Belleville Real Estate Statistics

Belleville real estate average sold price in the last 30 days (December 7 - January 5) was $482,330, which is $50,813 (10.5%) lower than the average price of $533,143 in the previous 30 day period (November 7 - December 6), and $9,360 (1.9%) down from the same period 1 year ago ($491,690). Belleville real estate prices over the last 30 days are also $28,627 (5.9%) lower than the average selling price of $510,957 over the past year.

Belleville average sold price for homes was $509,534 in the last 30 days (December 7 - January 5), which is $54,967 (10.8%) down from the average home price of $564,501 in the previous 30 day period (November 7 - December 6), and $22 (0.0%) higher than the same period 1 year ago ($509,512). In the last 30 days Belleville the average home price was $21,294 (4.2%) lower than the average selling price of $530,828 over the last 12 months.

Average Belleville condo sold price over the last 30 days (December 7 - January 5) was $223,833. During this period it was $46,167 (20.6%) down from the average price of condo of $270,000 during the previous 30 days (November 7 - December 6), and $19,133 (8.5%) lower compared to the same period 1 year ago ($242,966). In the last 30 days Belleville the average condo price was $131,878 (58.9%) lower than the average selling price of $355,711 over the last year.

Average sold price of Belleville townhouse was $426,000 in the last 30 days (December 7 - January 5), down $103,442 (24.3%) from the average townhome price of $529,442 over the previous 30 days (November 7 - December 6), and $68,266 (16.0%) lower than during to the same period 1 year ago ($494,266). Over the last 30 days the average townhouse price in Belleville was $56,426 (13.2%) lower compared to the average selling price of $482,426 over the last 12 months.

Average selling price for Belleville real estate was $482,330 in the last 30 days (December 7 - January 5), which is collectively $14,984 (2.9%) lower than the average asking price of $513,864. This represents an increase of $1,079 (6.7%) compared to $16,063 (2.8%) Sold-Under-Asking price from the previous 30 day period (November 7 - December 6).

The maximum Sold Over/Under Asking ratio in Belleville during the last 12 months was recorded in April, 2024 with an average of $6,118 under the asking price, while the minimum occurring in August, 2024 with $19,724 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 171.0% with 53 properties sold and 99 new properties listed in the past 30 days (December 7 - January 5). This represents an increase from 72.7% recorded during the previous 30 day period (November 7 - December 6), and an increase from 156.2% compared to the same period one year ago.

Over the the last year the highest SNLR in Belleville was 178.9% recorded in December and the lowest was in May at 49.0%. 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 53 properties that were successfully sold in Belleville in the last 30 days (December 7 - January 5) was 47 days, which is 7 days less than 54 days average in the previous 30 day period (November 7 - December 6) and 7 days longer than during the same period a year ago (40 days).

There were 53 delisted properties in Belleville, those that got either Expired, Suspended or Terminated over the last 30 days (December 7 - January 5) with an average of 94 days on the market. This is 30 days longer than the average of 64 days during the previous 30 day period (November 7 - December 6) and 5 days less compared to the same period last year average of 99 days on the market.

53 Belleville properties that didn't sell stayed on the market 100.0% longer than 53 that sucessfully sold over the last 30 days - 47 days when sold vs 94 days when delisted respectively.

Average Days on the Market in Belleville over the past 12 months for properties that have sold was 41.1 days, with 75.2 days for those properties that did not sell.

31 new properties were listed on the market in Belleville in the last 30 days (December 7 - January 5). During the same time 53 properties were sold and 53 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 75 properties (or 241.9%).

During the previous 30 day period (November 7 - December 6) there were 99 new properties listed, 72 sold and 58 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was April with 177 new properties listed, the slowest - December with 38 new listings and a yearly average of 125 new listings per month.

There were a total of 29 homes listed during the last 30 days (December 7 - January 5), which is 93.5% of all properties listed in Belleville. This is a 61.3% decline compared with a previous 30 day period (November 7 - December 6) and 7.4% up from the same period a year ago. Over the past year an average of 99 homes are were listed per month.

2 townhomes were listed over the last 30 days (December 7 - January 5) in Belleville, which is 6.5% of all new real estate inventory. This is a 90.0% less than during the previous 30 day period (November 7 - December 6) and 50.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 19 a month.

There were a total of 43 homes sold during the last 30 days (December 7 - January 5), which is 81.1% of all properties sold in Belleville. This is a 17.3% decline compared with a previous 30 day period (November 7 - December 6) and 4.9% up from the same period a year ago. Over the past year an average of 77 homes are were sold per month.

3 condo units were sold in the last 30 days (December 7 - January 5) in Belleville, which represents 5.7% of all sold properties. This is down 50.0% from the prior 30 day period (November 7 - December 6) and 0.0% less compared to the same period last year. There were 8 condos sold per month on average during the last 12 months.

7 townhomes were sold over the last 30 days (December 7 - January 5) in Belleville, which is 13.2% of all sold real estate. This is a 50.0% less than during the previous 30 day period (November 7 - December 6) and 16.7% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 15 a month.