Barrington Real Estate Market Update June 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 3.4 months supply of inventory on the market in Barrington on June 30, 2023.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Barrington last month was 29 days. It took on average 2 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from May 1, 2023 through May 31, 2023 was 26 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 $129/Sq.Ft, which is 31% a decline from last month.
In Barrington there were 5 units sold in May in the price range between $120,000 – $293,710 with an average of 2.2 bedrooms and 1.6 bathrooms and average Square footage of 1,297SF.
In Barrington there were 17 units sold in May in the price range between $293,711 – $683,709 with an average of 3.5 bedrooms and 2.8 bathrooms and average Square footage of 2,160SF.
In Barrington there were 4 units sold in May in the price range between $683,710 – $900,000 with an average of 3.8 bedrooms and 3.8 bathrooms and average Square footage of 3,114SF.
The low price range had the most activity. Homes up to $293,710 were on the market on average 23 days and sold an average of $201,400.
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!