Barrington Real Estate Market Update May 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 3.37 months supply of inventory on the market in Barrington on May 31, 2023.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Barrington last month was 60 days. It took on average 3 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from April 1, 2023 through April 30, 2023 was 22 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 $186/Sq.Ft, which is 6% an increase from last month.
In Barrington there were 3 units sold in April in the price range between $183,500 – $419,343 with an average of 2.7 bedrooms and 2 bathrooms and average Square footage of 1,307SF.
In Barrington there were 18 units sold in April in the price range between $419,344 – $1,252,592 with an average of 4.1 bedrooms and 3.6 bathrooms and average Square footage of 3,158SF.
In Barrington there were 1 units sold in April in the price range between $1,252,593 – $1,850,000 with an average of 5 bedrooms and 5 bathrooms and average Square footage of 5,929SF.
The low price range had the most activity. Homes up to $419,343 were on the market on average 92 days and sold an average of $240,000.
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!