Barrington Real Estate Market Update May 2022
Real Estate In Barrington is a very strong sellers’ market with very low inventory of homes for sale in Barrington and a high demand. There is a 1.84 months supply of inventory on the market in Barrington on May 31, 2022.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Barrington last month was 24 days. It took on average 7 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from April 1, 2022 through April 30, 2022 was 48 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 $211/Sq.Ft, which is 27% an increase from last month.
In Barrington there were 8 units sold in April in the price range between $175,000 – $416,390 with an average of 2.5 bedrooms and 2 bathrooms and average Square footage of 1,385SF.
In Barrington there were 38 units sold in April in the price range between $416,391 – $1,403,889 with an average of 4.1 bedrooms and 3.6 bathrooms and average Square footage of 3,250SF.
In Barrington there were 2 units sold in April in the price range between $1,403,890 – $2,150,000 with an average of 4.5 bedrooms and 5 bathrooms and average Square footage of 4,628SF.
The low price range had the most activity. Homes up to $416,390 were on the market on average 23 days and sold an average of $297,375.
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!