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Lake Barrington Real Estate Market Update November 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 2.53 months supply of inventory on the market in Lake Barrington on November 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 14 days. It took on average 60 days to sell Lake Barrington Condo, Townhouse or a Duplex.
The number of home sales in Lake Barrington from October 1, 2024 through October 31, 2024 was 7 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 $193/Sq.Ft, which is 32% an increase from last month.


In Lake Barrington there were 2 units sold in October in the price range between $290,000 – $433,071 with an average of 2.5 bedrooms and 2.5 bathrooms and average Square footage of 2,207SF.

In Lake Barrington there were 2 units sold in October in the price range between $433,072 – $708,070 with an average of 3.5 bedrooms and 3.5 bathrooms and average Square footage of 2,461SF.

In Lake Barrington there were 3 units sold in October in the price range between $708,071 – $840,000 with an average of 5 bedrooms and 4 bathrooms and average Square footage of 4,184SF.

The high price range had the most activity. Homes up to $840,000 were on the market on average 10 days and sold an average of $775,000.

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
Sep 1, 2024 – Sep 30, 2024
Oct 1, 2024 – Oct 31, 2024

Month
September
October

Average Listing Price
$700,707
$680,375

Median Sales Price
$463,800
$576,142

Month supply of inventory
2.5
2.5

Market Time Detached
19 days
14 days

Market Time Attached
12 days
60 days

Inventory
33 properties
33 properties

Low price range
$253,000 – $358,400
$290,000 – $433,071

Low price range market time
18 days
53 days

Low price range units sold
0
2

Low price range bedrooms
2
2.5

Low price range bathrooms
2
2.5

Low price range approx sqft
1,154 SF
2,207 SF

Mid price range
$358,401 – $589,399
$433,072 – $708,070

Mid price range market time
10 days
49 days

Mid price range units sold
3
2

Mid price range bedrooms
2.7
3.5

Mid price range bathrooms
3
3.5

Mid price range approx sqft
2,103 SF
2,461 SF

High price range
$589,400 – $715,000
$708,071 – $840,000

High price range market time
19 days
10 days

High price range units sold
1
3

High price range bedrooms
4
5

High price range bathrooms
3
4

High price range approxsqft
3,594 SF
4,184 SF

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