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South Barrington Real Estate Market Update August 2023


Real Estate In South Barrington is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.31 months supply of inventory on the market in South Barrington on August 31, 2023.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in South Barrington last month was 120 days.
The number of home sales in South Barrington from July 1, 2023 through July 31, 2023 was 4 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 $150/Sq.Ft, which is 43% an increase from last month.


In South Barrington there were 1 units sold in July in the price range between $730,000 – $926,375 with an average of 5 bedrooms and 5 bathrooms and average Square footage of 3,227SF.

In South Barrington there were 2 units sold in July in the price range between $926,376 – $1,361,374 with an average of 4.5 bedrooms and 5.5 bathrooms and average Square footage of 5,910SF.

In South Barrington there were 1 units sold in July in the price range between $1,361,375 – $1,600,000 with an average of 5 bedrooms and 6 bathrooms and average Square footage of 10,006SF.

The middle price range had the most activity. Homes up to $1,361,374 were on the market on average 152 days and sold an average of $1,080,500.

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 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, 2023 – Jun 30, 2023
Jul 1, 2023 – Jul 31, 2023

Month
June
July

Average Listing Price
$2,085,078
$1,773,888

Median Sales Price
$888,900
$1,122,750

Month supply of inventory
5.2
5.3

Market Time Detached
25 days
120 days

Market Time Attached
0 days
0 days

Inventory
56 properties
58 properties

Low price range
$510,000 – $699,450
$730,000 – $926,375

Low price range market time
10 days
173 days

Low price range units sold
0
1

Low price range bedrooms
5
5

Low price range bathrooms
4
5

Low price range approx sqft
2,569 SF
3,227 SF

Mid price range
$699,451 – $1,076,949
$926,376 – $1,361,374

Mid price range market time
30 days
152 days

Mid price range units sold
7
2

Mid price range bedrooms
3.7
4.5

Mid price range bathrooms
4.3
5.5

Mid price range approx sqft
4,577 SF
5,910 SF

High price range
$1,076,950 – $1,265,000
$1,361,375 – $1,600,000

High price range market time
19 days
4 days

High price range units sold
2
1

High price range bedrooms
4
5

High price range bathrooms
5
6

High price range approxsqft
6,529 SF
10,006 SF

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