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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!

Barrington
Mar 1, 2023 – Mar 31, 2023
Apr 1, 2023 – Apr 30, 2023

Month
March
April

Average Listing Price
$702,267
$721,294

Median Sales Price
$599,888
$655,186

Month supply of inventory
2.8
3.4

Market Time Detached
31 days
60 days

Market Time Attached
7 days
3 days

Inventory
90 properties
97 properties

Low price range
$238,000 – $418,944
$183,500 – $419,343

Low price range market time
35 days
92 days

Low price range units sold
0
3

Low price range bedrooms
2.4
2.7

Low price range bathrooms
2
2

Low price range approx sqft
1,448 SF
1,307 SF

Mid price range
$418,945 – $1,024,943
$419,344 – $1,252,592

Mid price range market time
22 days
35 days

Mid price range units sold
11
18

Mid price range bedrooms
3.7
4.1

Mid price range bathrooms
3.5
3.6

Mid price range approx sqft
3,123 SF
3,158 SF

High price range
$1,024,944 – $1,450,000
$1,252,593 – $1,850,000

High price range market time
61 days
304 days

High price range units sold
2
1

High price range bedrooms
5
5

High price range bathrooms
6.5
5

High price range approxsqft
7,125 SF
5,929 SF

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