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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!

Barrington
Jan 1, 2023 – Jan 31, 2023
Feb 1, 2023 – Feb 28, 2023

Month
January
February

Average Listing Price
$655,614
$723,263

Median Sales Price
$377,360
$501,766

Month supply of inventory
2
2.5

Market Time Detached
22 days
38 days

Market Time Attached
35 days
0 days

Inventory
76 properties
88 properties

Low price range
$139,000 – $258,180
$235,000 – $368,383

Low price range market time
36 days
44 days

Low price range units sold
0
2

Low price range bedrooms
1.8
2.5

Low price range bathrooms
1.8
1.5

Low price range approx sqft
1,176 SF
1,384 SF

Mid price range
$258,181 – $613,679
$368,384 – $785,882

Mid price range market time
23 days
41 days

Mid price range units sold
9
6

Mid price range bedrooms
3.1
3

Mid price range bathrooms
2.6
2.8

Mid price range approx sqft
2,162 SF
2,526 SF

High price range
$613,680 – $850,000
$785,883 – $1,070,000

High price range market time
15 days
8 days

High price range units sold
1
1

High price range bedrooms
5
5

High price range bathrooms
4
4

High price range approxsqft
3,584 SF
4,153 SF

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