Barrington Real Estate Market Update March 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 2.52 months supply of inventory on the market in Barrington on March 31, 2023.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Barrington last month was 38 days.
The number of home sales in Barrington from February 1, 2023 through February 28, 2023 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 $142/Sq.Ft, which is 6% an increase from last month.
In Barrington there were 2 units sold in February in the price range between $235,000 – $368,383 with an average of 2.5 bedrooms and 1.5 bathrooms and average Square footage of 1,384SF.
In Barrington there were 6 units sold in February in the price range between $368,384 – $785,882 with an average of 3 bedrooms and 2.8 bathrooms and average Square footage of 2,526SF.
In Barrington there were 1 units sold in February in the price range between $785,883 – $1,070,000 with an average of 5 bedrooms and 4 bathrooms and average Square footage of 4,153SF.
The low price range had the most activity. Homes up to $368,383 were on the market on average 44 days and sold an average of $250,000.
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!