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North Barrington Real Estate Market Update May 2024


Real Estate In North Barrington is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.6 months supply of inventory on the market in North Barrington on May 31, 2024.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in North Barrington last month was 55 days.
The number of home sales in North Barrington from April 1, 2024 through April 30, 2024 was 5 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 $147/Sq.Ft, which is 31% an increase from last month.
In North Barrington there were 2 units sold in April in the price range between $670,000 – $884,500 with an average of 6 bedrooms and 4.5 bathrooms and average Square footage of 4,196SF.

In North Barrington there were 1 units sold in April in the price range between $884,501 – $1,286,999 with an average of 4 bedrooms and 6 bathrooms and average Square footage of 7,836SF.

In North Barrington there were 2 units sold in April in the price range between $1,287,000 – $1,475,000 with an average of 4.5 bedrooms and 5.5 bathrooms and average Square footage of 4,570SF.

The high price range had the most activity. Homes up to $1,475,000 were on the market on average 11 days and sold an average of $1,412,500.

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 North Barrington. Search all North Barrington homes for Sale on old.propertyup.com If you are considering viewing North Barrington, you may want to do so now!

North Barrington
Mar 1, 2024 – Mar 31, 2024
Apr 1, 2024 – Apr 30, 2024
Month
March
April
Average Listing Price
$1,308,264
$1,393,389
Median Sales Price
$801,250
$1,099,000
Month supply of inventory
4.9
5.6
Market Time Detached
46 days
55 days
Market Time Attached
0 days
0 days
Inventory
28 properties
30 properties
Low price range
$400,000 – $600,625
$670,000 – $884,500
Low price range market time
1 days
17 days
Low price range units sold
0
2
Low price range bedrooms
3
6
Low price range bathrooms
2
4.5
Low price range approx sqft
1,537 SF
4,196 SF
Mid price range
$600,626 – $950,624
$884,501 – $1,286,999
Mid price range market time
12 days
222 days
Mid price range units sold
1
1
Mid price range bedrooms
4
4
Mid price range bathrooms
4
6
Mid price range approx sqft
4,566 SF
7,836 SF
High price range
$950,625 – $1,100,000
$1,287,000 – $1,475,000
High price range market time
85 days
11 days
High price range units sold
2
2
High price range bedrooms
5
4.5
High price range bathrooms
7
5.5
High price range approxsqft
7,839 SF
4,570 SF

 

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