Grimsby DowntownHousing market

Grimsby Downtown

Grimsby Downtown Housing Market Report

Strong Buyer's Market

All types - for the month of May

Buyer's market Seller's market

8

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.

45

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*

38 active

New

26(+73.33% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 21, in 2023: 7, in 2022: 6

Total Sold Listings*

5 sold

Median Sold Price

$1,037,000

Avg Days on Market

45 days

Median Bidding

-$23,400

Compared to number of sold, same period, in 2024: 11, in 2023: 7, in 2022: 9

*Data is for the month of May

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

Unknown for 8 Hemlock Way, Grimsby Ontario L3M 0B5

1 hour on market

8 Hemlock Way, Grimsby

Townhouse221100-1500 sq ft

Listed by EXP REALTY

Unknown for 9-11 Kerman Ave #LOT 7, Grimsby Ontario L3M 5M6

1 day on market

9-11 Kerman Ave #LOT 7, Grimsby

Townhouse232000-2500 sq ft

Listed by ROYAL LEPAGE STATE REALTY

Unknown for 8 Hemlock Way #28, Grimsby Ontario L3M 0B5

Re-listed 2 days ago

$•••,•••

8 Hemlock Way #28, Grimsby

Townhouse22+11471 sq ft

Listed by EXP Realty

Unknown for 9&11 Kerman Ave #7, Grimsby Ontario L3M 5M6

2 days on market

9&11 Kerman Ave #7, Grimsby

Detached24+21991 sq ft

Listed by Royal LePage State Realty

Unknown for 9&11 Kerman Ave #LOT 8, Grimsby Ontario L3M 5M6

3 days on market

9&11 Kerman Ave #LOT 8, Grimsby

Townhouse232000-2500 sq ft

Listed by ROYAL LEPAGE STATE REALTY

Home with brick exterior material, unknown for 9&11 Kerman Ave #LOT 29, Grimsby Ontario L3M 5M6

3 days on market

9&11 Kerman Ave #LOT 29, Grimsby

Townhouse432000-2500 sq ft

Listed by ROYAL LEPAGE STATE REALTY

Unknown for 9&11 Kerman Ave #LOT 5, Grimsby Ontario L3M 5M6

3 days on market

9&11 Kerman Ave #LOT 5, Grimsby

Townhouse232000-2500 sq ft

Listed by ROYAL LEPAGE STATE REALTY

Home with brick exterior material, unknown for 9&11 Kerman Ave #LOT 14, Grimsby Ontario L3M 5M6

3 days on market

9&11 Kerman Ave #LOT 14, Grimsby

Semi-Detached231500-2000 sq ft

Listed by ROYAL LEPAGE STATE REALTY

Unknown for 9&11 Kerman Ave #8, Grimsby Ontario L3M 5M6

5 days on market

9&11 Kerman Ave #8, Grimsby

Detached24+21991 sq ft

Listed by Royal LePage State Realty

Unknown for 9&11 Kerman Ave #29, Grimsby Ontario L3M 5M6

5 days on market

9&11 Kerman Ave #29, Grimsby

Detached43+12007 sq ft

Listed by Royal LePage State Realty

Just sold - Grimsby Downtown

Home with brick exterior material, street for 270 MAIN St #17, Grimsby Ontario L3M 1S4

Sold for $958,000

$42K below asking

270 MAIN St #17, Grimsby

Detached432000-2500 sq ft

Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.

Unknown for 6 Niagara St #302, Grimsby Ontario L3M 5A4

Sold 3 days ago

Sold for $487,000

$13K below asking

6 Niagara St #302, Grimsby

Condo211200-1399 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Living room with furniture, carpet floor for 129 Main St, Grimsby Ontario L3M 1S1

Sold 6 days ago

Sold for $1,700,000

$100K below asking

129 Main St, Grimsby

Detached3+143500-5000 sq ft

Listed by RE/MAX GARDEN CITY REALTY INC.

Home with brick exterior material, street for 274B Main St, Grimsby Ontario L3M 0B3

Sold 6 days ago

Sold for $1,476,500

$23K below asking

274B Main St, Grimsby

Detached4+153000-3500 sq ft

Listed by YOUR HOME SOLD GUARANTEED REALTY ELITE

Unknown for 6 Niagara St #105, Grimsby Ontario L3M 5A4

Sold 20 days ago

Sold for $485,000

$10K below asking

6 Niagara St #105, Grimsby

Condo21900-999 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Home with brick exterior material, street for 4 Evergreens Dr, Grimsby Ontario L3M 5P8

Sold 21 days ago

Sold for $1,037,000

$11K below asking

4 Evergreens Dr, Grimsby

Detached2+132568 sq ft

Listed by EXP Realty

Home with brick exterior material, street for 125 Livingston Ave #27, Grimsby Ontario L3M 4S5

Sold 28 days ago

Sold for $425,000

$25K below asking

125 Livingston Ave #27, Grimsby

Condo321000-1199 sq ft

Listed by ROYAL LEPAGE STATE REALTY

Home with vinyl exterior material, street for 55 Kerman Ave #24, Grimsby Ontario L3M 5G1

Sold 40 days ago

Sold for $561,000

$9K below asking

55 Kerman Ave #24, Grimsby

Townhouse32+11650 sq ft

Listed by Royal LePage NRC Realty

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

Sold 43 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 54 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.

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