North Barrington Real Estate Market Update February 2023

Real Estate In North Barrington is a sellers’ market with low inventory of homes in North Barrington and a lot of buyer interest. There is a 3.94 months supply of inventory on the market in North Barrington on February 28, 2023.

Now is the Time to Sell! The average market time for a Single Family Homes to sell in North Barrington last month was 77 days.
The number of home sales in North Barrington from January 1, 2023 through January 31, 2023 was 4 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 $150/Sq.Ft, which is 5% an increase from last month.
In North Barrington there were 3 units sold in January in the price range between $270,000 – $560,000 with an average of 3.3 bedrooms and 2.3 bathrooms and average Square footage of 2,845SF.
In North Barrington there were 1 units sold in January in the price range between $1,525,000 – $2,200,000 with an average of 5 bedrooms and 8 bathrooms and average Square footage of 10,460SF.
The low price range had the most activity. Homes up to $560,000 were on the market on average 35 days and sold an average of $400,000.
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!



