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!