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Barrington Real Estate Market Update February 2024


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 2 months supply of inventory on the market in Barrington on February 29, 2024.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Barrington last month was 44 days.
The number of home sales in Barrington from January 1, 2024 through January 31, 2024 was 10 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 $160/Sq.Ft, which is 13% an increase from last month.


In Barrington there were 5 units sold in January in the price range between $352,500 – $480,075 with an average of 3.2 bedrooms and 3.2 bathrooms and average Square footage of 2,023SF.

In Barrington there were 1 units sold in January in the price range between $480,076 – $758,824 with an average of 5 bedrooms and 5 bathrooms and average Square footage of 5,352SF.

In Barrington there were 4 units sold in January in the price range between $758,825 – $910,000 with an average of 4.3 bedrooms and 4.5 bathrooms and average Square footage of 4,132SF.

The low price range had the most activity. Homes up to $480,075 were on the market on average 36 days and sold an average of $409,300.

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
Dec 1, 2023 – Dec 31, 2023
Jan 1, 2024 – Jan 31, 2024
Month
December
January
Average Listing Price
$879,621
$897,024
Median Sales Price
$546,996
$607,650
Month supply of inventory
1.8
2
Market Time Detached
12 days
44 days
Market Time Attached
0 days
0 days
Inventory
53 properties
57 properties
Low price range
$360,000 – $453,498
$352,500 – $480,075
Low price range market time
3 days
36 days
Low price range units sold
0
5
Low price range bedrooms
3.5
3.2
Low price range bathrooms
2.5
3.2
Low price range approx sqft
2,446 SF
2,023 SF
Mid price range
$453,499 – $647,247
$480,076 – $758,824
Mid price range market time
16 days
57 days
Mid price range units sold
9
1
Mid price range bedrooms
3.7
5
Mid price range bathrooms
3
5
Mid price range approx sqft
2,437 SF
5,352 SF
High price range
$647,248 – $747,500
$758,825 – $910,000
High price range market time
7 days
50 days
High price range units sold
3
4
High price range bedrooms
4.3
4.3
High price range bathrooms
3.7
4.5
High price range approxsqft
3,367 SF
4,132 SF

 

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