North Barrington Real Estate Market Update August 2023
Real Estate In North Barrington is a balanced market favoring buyers. There is significant amount of homes for sale in North Barrington, and buyers are not in a rush to buy yet. There is a 6.64 months supply of inventory on the market in North Barrington on August 31, 2023.
Now is the Time to Buy! The average market time for a Single Family Homes to sell in North Barrington last month was 47 days.
The number of home sales in North Barrington from July 1, 2023 through July 31, 2023 was 3 units. That is 1% above the number of homes sold last month in North Barrington.
The average price per square foot in the area is now $156/Sq.Ft, which is 53% an increase from last month.
In North Barrington there were 1 units sold in July in the price range between $600,000 – $766,667 with an average of 4 bedrooms and 4 bathrooms and average Square footage of 3,515SF.
In North Barrington there were 1 units sold in July in the price range between $766,668 – $1,091,666 with an average of 6 bedrooms and 5 bathrooms and average Square footage of 7,370SF.
In North Barrington there were 1 units sold in July in the price range between $1,091,667 – $1,250,000 with an average of 4 bedrooms and 7 bathrooms and average Square footage of 4,766SF.
The high price range had the most activity. Homes up to $1,250,000 were on the market on average 91 days and sold an average of $1,250,000.
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 North Barrington. Search all North Barrington homes for Sale on propertyup.com If you are considering viewing North Barrington, you may want to do so now!