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South Barrington Real Estate Market Update August 2022


Real Estate In South Barrington is a balanced market favoring buyers. There is significant amount of homes for sale in South Barrington, and buyers are not in a rush to buy yet. There is a 7.9 months supply of inventory on the market in South Barrington on August 31, 2022.
Now is the Time to Buy! The average market time for a Single Family Homes to sell in South Barrington last month was 25 days.
The number of home sales in South Barrington from July 1, 2022 through July 31, 2022 was 5 units. That is 1% above the number of homes sold last month in South Barrington.
The average price per square foot in the area is now $146/Sq.Ft, which is 14% a decline from last month.


In South Barrington there were 1 units sold in July in the price range between $750,000 – $892,100 with an average of 5 bedrooms and 4 bathrooms and average Square footage of 5,946SF.

In South Barrington there were 2 units sold in July in the price range between $892,101 – $1,192,099 with an average of 4 bedrooms and 5.5 bathrooms and average Square footage of 7,122SF.

In South Barrington there were 2 units sold in July in the price range between $1,192,100 – $1,350,000 with an average of 5 bedrooms and 6 bathrooms and average Square footage of 6,785SF.

The high price range had the most activity. Homes up to $1,350,000 were on the market on average 23 days and sold an average of $1,295,000.

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

South Barrington
Jun 1, 2022 – Jun 30, 2022
Jul 1, 2022 – Jul 31, 2022

Month
June
July

Average Listing Price
$1,457,637
$1,563,040

Median Sales Price
$1,196,510
$1,034,200

Month supply of inventory
6.9
7.9

Market Time Detached
61 days
25 days

Market Time Attached
0 days
0 days

Inventory
73 properties
78 properties

Low price range
$720,000 – $958,255
$750,000 – $892,100

Low price range market time
94 days
7 days

Low price range units sold
0
1

Low price range bedrooms
3.7
5

Low price range bathrooms
4
4

Low price range approx sqft
4,125 SF
5,946 SF

Mid price range
$958,256 – $1,463,254
$892,101 – $1,192,099

Mid price range market time
65 days
36 days

Mid price range units sold
3
2

Mid price range bedrooms
5.7
4

Mid price range bathrooms
6.7
5.5

Mid price range approx sqft
7,088 SF
7,122 SF

High price range
$1,463,255 – $1,730,000
$1,192,100 – $1,350,000

High price range market time
7 days
23 days

High price range units sold
2
2

High price range bedrooms
5
5

High price range bathrooms
7.5
6

High price range approxsqft
8,164 SF
6,785 SF

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