of March 2025.

Active listings were 0.6% above the five-year average and 34.8% below the 10-year average for the month of March.

Months of inventory numbered 2.9 at the end of March 2026, up from the 2.8 months recorded at the end of March 2025 and below the long-run average of 3.3 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.

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.


SREB-logo 200x200

SUDBURY REAL ESTATE BOARD

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

Chair
Luck Bock

Dark Mode