Property prices for sale in Belleville (Ontario)
The prices in real estate in Belleville, in the Ontario region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Belleville has increased during the last 6 months. In October, the average price per sq.feet was $421. In November this price pretty much remained the same at a value of $424 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $422.5 to $406 per sq.feet. The price per sq.feet has had a considerable increase of 134 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $414.25 to $555.5 during February, and March.
Based upon to the price in Belleville (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $532,144. In November This price remains at $541,943. During the following two months (December, January) the average price had a considerable increase of 122 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $692,308 they are 45 % more affordable than the average price for Belleville. The properties with the lowest average price have 2 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 3 bedrooms priced at $629,969.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $363 / sq.feet, with an average $560 / sq.feet price in Belleville. The properties with the lowest average prices have 2 bedrooms. They are 15 % cheaper than the average followed by properties with 3 bedrooms with a price at $423 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $692,308 it is 35 % cheaper than the average price in Belleville. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $553,257 it is 175 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $384 / sq.feet followed by "Condo" priced at $455 / sq.feet. "Land" is the most costly type of property with a $1,904,203 / sq.feet cost followed by "Condo" with an average price of $455 / sq.feet.
