Grimsby Real Estate Statistics

Grimsby real estate average sold price in the last 30 days (June 26 - July 25) was $884,065, which is $249 (0.0%) higher than the average price of $883,816 in the previous 30 day period (May 27 - June 25), and $39,665 (4.5%) up from the same period 1 year ago ($844,400). Grimsby real estate prices over the last 30 days are also $62,212 (7.0%) higher than the average selling price of $821,853 over the past year.

Grimsby average sold price for homes was $1,039,300 in the last 30 days (June 26 - July 25), which is $13,511 (1.3%) up from the average home price of $1,025,789 in the previous 30 day period (May 27 - June 25), and $33,479 (3.2%) higher than the same period 1 year ago ($1,005,821). In the last 30 days Grimsby the average home price was $68,320 (6.6%) higher than the average selling price of $970,980 over the last 12 months.

Average Grimsby condo sold price over the last 30 days (June 26 - July 25) was $608,725. During this period it was $11,275 (1.9%) down from the average price of condo of $620,000 during the previous 30 days (May 27 - June 25), and $63,059 (10.4%) higher compared to the same period 1 year ago ($545,666). In the last 30 days Grimsby the average condo price was $81,489 (13.4%) higher than the average selling price of $527,236 over the last year.

Average sold price of Grimsby townhouse was $699,055 in the last 30 days (June 26 - July 25), up $49,841 (7.1%) from the average townhome price of $649,214 over the previous 30 days (May 27 - June 25), and $43,611 (6.2%) lower than during to the same period 1 year ago ($742,666). Over the last 30 days the average townhouse price in Grimsby was $16,370 (2.3%) lower compared to the average selling price of $715,425 over the last 12 months.

Average selling price for Grimsby real estate was $884,065 in the last 30 days (June 26 - July 25), which is collectively $23,723 (2.8%) lower than the average asking price of $834,331. This represents a decline of $2,003 (9.2%) compared to $21,720 (2.4%) Sold-Under-Asking price from the previous 30 day period (May 27 - June 25).

The maximum Sold Over/Under Asking ratio in Grimsby during the last 12 months was recorded in August, 2023 with an average of $3,624 under the asking price, while the minimum occurring in December, 2023 with $57,182 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Grimsby was 120.0% with 90 properties sold and 83 new properties listed in the past 30 days (June 26 - July 25). This represents an increase from 36.1% recorded during the previous 30 day period (May 27 - June 25), and an increase from 74.3% compared to the same period one year ago.

Over the the last year the highest SNLR in Grimsby was 75.7% recorded in April and the lowest was in September at 35.4%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 90 properties that were successfully sold in Grimsby in the last 30 days (June 26 - July 25) was 29 days, which is 2 days less than 31 days average in the previous 30 day period (May 27 - June 25) and 9 days longer than during the same period a year ago (20 days).

There were 108 delisted properties in Grimsby, those that got either Expired, Suspended or Terminated over the last 30 days (June 26 - July 25) with an average of 59 days on the market. This is 5 days longer than the average of 54 days during the previous 30 day period (May 27 - June 25) and 0 days more compared to the same period last year average of 59 days on the market.

108 Grimsby properties that didn't sell stayed on the market 103.4% longer than 90 that sucessfully sold over the last 30 days - 29 days when sold vs 59 days when delisted respectively.

Average Days on the Market in Grimsby over the past 12 months for properties that have sold was 36.8 days, with 63.8 days for those properties that did not sell.

75 new properties were listed on the market in Grimsby in the last 30 days (June 26 - July 25). During the same time 90 properties were sold and 108 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 123 properties (or 164.0%).

During the previous 30 day period (May 27 - June 25) there were 83 new properties listed, 30 sold and 52 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 81 new properties listed, the slowest - December with 20 new listings and a yearly average of 67 new listings per month.

There were a total of 34 homes listed during the last 30 days (June 26 - July 25), which is 45.3% of all properties listed in Grimsby. This is a 26.1% decline compared with a previous 30 day period (May 27 - June 25) and 5.6% down from the same period a year ago. Over the past year an average of 35 homes are were listed per month.

19 condo units were listed in the last 30 days (June 26 - July 25) in Grimsby, which represents 25.3% of all new listings. This is down 5.0% from the prior 30 day period (May 27 - June 25) and 13.6% less compared to the same period last year. There were 18 condos listed per month on average during the last 12 months.

22 townhomes were listed over the last 30 days (June 26 - July 25) in Grimsby, which is 29.3% of all new real estate inventory. This is a 29.4% more than during the previous 30 day period (May 27 - June 25) and 37.5% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 14 a month.

There were a total of 50 homes sold during the last 30 days (June 26 - July 25), which is 55.6% of all properties sold in Grimsby. This is a 163.2% increase compared with a previous 30 day period (May 27 - June 25) and 78.6% up from the same period a year ago. Over the past year an average of 19 homes are were sold per month.

4 condo units were sold in the last 30 days (June 26 - July 25) in Grimsby, which represents 4.4% of all sold properties. This is down 0.0% from the prior 30 day period (May 27 - June 25) and 55.6% less compared to the same period last year. There were 6 condos sold per month on average during the last 12 months.

36 townhomes were sold over the last 30 days (June 26 - July 25) in Grimsby, which is 40.0% of all sold real estate. This is a 414.3% more than during the previous 30 day period (May 27 - June 25) and 100.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 9 a month.