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Lake Barrington Real Estate Market Update April 2024


Real Estate In Lake Barrington is a sellers’ market with low inventory of homes in Lake Barrington and a lot of buyer interest. There is a 2.76 months supply of inventory on the market in Lake Barrington on April 30, 2024.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Lake Barrington last month was 5 days. It took on average 13 days to sell Lake Barrington Condo, Townhouse or a Duplex.
The number of home sales in Lake Barrington from March 1, 2024 through March 31, 2024 was 10 units. That is 1% above the number of homes sold last month in Lake Barrington.
The average price per square foot in the area is now $163/Sq.Ft, which is 14% an increase from last month.


In Lake Barrington there were 2 units sold in March in the price range between $264,500 – $377,725 with an average of 2.5 bedrooms and 3 bathrooms and average Square footage of 1,970SF.

In Lake Barrington there were 7 units sold in March in the price range between $377,726 – $705,474 with an average of 3.4 bedrooms and 3.7 bathrooms and average Square footage of 3,007SF.

In Lake Barrington there were 1 units sold in March in the price range between $705,475 – $920,000 with an average of 5 bedrooms and 5 bathrooms and average Square footage of 6,659SF.

The low price range had the most activity. Homes up to $377,725 were on the market on average 28 days and sold an average of $314,750.

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 Lake Barrington. Search all Lake Barrington homes for Sale on old.propertyup.com If you are considering viewing Lake Barrington, you may want to do so now!

Lake Barrington
Feb 1, 2024 – Feb 29, 2024
Mar 1, 2024 – Mar 31, 2024

Month
February
March

Average Listing Price
$627,107
$668,114

Median Sales Price
$452,550
$490,950

Month supply of inventory
2.6
2.8

Market Time Detached
69 days
5 days

Market Time Attached
42 days
13 days

Inventory
33 properties
36 properties

Low price range
$305,000 – $378,775
$264,500 – $377,725

Low price range market time
65 days
28 days

Low price range units sold
0
2

Low price range bedrooms
2.5
2.5

Low price range bathrooms
3
3

Low price range approx sqft
1,958 SF
1,970 SF

Mid price range
$378,776 – $564,274
$377,726 – $705,474

Mid price range market time
57 days
7 days

Mid price range units sold
7
7

Mid price range bedrooms
3.4
3.4

Mid price range bathrooms
2.9
3.7

Mid price range approx sqft
2,950 SF
3,007 SF

High price range
$564,275 – $676,000
$705,475 – $920,000

High price range market time
3 days
5 days

High price range units sold
1
1

High price range bedrooms
3
5

High price range bathrooms
3
5

High price range approxsqft
3,496 SF
6,659 SF

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