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Barrington Real Estate Market Update March 2024


Real Estate In Barrington is a sellers’ market with low inventory of homes in Barrington and a lot of buyer interest. There is a 2.39 months supply of inventory on the market in Barrington on March 31, 2024.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Barrington last month was 18 days. It took on average 47 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from February 1, 2024 through February 29, 2024 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 $120/Sq.Ft, which is 25% a decline from last month.


In Barrington there were 4 units sold in February in the price range between $206,000 – $344,429 with an average of 2 bedrooms and 1.8 bathrooms and average Square footage of 1,182SF.

In Barrington there were 8 units sold in February in the price range between $344,430 – $703,928 with an average of 3.6 bedrooms and 2.8 bathrooms and average Square footage of 1,917SF.

In Barrington there were 2 units sold in February in the price range between $703,929 – $925,000 with an average of 4.5 bedrooms and 4 bathrooms and average Square footage of 5,969SF.

The low price range had the most activity. Homes up to $344,429 were on the market on average 38 days and sold an average of $234,500.

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 old.propertyup.com If you are considering viewing Barrington, you may want to do so now!

Barrington
Jan 1, 2024 – Jan 31, 2024
Feb 1, 2024 – Feb 29, 2024
Month
January
February
Average Listing Price
$897,024
$989,328
Median Sales Price
$607,650
$482,857
Month supply of inventory
2
2.4
Market Time Detached
44 days
18 days
Market Time Attached
0 days
47 days
Inventory
57 properties
70 properties
Low price range
$352,500 – $480,075
$206,000 – $344,429
Low price range market time
36 days
38 days
Low price range units sold
0
4
Low price range bedrooms
3.2
2
Low price range bathrooms
3.2
1.8
Low price range approx sqft
2,023 SF
1,182 SF
Mid price range
$480,076 – $758,824
$344,430 – $703,928
Mid price range market time
57 days
17 days
Mid price range units sold
1
8
Mid price range bedrooms
5
3.6
Mid price range bathrooms
5
2.8
Mid price range approx sqft
5,352 SF
1,917 SF
High price range
$758,825 – $910,000
$703,929 – $925,000
High price range market time
50 days
31 days
High price range units sold
4
2
High price range bedrooms
4.3
4.5
High price range bathrooms
4.5
4
High price range approxsqft
4,132 SF
5,969 SF

 

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