Lake Barrington Real Estate Market Update January 2023
Real Estate In Lake Barrington is a very strong sellers’ market with very low inventory of homes for sale in Lake Barrington and a high demand. There is a 1.99 months supply of inventory on the market in Lake Barrington on January 31, 2023.
Now is the Time to Sell! It took on average 12 days to sell Lake Barrington Condo, Townhouse or a Duplex.
The number of home sales in Lake Barrington from December 1, 2022 through December 31, 2022 was 6 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 $93/Sq.Ft, which is 60% a decline from last month.
In Lake Barrington there were 3 units sold in December in the price range between $250,000 – $293,500 with an average of 2 bedrooms and 2.3 bathrooms and average Square footage of 1,304SF.
In Lake Barrington there were 1 units sold in December in the price range between $293,501 – $405,999 with an average of 2 bedrooms and 4 bathrooms and average Square footage of 2,115SF.
In Lake Barrington there were 2 units sold in December in the price range between $406,000 – $475,000 with an average of 3 bedrooms and 4 bathrooms and average Square footage of 2,579SF.
The low price range had the most activity. Homes up to $293,500 were on the market on average 16 days and sold an average of $261,666.
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!