Barrington Real Estate Market Update June 2018
Real Estate In Barrington is a very strong buyers market with very large inventory and a low amount of buyers. There is a 10.83 months supply of inventory on the market in Barrington on June 30, 2018.
Now is the Time to Buy!
The average market time for a Single Family Homes to sell in Barrington last month was 57 days.
It took on average 8 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from May 1, 2018 through May 31, 2018 was 30 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 $145/Sq.Ft, which is 0% an increase from last month.
In Barrington there were 6 units sold in May in the price range between $145,000 – $291,061 with an average of 3.2 bedrooms and 1.8 bathrooms and average Square footage of 1,624SF.
In Barrington there were 20 units sold in May in the price range between $291,062 – $607,524 with an average of 4 bedrooms and 2.5 bathrooms and average Square footage of 2,614SF.
In Barrington there were 4 units sold in May in the price range between $607,525 – $777,928 with an average of 4.3 bedrooms and 3.8 bathrooms and average Square footage of 4,204SF.
The low price range had the most activity. Homes up to $291,061 were on the market on average 50 days and sold an average of $225,500.
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 propertyup.com If you are considering viewing Barrington, you may want to do so now!