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Barrington Real Estate Market Update May 2018

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Real Estate In Barrington is a very strong buyers market with very large inventory and a low amount of buyers. There is a 10.77 months supply of inventory on the market in Barrington on May 31, 2018.

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Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Barrington last month was 81 days.
It took on average 10 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from April 1, 2018 through April 30, 2018 was 15 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 $157/Sq.Ft, which is 7% an increase from last month.

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In Barrington there were 2 units sold in April in the price range between $166,500 – $329,052 with an average of 2.5 bedrooms and 1.5 bathrooms and average Square footage of 1,110SF.

In Barrington there were 11 units sold in April in the price range between $329,053 – $805,801 with an average of 3.9 bedrooms and 2.5 bathrooms and average Square footage of 2,559SF.

In Barrington there were 2 units sold in April in the price range between $805,802 – $1,120,000 with an average of 5 bedrooms and 5.2 bathrooms and average Square footage of 4,700SF.

The middle price range had the most activity. Homes up to $805,801 were on the market on average 86 days and sold an average of $449,142.

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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!

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