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Barrington Real Estate Market Update February 2023


Real Estate In Barrington is a very strong sellers’ market with very low inventory of homes for sale in Barrington and a high demand. There is a 2.03 months supply of inventory on the market in Barrington on February 28, 2023.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Barrington last month was 22 days. It took on average 35 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from January 1, 2023 through January 31, 2023 was 15 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 $134/Sq.Ft, which is 44% a decline from last month.


In Barrington there were 5 units sold in January in the price range between $139,000 – $258,180 with an average of 1.8 bedrooms and 1.8 bathrooms and average Square footage of 1,176SF.

In Barrington there were 9 units sold in January in the price range between $258,181 – $613,679 with an average of 3.1 bedrooms and 2.6 bathrooms and average Square footage of 2,162SF.

In Barrington there were 1 units sold in January in the price range between $613,680 – $850,000 with an average of 5 bedrooms and 4 bathrooms and average Square footage of 3,584SF.

The low price range had the most activity. Homes up to $258,180 were on the market on average 36 days and sold an average of $182,400.

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
Dec 1, 2022 – Dec 31, 2022
Jan 1, 2023 – Jan 31, 2023

Month
December
January

Average Listing Price
$610,146
$655,614

Median Sales Price
$670,616
$377,360

Month supply of inventory
2.3
2

Market Time Detached
26 days
22 days

Market Time Attached
14 days
35 days

Inventory
82 properties
76 properties

Low price range
$175,549 – $423,083
$139,000 – $258,180

Low price range market time
21 days
36 days

Low price range units sold
0
5

Low price range bedrooms
3
1.8

Low price range bathrooms
1.7
1.8

Low price range approx sqft
1,508 SF
1,176 SF

Mid price range
$423,084 – $1,197,807
$258,181 – $613,679

Mid price range market time
32 days
23 days

Mid price range units sold
5
9

Mid price range bedrooms
4
3.1

Mid price range bathrooms
3.6
2.6

Mid price range approx sqft
3,315 SF
2,162 SF

High price range
$1,197,808 – $1,725,000
$613,680 – $850,000

High price range market time
3 days
15 days

High price range units sold
1
1

High price range bedrooms
4
5

High price range bathrooms
5
4

High price range approxsqft
3,820 SF
3,584 SF

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