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Barrington Real Estate Market Update January 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 2.25 months supply of inventory on the market in Barrington on January 31, 2023.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Barrington last month was 26 days. It took on average 14 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from December 1, 2022 through December 31, 2022 was 9 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 $238/Sq.Ft, which is 1% an increase from last month.


In Barrington there were 3 units sold in December in the price range between $175,549 – $423,083 with an average of 3 bedrooms and 1.7 bathrooms and average Square footage of 1,508SF.

In Barrington there were 5 units sold in December in the price range between $423,084 – $1,197,807 with an average of 4 bedrooms and 3.6 bathrooms and average Square footage of 3,315SF.

In Barrington there were 1 units sold in December in the price range between $1,197,808 – $1,725,000 with an average of 4 bedrooms and 5 bathrooms and average Square footage of 3,820SF.

The low price range had the most activity. Homes up to $423,083 were on the market on average 21 days and sold an average of $305,183.

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
Nov 1, 2022 – Nov 30, 2022
Dec 1, 2022 – Dec 31, 2022

Month
November
December

Average Listing Price
$651,002
$610,146

Median Sales Price
$678,921
$670,616

Month supply of inventory
2.9
2.3

Market Time Detached
17 days
26 days

Market Time Attached
0 days
14 days

Inventory
100 properties
82 properties

Low price range
$312,000 – $495,461
$175,549 – $423,083

Low price range market time
25 days
21 days

Low price range units sold
0
3

Low price range bedrooms
2.8
3

Low price range bathrooms
2.3
1.7

Low price range approx sqft
1,501 SF
1,508 SF

Mid price range
$495,462 – $1,286,960
$423,084 – $1,197,807

Mid price range market time
14 days
32 days

Mid price range units sold
9
5

Mid price range bedrooms
4.2
4

Mid price range bathrooms
3.3
3.6

Mid price range approx sqft
3,221 SF
3,315 SF

High price range
$1,286,961 – $1,895,000
$1,197,808 – $1,725,000

High price range market time
16 days
3 days

High price range units sold
1
1

High price range bedrooms
4
4

High price range bathrooms
5
5

High price range approxsqft
4,375 SF
3,820 SF

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