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!