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South Barrington Real Estate Market Update February 2023


Real Estate In South Barrington is a sellers’ market with low inventory of homes in South Barrington and a lot of buyer interest. There is a 4.65 months supply of inventory on the market in South Barrington on February 28, 2023.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in South Barrington last month was 78 days.
The number of home sales in South Barrington from January 1, 2023 through January 31, 2023 was 2 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 $161/Sq.Ft, which is 12% an increase from last month.


In South Barrington there were 1 units sold in January in the price range between $959,000 – $1,086,750 with an average of 4 bedrooms and 4 bathrooms and average Square footage of 4,893SF.

In South Barrington there were 1 units sold in January in the price range between $1,342,250 – $1,470,000 with an average of 5 bedrooms and 6 bathrooms and average Square footage of 7,631SF.

The high price range had the most activity. Homes up to $1,470,000 were on the market on average 150 days and sold an average of $1,470,000.

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
Dec 1, 2022 – Dec 31, 2022
Jan 1, 2023 – Jan 31, 2023

Month
December
January

Average Listing Price
$1,783,835
$1,764,563

Median Sales Price
$1,097,000
$1,214,500

Month supply of inventory
4.5
4.7

Market Time Detached
58 days
78 days

Market Time Attached
0 days
0 days

Inventory
52 properties
56 properties

Low price range
$949,000 – $1,023,000
$959,000 – $1,086,750

Low price range market time
41 days
5 days

Low price range units sold
0
1

Low price range bedrooms
5
4

Low price range bathrooms
6
4

Low price range approx sqft
8,056 SF
4,893 SF

Mid price range
$1,023,001 – $1,170,999
$1,086,751 – $1,342,249

Mid price range market time
0 days
0 days

Mid price range units sold
0
0

Mid price range bedrooms
0
0

Mid price range bathrooms
0
0

Mid price range approx sqft
0 SF
0 SF

High price range
$1,171,000 – $1,245,000
$1,342,250 – $1,470,000

High price range market time
74 days
150 days

High price range units sold
1
1

High price range bedrooms
5
5

High price range bathrooms
6
6

High price range approxsqft
7,872 SF
7,631 SF

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