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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!

Lake Barrington
Nov 1, 2022 – Nov 30, 2022
Dec 1, 2022 – Dec 31, 2022

Month
November
December

Average Listing Price
$603,641
$652,785

Median Sales Price
$750,000
$337,000

Month supply of inventory
2.6
2

Market Time Detached
32 days
0 days

Market Time Attached
0 days
12 days

Inventory
38 properties
28 properties

Low price range
$750,000 – $750,000
$250,000 – $293,500

Low price range market time
32 days
16 days

Low price range units sold
0
3

Low price range bedrooms
4
2

Low price range bathrooms
4
2.3

Low price range approx sqft
3,770 SF
1,304 SF

Mid price range
$750,001 – $749,999
$293,501 – $405,999

Mid price range market time
0 days
14 days

Mid price range units sold
0
1

Mid price range bedrooms
0
2

Mid price range bathrooms
0
4

Mid price range approx sqft
0 SF
2,115 SF

High price range
$750,000 – $750,000
$406,000 – $475,000

High price range market time
32 days
7 days

High price range units sold
1
2

High price range bedrooms
4
3

High price range bathrooms
4
4

High price range approxsqft
3,770 SF
2,579 SF

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