The sales figures for Belleville Real Estate and surrounding area have just been released and the figures are amazing. The total dollar sales for the first four months of the year was $195,571,319 up 21.0% over the same period last year. The total dollar sales for April 2007 was $71,674,031 up an incredible 26.0% over April last year. The April 2007 average residential sale price for Real Estate in Belleville and the rest of the Quinte region was $192,732 up 6.8% over April last year. The number of sales for April 2007 was 392 up 20.6% over the same period last year. Even the overall sales for the year was up 18.5% when compared to last year.
An interesting figure was that the total number of listings for April 2007 was down 10.7% to 702 and the year to date total was 2547 listings down 9.0% compared to the same period last year.
This all points to a very strong Seller's market! Whether this pace will be sustained for the rest of the year, only time will tell. With a strong economy, good job growth, and positive consumer outlook the chances are good that Belleville Ontario Real Estate will continue to rise, at least in the near future.
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