Barrington Real Estate Market Update August 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 3.49 months supply of inventory on the market in Barrington on August 31, 2023.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Barrington last month was 11 days. It took on average 10 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from July 1, 2023 through July 31, 2023 was 21 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 $156/Sq.Ft, which is 9% a decline from last month.
In Barrington there were 6 units sold in July in the price range between $244,000 – $415,262 with an average of 2.7 bedrooms and 2.5 bathrooms and average Square footage of 1,725SF.
In Barrington there were 12 units sold in July in the price range between $415,263 – $905,761 with an average of 3.8 bedrooms and 3.3 bathrooms and average Square footage of 3,067SF.
In Barrington there were 3 units sold in July in the price range between $905,762 – $1,225,000 with an average of 4.7 bedrooms and 4.7 bathrooms and average Square footage of 5,384SF.
The low price range had the most activity. Homes up to $415,262 were on the market on average 14 days and sold an average of $302,583.
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!