Grimsby Real Estate Statistics

Grimsby Real Estate Price Trend
Grimsby real estate average sold price in the last 30 days (March 20 - April 18) was $909,816, which is $22,265 (2.4%) higher than the average price of $887,551 in the previous 30 day period (February 19 - March 19), and $149,347 (16.4%) up from the same period 1 year ago ($760,469). Grimsby real estate prices over the last 30 days are also $88,669 (9.7%) higher than the average selling price of $821,147 over the past year.
Grimsby average sold price for homes was $1,093,675 in the last 30 days (March 20 - April 18), which is $48,491 (4.4%) up from the average home price of $1,045,184 in the previous 30 day period (February 19 - March 19), and $135,022 (12.3%) higher than the same period 1 year ago ($958,653). In the last 30 days Grimsby the average home price was $125,705 (11.5%) higher than the average selling price of $967,970 over the last 12 months.
Average Grimsby condo sold price over the last 30 days (March 20 - April 18) was $522,930. During this period it was $78,736 (15.1%) down from the average price of condo of $601,666 during the previous 30 days (February 19 - March 19), and $68,315 (13.1%) higher compared to the same period 1 year ago ($454,615). In the last 30 days Grimsby the average condo price was $4,474 (0.9%) higher than the average selling price of $518,456 over the last year.
Average sold price of Grimsby townhouse was $700,250 in the last 30 days (March 20 - April 18), down $3,980 (0.6%) from the average townhome price of $704,230 over the previous 30 days (February 19 - March 19), and $57,450 (8.2%) higher than during to the same period 1 year ago ($642,800). Over the last 30 days the average townhouse price in Grimsby was $20,239 (2.9%) lower compared to the average selling price of $720,489 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Grimsby real estate was $909,816 in the last 30 days (March 20 - April 18), which is collectively $33,798 (3.9%) lower than the average asking price of $876,238. This represents a decline of $14,770 (77.6%) compared to $19,028 (2.2%) Sold-Under-Asking price from the previous 30 day period (February 19 - March 19).
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
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 79.2% with 61 properties sold and 74 new properties listed in the past 30 days (March 20 - April 18). This represents an increase from 60.8% recorded during the previous 30 day period (February 19 - March 19), and a decrease from 84.5% compared to the same period one year ago.
Over the the last year the highest SNLR in Grimsby was 81.5% recorded in June 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 61 properties that were successfully sold in Grimsby in the last 30 days (March 20 - April 18) was 27 days, which is 3 days less than 30 days average in the previous 30 day period (February 19 - March 19) and 6 days shorter than during the same period a year ago (33 days).
There were 40 delisted properties in Grimsby, those that got either Expired, Suspended or Terminated over the last 30 days (March 20 - April 18) with an average of 62 days on the market. This is 3 days shorter than the average of 65 days during the previous 30 day period (February 19 - March 19) and 22 days less compared to the same period last year average of 84 days on the market.
40 Grimsby properties that didn't sell stayed on the market 129.6% longer than 61 that sucessfully sold over the last 30 days - 27 days when sold vs 62 days when delisted respectively.
Average Days on the Market in Grimsby over the past 12 months for properties that have sold was 32.3 days, with 62.4 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
77 new properties were listed on the market in Grimsby in the last 30 days (March 20 - April 18). During the same time 61 properties were sold and 40 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 24 properties (or 31.2%).
During the previous 30 day period (February 19 - March 19) there were 74 new properties listed, 45 sold and 33 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 86 new properties listed, the slowest - December with 20 new listings and a yearly average of 68 new listings per month.
New Real Estate Listings by Property Type
There were a total of 46 homes listed during the last 30 days (March 20 - April 18), which is 59.7% of all properties listed in Grimsby. This is a 9.5% increase compared with a previous 30 day period (February 19 - March 19) and 64.3% up from the same period a year ago. Over the past year an average of 35 homes are were listed per month.
17 condo units were listed in the last 30 days (March 20 - April 18) in Grimsby, which represents 22.1% of all new listings. This is down 19.0% from the prior 30 day period (February 19 - March 19) and 10.5% less compared to the same period last year. There were 19 condos listed per month on average during the last 12 months.
14 townhomes were listed over the last 30 days (March 20 - April 18) in Grimsby, which is 18.2% of all new real estate inventory. This is a 27.3% more than during the previous 30 day period (February 19 - March 19) and 27.3% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 14 a month.
Real Estate Sales by Property Type
There were a total of 37 homes sold during the last 30 days (March 20 - April 18), which is 60.7% of all properties sold in Grimsby. This is a 42.3% increase compared with a previous 30 day period (February 19 - March 19) and 42.3% up from the same period a year ago. Over the past year an average of 21 homes are were sold per month.
10 condo units were sold in the last 30 days (March 20 - April 18) in Grimsby, which represents 16.4% of all sold properties. This is up 66.7% from the prior 30 day period (February 19 - March 19) and 23.1% less compared to the same period last year. There were 6 condos sold per month on average during the last 12 months.
14 townhomes were sold over the last 30 days (March 20 - April 18) in Grimsby, which is 23.0% of all sold real estate. This is a 7.7% more than during the previous 30 day period (February 19 - March 19) and 40.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 10 a month.
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