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Lake Barrington Real Estate Market Update August 2022


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 2.4 months supply of inventory on the market in Lake Barrington on August 31, 2022.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Lake Barrington last month was 11 days. It took on average 6 days to sell Lake Barrington Condo, Townhouse or a Duplex.
The number of home sales in Lake Barrington from July 1, 2022 through July 31, 2022 was 11 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 $149/Sq.Ft, which is 3% an increase from last month.


In Lake Barrington there were 2 units sold in July in the price range between $212,000 – $360,964 with an average of 2.5 bedrooms and 1.5 bathrooms and average Square footage of 1,387SF.

In Lake Barrington there were 7 units sold in July in the price range between $360,965 – $664,463 with an average of 3.9 bedrooms and 3.6 bathrooms and average Square footage of 2,912SF.

In Lake Barrington there were 2 units sold in July in the price range between $664,464 – $819,000 with an average of 4.5 bedrooms and 4.5 bathrooms and average Square footage of 5,068SF.

The middle price range had the most activity. Homes up to $664,463 were on the market on average 9 days and sold an average of $509,357.

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 propertyup.com If you are considering viewing Lake Barrington, you may want to do so now!

Lake Barrington
Jun 1, 2022 – Jun 30, 2022
Jul 1, 2022 – Jul 31, 2022

Month
June
July

Average Listing Price
$629,068
$660,615

Median Sales Price
$478,676
$509,928

Month supply of inventory
2.5
2.4

Market Time Detached
45 days
11 days

Market Time Attached
16 days
6 days

Inventory
42 properties
40 properties

Low price range
$230,000 – $354,338
$212,000 – $360,964

Low price range market time
16 days
16 days

Low price range units sold
0
2

Low price range bedrooms
2.2
2.5

Low price range bathrooms
2.6
1.5

Low price range approx sqft
1,837 SF
1,387 SF

Mid price range
$354,339 – $709,337
$360,965 – $664,463

Mid price range market time
26 days
9 days

Mid price range units sold
10
7

Mid price range bedrooms
3.3
3.9

Mid price range bathrooms
3.8
3.6

Mid price range approx sqft
3,010 SF
2,912 SF

High price range
$709,338 – $940,000
$664,464 – $819,000

High price range market time
56 days
10 days

High price range units sold
2
2

High price range bedrooms
4
4.5

High price range bathrooms
4
4.5

High price range approxsqft
4,923 SF
5,068 SF

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