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Barrington Real Estate Market Update August 2022


Real Estate In Barrington is a sellers’ market with low inventory of homes in Barrington and a lot of buyer interest. There is a 2.78 months supply of inventory on the market in Barrington on August 31, 2022.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Barrington last month was 27 days. It took on average 17 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from July 1, 2022 through July 31, 2022 was 26 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 $197/Sq.Ft, which is 3% an increase from last month.


In Barrington there were 5 units sold in July in the price range between $130,000 – $355,875 with an average of 2.4 bedrooms and 1.6 bathrooms and average Square footage of 1,113SF.

In Barrington there were 15 units sold in July in the price range between $355,876 – $749,624 with an average of 3.7 bedrooms and 3.4 bathrooms and average Square footage of 2,758SF.

In Barrington there were 6 units sold in July in the price range between $749,625 – $917,500 with an average of 4.3 bedrooms and 4.3 bathrooms and average Square footage of 3,977SF.

The middle price range had the most activity. Homes up to $749,624 were on the market on average 27 days and sold an average of $594,266.

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!

Barrington
Jun 1, 2022 – Jun 30, 2022
Jul 1, 2022 – Jul 31, 2022

Month
June
July

Average Listing Price
$674,457
$652,220

Median Sales Price
$571,151
$581,750

Month supply of inventory
3
2.8

Market Time Detached
10 days
27 days

Market Time Attached
3 days
17 days

Inventory
121 properties
114 properties

Low price range
$215,000 – $393,076
$130,000 – $355,875

Low price range market time
6 days
28 days

Low price range units sold
0
5

Low price range bedrooms
2.4
2.4

Low price range bathrooms
2.1
1.6

Low price range approx sqft
1,405 SF
1,113 SF

Mid price range
$393,077 – $935,575
$355,876 – $749,624

Mid price range market time
9 days
27 days

Mid price range units sold
28
15

Mid price range bedrooms
3.7
3.7

Mid price range bathrooms
3
3.4

Mid price range approx sqft
2,701 SF
2,758 SF

High price range
$935,576 – $1,300,000
$749,625 – $917,500

High price range market time
15 days
22 days

High price range units sold
4
6

High price range bedrooms
4.5
4.3

High price range bathrooms
4.5
4.3

High price range approxsqft
4,716 SF
3,977 SF

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