Barrington Real Estate Market Update April 2023
Real Estate In Barrington is a sellers’ market with low inventory of homes in Barrington and a lot of buyer interest. There is a 2.76 months supply of inventory on the market in Barrington on April 30, 2023.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Barrington last month was 31 days. It took on average 7 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from March 1, 2023 through March 31, 2023 was 18 units. That is 1% above the number of homes sold last month in Barrington.
The average price per square foot in the area is now $177/Sq.Ft, which is 25% an increase from last month.
In Barrington there were 5 units sold in March in the price range between $238,000 – $418,944 with an average of 2.4 bedrooms and 2 bathrooms and average Square footage of 1,448SF.
In Barrington there were 11 units sold in March in the price range between $418,945 – $1,024,943 with an average of 3.7 bedrooms and 3.5 bathrooms and average Square footage of 3,123SF.
In Barrington there were 2 units sold in March in the price range between $1,024,944 – $1,450,000 with an average of 5 bedrooms and 6.5 bathrooms and average Square footage of 7,125SF.
The low price range had the most activity. Homes up to $418,944 were on the market on average 35 days and sold an average of $322,780.
If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Barrington. Search all Barrington homes for Sale on propertyup.com If you are considering viewing Barrington, you may want to do so now!