Grimsby DowntownHousing market

Grimsby Downtown

Grimsby Downtown Housing Market Report

Seller's Market

All types - for the month of March

Buyer's market Seller's market

2

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.

48

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*

19 active

New

9(-55.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 18, in 2023: 2, in 2022: 1

Total Sold Listings*

8 sold

Median Sold Price

$806,000

Avg Days on Market

48 days

Median Bidding

-$29,650

Compared to number of sold, same period, in 2024: 2, in 2023: 4, in 2022: 12

*Data is for the month of March

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

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

Sold Price Distribution - Grimsby Downtown - All types

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

Property Type Distribution - Grimsby Downtown - All types

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

Median Price - Grimsby Downtown - All types

Just listed - Grimsby Downtown

Home with vinyl exterior material, street for 55 Kerman Ave #44, Grimsby Ontario L3M 5G2

Re-listed 6 days ago

$•••,•••

55 Kerman Ave #44, Grimsby

Condo331200-1399 sq ft

Listed by RE/MAX GARDEN CITY REALTY INC.

Dining room, unknown for 109 MAIN St #3, Grimsby Ontario L3M 1R5

6 days on market

109 MAIN St #3, Grimsby

Condo321400-1599 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

Home with vinyl exterior material, street for 6 Brierwood Ave, Grimsby Ontario L3M 1J6

8 days on market

6 Brierwood Ave, Grimsby

Detached3+121733 sq ft

Listed by RE/MAX Real Estate Centre Inc.

Just sold - Grimsby Downtown

Unknown for 163 Livingston Ave #40, Grimsby Ontario L3M 5S8

Sold 2 days ago

Sold for $689,900

163 Livingston Ave #40, Grimsby

Townhouse321100-1500 sq ft

Listed by ROYAL LEPAGE STATE REALTY

Home with brick exterior material, street for 125 Livingston Ave #8, Grimsby Ontario L3M 4S5

Sold 13 days ago

Sold for $380,000

$29K below asking

125 Livingston Ave #8, Grimsby

Condo321000-1199 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

Home with brick exterior material, street for 10 Hazelwood Ave, Grimsby Ontario L3M 1K1

Sold 13 days ago

Sold for $769,000

$19K above asking

10 Hazelwood Ave, Grimsby

Detached331100-1500 sq ft

Listed by Royal LePage State Realty

Population and Demographics

Overview

Total population 4411

Average household income $134,995

Age (%)

0 to 19

23%

50 to 64

22%

35 to 49

21%

65 and plus

18%

20 to 34

16%

Household composition (%)

Single family

68%

Single person

30%

Multi person

2%

Multi family

0%

Mother tongue (%)

English

89%

Others

3%

Polish

2%

Spanish

1%

Croatian

1%

Dutch

1%

Italian

1%

House tenancy (%)

Owners

74%

Renters

26%

Top 3 Schools in Grimsby Downtown

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

8.2/10

Public•9-12

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

7.9/10

Public•1-8

Grimsby Secondary School5 Boulton Ave, L3M 1H6, Grimsby, ON

7.7/10

Public•9-12

Transportation

Car Friendly

5/5

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

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

0/5

No transit options

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-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