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Lake Barrington Real Estate Market Update June 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 2.64 months supply of inventory on the market in Lake Barrington on June 30, 2022.
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 20 days to sell Lake Barrington Condo, Townhouse or a Duplex.
The number of home sales in Lake Barrington from May 1, 2022 through May 31, 2022 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 $140/Sq.Ft, which is 16% a decline from last month.


In Lake Barrington there were 2 units sold in May in the price range between $190,000 – $319,800 with an average of 2.5 bedrooms and 2 bathrooms and average Square footage of 1,474SF.

In Lake Barrington there were 6 units sold in May in the price range between $319,801 – $649,799 with an average of 2.5 bedrooms and 4 bathrooms and average Square footage of 2,555SF.

In Lake Barrington there were 2 units sold in May in the price range between $649,800 – $850,000 with an average of 5 bedrooms and 4 bathrooms and average Square footage of 4,839SF.

The middle price range had the most activity. Homes up to $649,799 were on the market on average 22 days and sold an average of $393,500.

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
Apr 1, 2022 – Apr 30, 2022
May 1, 2022 – May 31, 2022

Month
April
May

Average Listing Price
$556,192
$553,462

Median Sales Price
$534,037
$449,600

Month supply of inventory
1.4
2.6

Market Time Detached
37 days
5 days

Market Time Attached
8 days
20 days

Inventory
31 properties
48 properties

Low price range
$220,000 – $377,019
$190,000 – $319,800

Low price range market time
9 days
15 days

Low price range units sold
0
2

Low price range bedrooms
2
2.5

Low price range bathrooms
3
2

Low price range approx sqft
1,858 SF
1,474 SF

Mid price range
$377,020 – $701,518
$319,801 – $649,799

Mid price range market time
57 days
22 days

Mid price range units sold
5
6

Mid price range bedrooms
3.4
2.5

Mid price range bathrooms
3.2
4

Mid price range approx sqft
2,908 SF
2,555 SF

High price range
$701,519 – $869,000
$649,800 – $850,000

High price range market time
22 days
5 days

High price range units sold
8
2

High price range bedrooms
4
5

High price range bathrooms
4.3
4

High price range approxsqft
4,226 SF
4,839 SF

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