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!