Casablanca & AreaHousing market

Casablanca & Area

Casablanca & Area Housing Market Report

Buyer's Market

All types - for the month of May

Buyer's market Seller's market

6

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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

38

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*

104 active

New

61(+84.85% YoY)

Relisted

3(+200.00% YoY)

Compared to number of active, same period, in 2024: 79, in 2023: 49, in 2022: 28

Total Sold Listings*

18 sold

Median Sold Price

$746,000

Avg Days on Market

38 days

Median Bidding

-$29,450

Compared to number of sold, same period, in 2024: 11, in 2023: 21, in 2022: 13

*Data is for the month of May

Median Sold Price vs Average Days and Average Total Days on Market - Casablanca & Area - All types

Sold vs Active vs New vs Relisted - Casablanca & Area - All types

Sold Price Distribution - Casablanca & Area - All types

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

Property Type Distribution - Casablanca & Area - All types

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

Median Price - Casablanca & Area - All types

Just listed - Casablanca & Area

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 6 Chestnut Dr #70, Grimsby Ontario L3M 0C4

Re-listed 11 hours ago

$•••,•••

6 Chestnut Dr #70, Grimsby

Townhouse221100-1500 sq ft

Listed by ROYAL LEPAGE STATE REALTY

Unknown for 560 North service Rd #802, Grimsby Ontario L3M 0G1

1 day on market

560 North service Rd #802, Grimsby

Condo2+12900-999 sq ft

Listed by HOMELIFE/MIRACLE REALTY LTD

Home with brick exterior material, street for 515 Winston Rd #79, Grimsby Ontario L3M 0C8

1 day on market

515 Winston Rd #79, Grimsby

Townhouse331500-2000 sq ft

Listed by KELLER WILLIAMS EDGE REALTY

Home with brick exterior material, street for 132 Lampman Dr, Grimsby Ontario L8W 4A2

1 day on market

132 Lampman Dr, Grimsby

Detached4+132500-3000 sq ft

Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.

Home with brick exterior material, street for 35 Garden Dr, Grimsby Ontario L3M 3X8

1 day on market

35 Garden Dr, Grimsby

Detached442500-3000 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

Home with brick exterior material, street for 4 Place Polonaise Dr, Grimsby Ontario L3M 0H3

1 day on market

4 Place Polonaise Dr, Grimsby

Townhouse231500-2000 sq ft

Listed by NEW ERA REAL ESTATE

Home with brick exterior material, street for 515 Winston Road #79, Grimsby Ontario L3M 0C8

2 days on market

515 Winston Road #79, Grimsby

Townhouse33+11685 sq ft

Listed by Keller Williams Edge Realty, Brokerage

Indoor entryway for 6 Chestnut Dr #15, Grimsby Ontario L1M 0C4

3 days on market

6 Chestnut Dr #15, Grimsby

Townhouse3+131100-1500 sq ft

Listed by HIGHPOINT HOMES REALTY

Unknown for 18 Cedar St #27, Grimsby Ontario L3M 5M7

4 days on market

18 Cedar St #27, Grimsby

Townhouse34+22019 sq ft

Listed by Keller Williams Complete Realty

Living room with furniture, unknown for 10 Concord Pl #412, Grimsby Ontario L3M 0G6

Re-listed 5 days ago

$•••,•••

10 Concord Pl #412, Grimsby

Condo1+11700-799 sq ft

Listed by ROYAL LEPAGE REALTY PLUS OAKVILLE

Just sold - Casablanca & Area

Home with brick exterior material, street for 515 Winston Rd #41, Grimsby Ontario L3M 0C8

Sold for $770,000

$10K below asking

515 Winston Rd #41, Grimsby

Townhouse3+141100-1500 sq ft

Listed by Realty ONE Group Insight

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 528 Main St, Grimsby Ontario L3M 1T5

Sold 8 days ago

Sold for $890,000

$10K below asking

528 Main St, Grimsby

Detached3+241500-2000 sq ft

Home with brick exterior material, street for 12 Gage St, Grimsby Ontario L3M 5E4

Sold 8 days ago

Sold for $732,000

$18K below asking

12 Gage St, Grimsby

Townhouse321100-1500 sq ft

Listed by COLDWELL BANKER COMMUNITY PROFESSIONALS

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 57 Gage St, Grimsby Ontario L3M 3Y7

Sold 9 days ago

Sold for $1,355,000

$95K below asking

57 Gage St, Grimsby

Detached442000-2500 sq ft

Listed by ROYAL LEPAGE STATE REALTY

Unknown for 6 Chestnut Dr #81, Grimsby Ontario L3M 0C4

Sold 13 days ago

Sold for $630,000

$30K below asking

6 Chestnut Dr #81, Grimsby

Townhouse22+11412.18 sq ft

Listed by Keller Williams Edge Realty, Brokerage

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 40 Esplanade Lane #217, Grimsby Ontario L3M 0G9

Sold 16 days ago

Sold for $1,050,000

$100K below asking

40 Esplanade Lane #217, Grimsby

Condo221000-1199 sq ft

Listed by EXP REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 40 Esplanade Lane Lane #217, Grimsby Ontario L3M 0G9

Sold 16 days ago

Sold for $1,050,000

$100K below asking

40 Esplanade Lane Lane #217, Grimsby

Condo221185 sq ft

Listed by EXP Realty, Brokerage

Unknown for 560 North Service Rd #405, Grimsby Ontario L3M 0G1

Sold 21 days ago

Sold for $385,000

$15K below asking

560 North Service Rd #405, Grimsby

Condo12700-799 sq ft

Listed by IPRO REALTY LTD.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 43 Emily St, Grimsby Ontario L3M 4A1

Sold 21 days ago

Sold for $760,000

$11K above asking

43 Emily St, Grimsby

Detached531500-2000 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 385 Winston Rd #905, Grimsby Ontario L3M 4E8

Sold 23 days ago

Sold for $560,000

$40K below asking

385 Winston Rd #905, Grimsby

Condo22800-899 sq ft

Listed by YOUR HOME SOLD GUARANTEED REALTY ELITE

Population and Demographics

Overview

Total population 5515

Average household income $141,076

Age (%)

0 to 19

23%

35 to 49

22%

20 to 34

20%

50 to 64

20%

65 and plus

16%

Household composition (%)

Single family

68%

Single person

30%

Multi person

2%

Multi family

0%

Mother tongue (%)

English

84%

Others

4%

Italian

2%

Spanish

2%

Polish

2%

Croatian

1%

Serbian

1%

House tenancy (%)

Owners

77%

Renters

23%

Top 1 School in Casablanca & Area

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

8/10

Public•JK-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

2/5

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

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance