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!