GrimsbyHousing market

Grimsby

Grimsby Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

5

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

33

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

195 active

New

110(0% YoY)

Relisted

4(+300.00% YoY)

Compared to number of active, same period, in 2024: 150, in 2023: 54, in 2022: 21

Total Sold Listings*

41 sold

Median Sold Price

$745,000

Avg Days on Market

33 days

Median Bidding

-$19,900

Compared to number of sold, same period, in 2024: 51, in 2023: 56, in 2022: 83

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Grimsby - All types

Sold vs Active vs New vs Relisted - Grimsby - All types

Sold Price Distribution - Grimsby - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Grimsby - All types

Property type distribution based on data from the last 3 months.

Median Price - Grimsby - All types

Just listed - Grimsby

Home with brick exterior material, street for 264 Dorchester Dr, Grimsby Ontario L3M 1P6

5 hours on market

264 Dorchester Dr, Grimsby

Detached4+142500-3000 sq ft

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Home with brick exterior material, street for 65 Plum Tree Lane, Grimsby Ontario L3M 5T6

10 hours on market

65 Plum Tree Lane, Grimsby

Detached331500-2000 sq ft

Listed by Real Broker Ontario Ltd.

Home with brick exterior material, street for 24 Jeanette Ave, Grimsby Ontario L3M 5P2

Re-listed 11 hours ago

$•••,•••

24 Jeanette Ave, Grimsby

Detached431500-2000 sq ft

Listed by RE/MAX GARDEN CITY REALTY INC.

Just sold - Grimsby

rahb/IMG-H4143304_2.jpg

Sold for $693,990

21-23 Main St E & Doran Ave St #226, Grimsby

Condo1+11725 sq ft

Listed by Royal LePage Macro Realty

rahb/IMG-H4144366_2.jpg

Sold for $949,990

21-23 Main St E & Doran Ave St #208, Grimsby

Condo22950 sq ft

Listed by Royal LePage Macro Realty

rahb/IMG-H4141580_2.jpg

Sold for $561,990

21-23 Main St #104, Grimsby

Condo11521 sq ft

Listed by Royal LePage Macro Realty

Population and Demographics

Overview

Total population 28157

Average household income $142,914

Age (%)

0 to 19

22%

50 to 64

22%

65 and plus

21%

35 to 49

19%

20 to 34

16%

Household composition (%)

Single family

72%

Single person

25%

Multi person

2%

Multi family

0%

Mother tongue (%)

English

89%

Others

5%

Italian

2%

Dutch

2%

Polish

1%

House tenancy (%)

Owners

83%

Renters

17%

Top 5 Schools in Grimsby

Nelles Public School118 Main St E, L3M 1N8, Grimsby, ON

10/10

Public•JK-8

Grand Avenue Public School14 Grand Ave, L3M 2R7, Grimsby, ON

8.5/10

Public•JK-8

Blessed Trinity Catholic Secondary School145 Livingston Ave, L3M 5J6, Grimsby, ON

8.2/10

Public•9-12

Smith Public School18 Oakes Rd N, L3M 4B1, Grimsby, ON

8/10

Public•JK-8

Central Public School10 Livingston Ave, L3M 1K7, Grimsby, ON

7.9/10

Public•1-8

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

1/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

0/5

Few transit options

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

0/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

2/5

Few or no restaurants within walking distance