Barrington Real Estate Market Update June 2022
Real Estate In Barrington is a sellers’ market with low inventory of homes in Barrington and a lot of buyer interest. There is a 3.19 months supply of inventory on the market in Barrington on June 30, 2022.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Barrington last month was 14 days. It took on average 11 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from May 1, 2022 through May 31, 2022 was 31 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 $217/Sq.Ft, which is 3% an increase from last month.
In Barrington there were 5 units sold in May in the price range between $183,000 – $414,559 with an average of 2.6 bedrooms and 2 bathrooms and average Square footage of 1,564SF.
In Barrington there were 25 units sold in May in the price range between $414,560 – $1,573,058 with an average of 4 bedrooms and 3.4 bathrooms and average Square footage of 3,126SF.
In Barrington there were 1 units sold in May in the price range between $1,573,059 – $2,500,000 with an average of 6 bedrooms and 5 bathrooms and average Square footage of 6,100SF.
The low price range had the most activity. Homes up to $414,559 were on the market on average 33 days and sold an average of $302,000.
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!