Belleville Real Estate Statistics

Belleville real estate average sold price in the last 30 days (January 21 - February 19) was $456,968, which is $26,841 (5.9%) higher than the average price of $430,127 in the previous 30 day period (December 22 - January 20), and $42,032 (9.2%) down from the same period 1 year ago ($499,000). Belleville real estate prices over the last 30 days are also $50,900 (11.1%) lower than the average selling price of $507,868 over the past year.

Belleville average sold price for homes was $487,096 in the last 30 days (January 21 - February 19), which is $19,868 (4.1%) up from the average home price of $467,228 in the previous 30 day period (December 22 - January 20), and $27,789 (5.7%) lower than the same period 1 year ago ($514,885). In the last 30 days Belleville the average home price was $44,149 (9.1%) lower than the average selling price of $531,245 over the last 12 months.

Average Belleville condo sold price over the last 30 days (January 21 - February 19) was $156,000. During this period it was $70,666 (45.3%) down from the average price of condo of $226,666 during the previous 30 days (December 22 - January 20), and $95,333 (61.1%) lower compared to the same period 1 year ago ($251,333). In the last 30 days Belleville the average condo price was $195,720 (125.5%) lower than the average selling price of $351,720 over the last year.

Average sold price of Belleville townhouse was $456,780 in the last 30 days (January 21 - February 19), up $60,400 (13.2%) from the average townhome price of $396,380 over the previous 30 days (December 22 - January 20), and $14,280 (3.1%) higher than during to the same period 1 year ago ($442,500). Over the last 30 days the average townhouse price in Belleville was $17,582 (3.8%) lower compared to the average selling price of $474,362 over the last 12 months.

Average selling price for Belleville real estate was $456,968 in the last 30 days (January 21 - February 19), which is collectively $12,642 (2.2%) lower than the average asking price of $580,724. This represents a decline of $242 (2.0%) compared to $12,400 (2.1%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

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 42.2% with 38 properties sold and 61 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 47.5% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 62.4% 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 38 properties that were successfully sold in Belleville in the last 30 days (January 21 - February 19) was 55 days, which is 2 days less than 57 days average in the previous 30 day period (December 22 - January 20) and 1 days longer than during the same period a year ago (54 days).

There were 43 delisted properties in Belleville, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 100 days on the market. This is 12 days longer than the average of 88 days during the previous 30 day period (December 22 - January 20) and 2 days more compared to the same period last year average of 98 days on the market.

43 Belleville properties that didn't sell stayed on the market 81.8% longer than 38 that sucessfully sold over the last 30 days - 55 days when sold vs 100 days when delisted respectively.

Average Days on the Market in Belleville over the past 12 months for properties that have sold was 43.4 days, with 72.5 days for those properties that did not sell.

90 new properties were listed on the market in Belleville in the last 30 days (January 21 - February 19). During the same time 38 properties were sold and 43 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 9 properties (or 10.0%).

During the previous 30 day period (December 22 - January 20) there were 61 new properties listed, 29 sold and 56 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 126 new listings per month.

There were a total of 67 homes listed during the last 30 days (January 21 - February 19), which is 74.4% of all properties listed in Belleville. This is a 42.6% increase compared with a previous 30 day period (December 22 - January 20) and 21.2% down from the same period a year ago. Over the past year an average of 100 homes are were listed per month.

10 condo units were listed in the last 30 days (January 21 - February 19) in Belleville, which represents 11.1% of all new listings. This is up 400.0% from the prior 30 day period (December 22 - January 20) and 42.9% more compared to the same period last year. There were 7 condos listed per month on average during the last 12 months.

13 townhomes were listed over the last 30 days (January 21 - February 19) in Belleville, which is 14.4% of all new real estate inventory. This is a 8.3% more than during the previous 30 day period (December 22 - January 20) and 23.5% 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 30 homes sold during the last 30 days (January 21 - February 19), which is 78.9% of all properties sold in Belleville. This is a 42.9% increase compared with a previous 30 day period (December 22 - January 20) and 50.8% down from the same period a year ago. Over the past year an average of 79 homes are were sold per month.

3 condo units were sold in the last 30 days (January 21 - February 19) in Belleville, which represents 7.9% of all sold properties. This is down 0.0% from the prior 30 day period (December 22 - January 20) and 0.0% less compared to the same period last year. There were 9 condos sold per month on average during the last 12 months.

5 townhomes were sold over the last 30 days (January 21 - February 19) in Belleville, which is 13.2% of all sold real estate. This is a 0.0% less than during the previous 30 day period (December 22 - January 20) and 25.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 16 a month.