Grimsby Real Estate Statistics

Grimsby real estate average sold price in the last 30 days (January 21 - February 19) was $782,799, which is $207,867 (26.6%) lower than the average price of $990,666 in the previous 30 day period (December 22 - January 20), and $3,514 (0.4%) down from the same period 1 year ago ($786,313). Grimsby real estate prices over the last 30 days are also $38,419 (4.9%) lower than the average selling price of $821,218 over the past year.

Grimsby average sold price for homes was $939,035 in the last 30 days (January 21 - February 19), which is $205,131 (21.8%) down from the average home price of $1,144,166 in the previous 30 day period (December 22 - January 20), and $88,317 (9.4%) lower than the same period 1 year ago ($1,027,352). In the last 30 days Grimsby the average home price was $31,023 (3.3%) lower than the average selling price of $970,058 over the last 12 months.

Average sold price of Grimsby townhouse was $717,800 in the last 30 days (January 21 - February 19), up $34,134 (4.8%) from the average townhome price of $683,666 over the previous 30 days (December 22 - January 20), and $53,271 (7.4%) higher than during to the same period 1 year ago ($664,529). Over the last 30 days the average townhouse price in Grimsby was $29,129 (4.1%) higher compared to the average selling price of $688,671 over the last 12 months.

Average selling price for Grimsby real estate was $782,799 in the last 30 days (January 21 - February 19), which is collectively $10,921 (1.2%) lower than the average asking price of $919,425. This represents an increase of $28,227 (72.1%) compared to $39,148 (4.8%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Grimsby during the last 12 months was recorded in January, 2025 with an average of $15,408 under the asking price, while the minimum occurring in April, 2024 with $35,903 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 38.9% with 28 properties sold and 48 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 37.5% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 61.2% compared to the same period one year ago.

Over the the last year the highest SNLR in Grimsby was 506.2% recorded in August and the lowest was in January at 36.9%. 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 28 properties that were successfully sold in Grimsby in the last 30 days (January 21 - February 19) was 39 days, which is 3 days less than 42 days average in the previous 30 day period (December 22 - January 20) and 3 days longer than during the same period a year ago (36 days).

There were 42 delisted properties in Grimsby, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 89 days on the market. This is 19 days longer than the average of 70 days during the previous 30 day period (December 22 - January 20) and 22 days more compared to the same period last year average of 67 days on the market.

42 Grimsby properties that didn't sell stayed on the market 128.2% longer than 28 that sucessfully sold over the last 30 days - 39 days when sold vs 89 days when delisted respectively.

Average Days on the Market in Grimsby over the past 12 months for properties that have sold was 36.7 days, with 68.8 days for those properties that did not sell.

72 new properties were listed on the market in Grimsby in the last 30 days (January 21 - February 19). During the same time 28 properties were sold and 42 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 2 properties (or 2.8%).

During the previous 30 day period (December 22 - January 20) there were 48 new properties listed, 18 sold and 46 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was July with 85 new properties listed, the slowest - December with 43 new listings and a yearly average of 68 new listings per month.

There were a total of 41 homes listed during the last 30 days (January 21 - February 19), which is 56.9% of all properties listed in Grimsby. This is a 105.0% increase compared with a previous 30 day period (December 22 - January 20) and 20.6% 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 (January 21 - February 19) in Grimsby, which represents 23.6% of all new listings. This is up 13.3% from the prior 30 day period (December 22 - January 20) and 6.2% more compared to the same period last year. There were 16 condos listed per month on average during the last 12 months.

14 townhomes were listed over the last 30 days (January 21 - February 19) in Grimsby, which is 19.4% of all new real estate inventory. This is a 7.7% more than during the previous 30 day period (December 22 - January 20) and 17.6% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 17 a month.

There were a total of 14 homes sold during the last 30 days (January 21 - February 19), which is 50.0% of all properties sold in Grimsby. This is a 16.7% increase compared with a previous 30 day period (December 22 - January 20) and 17.6% down from the same period a year ago. Over the past year an average of 44 homes are were sold per month.

8 townhomes were sold over the last 30 days (January 21 - February 19) in Grimsby, which is 28.6% of all sold real estate. This is a 33.3% more than during the previous 30 day period (December 22 - January 20) and 52.9% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 25 a month.