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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!

Barrington
Jun 1, 2023 – Jun 30, 2023
Jul 1, 2023 – Jul 31, 2023

Month
June
July

Average Listing Price
$756,626
$762,956

Median Sales Price
$655,863
$586,523

Month supply of inventory
3.5
3.5

Market Time Detached
31 days
11 days

Market Time Attached
3 days
10 days

Inventory
90 properties
88 properties

Low price range
$210,000 – $432,932
$244,000 – $415,262

Low price range market time
36 days
14 days

Low price range units sold
0
6

Low price range bedrooms
2.9
2.7

Low price range bathrooms
2.3
2.5

Low price range approx sqft
1,555 SF
1,725 SF

Mid price range
$432,933 – $1,107,931
$415,263 – $905,761

Mid price range market time
19 days
7 days

Mid price range units sold
11
12

Mid price range bedrooms
3.7
3.8

Mid price range bathrooms
3.5
3.3

Mid price range approx sqft
2,859 SF
3,067 SF

High price range
$1,107,932 – $1,560,000
$905,762 – $1,225,000

High price range market time
28 days
23 days

High price range units sold
4
3

High price range bedrooms
4.5
4.7

High price range bathrooms
5.3
4.7

High price range approxsqft
5,017 SF
5,384 SF

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