Belleville Real Estate Statistics

Belleville real estate average sold price in the last 30 days (March 20 - April 18) was $531,810, which is $38,279 (7.2%) higher than the average price of $493,531 in the previous 30 day period (February 19 - March 19), and $32,450 (6.1%) down from the same period 1 year ago ($564,260). Belleville real estate prices over the last 30 days are also $19,809 (3.7%) higher than the average selling price of $512,001 over the past year.

Belleville average sold price for homes was $557,552 in the last 30 days (March 20 - April 18), which is $58,554 (10.5%) up from the average home price of $498,998 in the previous 30 day period (February 19 - March 19), and $35,911 (6.4%) lower than the same period 1 year ago ($593,463). In the last 30 days Belleville the average home price was $28,977 (5.2%) higher than the average selling price of $528,575 over the last 12 months.

Average Belleville condo sold price over the last 30 days (March 20 - April 18) was $343,970. During this period it was $8,530 (2.5%) down from the average price of condo of $352,500 during the previous 30 days (February 19 - March 19), and $10,637 (3.1%) higher compared to the same period 1 year ago ($333,333). In the last 30 days Belleville the average condo price was $184 (0.1%) lower than the average selling price of $344,154 over the last year.

Average sold price of Belleville townhouse was $515,510 in the last 30 days (March 20 - April 18), up $25,810 (5.0%) from the average townhome price of $489,700 over the previous 30 days (February 19 - March 19), and $77,385 (15.0%) higher than during to the same period 1 year ago ($438,125). Over the last 30 days the average townhouse price in Belleville was $35,557 (6.9%) higher compared to the average selling price of $479,953 over the last 12 months.

Average selling price for Belleville real estate was $531,810 in the last 30 days (March 20 - April 18), which is collectively $4,607 (0.8%) lower than the average asking price of $597,651. This represents an increase of $5,745 (55.5%) compared to $10,352 (1.9%) Sold-Under-Asking price from the previous 30 day period (February 19 - March 19).

The maximum Sold Over/Under Asking ratio in Belleville during the last 12 months was recorded in June, 2023 with an average of $2,513 over the asking price, while the minimum occurring in December, 2023 with $17,122 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 Belleville was 67.1% with 114 properties sold and 112 new properties listed in the past 30 days (March 20 - April 18). This represents an increase from 66.1% recorded during the previous 30 day period (February 19 - March 19), and a decrease from 126.3% compared to the same period one year ago.

Over the the last year the highest SNLR in Belleville was 8,394.1% recorded in July and the lowest was in October at 40.5%. 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 114 properties that were successfully sold in Belleville in the last 30 days (March 20 - April 18) was 31 days, which is 4 days more than 27 days average in the previous 30 day period (February 19 - March 19) and 11 days longer than during the same period a year ago (20 days).

There were 79 delisted properties in Belleville, those that got either Expired, Suspended or Terminated over the last 30 days (March 20 - April 18) with an average of 82 days on the market. This is 17 days longer than the average of 65 days during the previous 30 day period (February 19 - March 19) and 45 days more compared to the same period last year average of 37 days on the market.

79 Belleville properties that didn't sell stayed on the market 164.5% longer than 114 that sucessfully sold over the last 30 days - 31 days when sold vs 82 days when delisted respectively.

Average Days on the Market in Belleville over the past 12 months for properties that have sold was 31.0 days, with 72.5 days for those properties that did not sell.

170 new properties were listed on the market in Belleville in the last 30 days (March 20 - April 18). During the same time 114 properties were sold and 79 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 23 properties (or 13.5%).

During the previous 30 day period (February 19 - March 19) there were 112 new properties listed, 74 sold and 35 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was July with 153 new properties listed, the slowest - December with 28 new listings and a yearly average of 94 new listings per month.

There were a total of 135 homes listed during the last 30 days (March 20 - April 18), which is 79.4% of all properties listed in Belleville. This is a 58.8% increase compared with a previous 30 day period (February 19 - March 19) and 297.1% up from the same period a year ago. Over the past year an average of 76 homes are were listed per month.

11 condo units were listed in the last 30 days (March 20 - April 18) in Belleville, which represents 6.5% of all new listings. This is up 10.0% from the prior 30 day period (February 19 - March 19) and 450.0% more compared to the same period last year. There were 5 condos listed per month on average during the last 12 months.

24 townhomes were listed over the last 30 days (March 20 - April 18) in Belleville, which is 14.1% of all new real estate inventory. This is a 41.2% more than during the previous 30 day period (February 19 - March 19) and 1,100.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 13 a month.

There were a total of 85 homes sold during the last 30 days (March 20 - April 18), which is 74.6% of all properties sold in Belleville. This is a 41.7% increase compared with a previous 30 day period (February 19 - March 19) and 107.3% up from the same period a year ago. Over the past year an average of 1,046 homes are were sold per month.

10 condo units were sold in the last 30 days (March 20 - April 18) in Belleville, which represents 8.8% of all sold properties. This is up 400.0% from the prior 30 day period (February 19 - March 19) and 233.3% more compared to the same period last year. There were 51 condos sold per month on average during the last 12 months.

19 townhomes were sold over the last 30 days (March 20 - April 18) in Belleville, which is 16.7% of all sold real estate. This is a 58.3% more than during the previous 30 day period (February 19 - March 19) and 375.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 142 a month.