16 Riesling St

Grimsby, L3M 5S1
FOR SALE
$909,900
16 Riesling St, Grimsby
16 Riesling St
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
X9356198
MLSID
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Property Description
Gorgeous all brick 3 bedroom bungalow situated in quiet Grimsby neighbourhood with Niagara escarpment views. This open concept one floor home features hardwood floors, spacious rooms, double car garage, back yard deck, 2 bath, close to amenities, highway and so much more.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-05 2024-08-13 39 $939,900 - Terminated
2024-06-11 2024-07-05 24 $979,900 - Terminated
2024-05-09 2024-06-11 33 $1,049,900 - Terminated
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
49' x 102'
Fronting
North
Taxes
$5,735 (2023)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
DiningMain12.34' x 10.33'
FamilyMain16.77' x 11.68'
KitchenMain19.06' x 11.15'Eat-In Kitchen
Prim BdrmMain16.77' x 16.77'
BrMain8.17' x 13.09'
BrMain11.15' x 12.60'
Grimsby Market Statistics
Grimsby Price Trend
16 Riesling St is a 3-bedroom 2-bathroom home listed for sale at $909,900, which is $75,615 (9.1%) higher than the average sold price of $834,285 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Grimsby increased by $119 (0.0%) compared to the previous 30 day period (July 21 - August 19) and down $185,215 (18.2%) from the same time one year ago.
Inventory Change
There were 19 3-bedroom homes listed in Grimsby over the last 30 days (August 20 - September 18), which is up 46.2% compared with the previous 30 day period (July 21 - August 19) and up 18.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Grimsby typically sold ($29,377) (3.5%) below asking price over the last 30 days (August 20 - September 18), which represents a $498 increase compared to the previous 30 day period (July 21 - August 19) and ($7,400) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Grimsby over the last 30 days (August 20 - September 18) stood at 184.2%, down from 369.2% over the previous 30 days (July 21 - August 19) and up from 37.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Grimsby stood at 58 days when successfully sold over the last 30 days (August 20 - September 18), compared to 84 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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