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Barrington Real Estate Market Update January 2024


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 1.86 months supply of inventory on the market in Barrington on January 31, 2024.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Barrington last month was 12 days.
The number of home sales in Barrington from December 1, 2023 through December 31, 2023 was 14 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 $140/Sq.Ft, which is 16% a decline from last month.


In Barrington there were 2 units sold in December in the price range between $360,000 – $453,498 with an average of 3.5 bedrooms and 2.5 bathrooms and average Square footage of 2,446SF.

In Barrington there were 9 units sold in December in the price range between $453,499 – $647,247 with an average of 3.7 bedrooms and 3 bathrooms and average Square footage of 2,437SF.

In Barrington there were 3 units sold in December in the price range between $647,248 – $747,500 with an average of 4.3 bedrooms and 3.7 bathrooms and average Square footage of 3,367SF.

The middle price range had the most activity. Homes up to $647,247 were on the market on average 16 days and sold an average of $529,272.

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, 2023 – Nov 30, 2023
Dec 1, 2023 – Dec 31, 2023

Month
November
December

Average Listing Price
$836,645
$877,721

Median Sales Price
$612,343
$546,996

Month supply of inventory
2.7
1.9

Market Time Detached
73 days
12 days

Market Time Attached
22 days
0 days

Inventory
75 properties
55 properties

Low price range
$227,000 – $419,672
$360,000 – $453,498

Low price range market time
12 days
3 days

Low price range units sold
0
2

Low price range bedrooms
2
3.5

Low price range bathrooms
2
2.5

Low price range approx sqft
1,239 SF
2,446 SF

Mid price range
$419,673 – $924,921
$453,499 – $647,247

Mid price range market time
83 days
16 days

Mid price range units sold
5
9

Mid price range bedrooms
3.6
3.7

Mid price range bathrooms
3.4
3

Mid price range approx sqft
4,957 SF
2,437 SF

High price range
$924,922 – $1,237,500
$647,248 – $747,500

High price range market time
43 days
7 days

High price range units sold
1
3

High price range bedrooms
4
4.3

High price range bathrooms
5
3.7

High price range approxsqft
5,053 SF
3,367 SF

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