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!