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South Barrington Real Estate Market Update March 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 4.44 months supply of inventory on the market in South Barrington on March 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 47 days.
The number of home sales in South Barrington from February 1, 2023 through February 28, 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 $121/Sq.Ft, which is 25% a decline from last month.


In South Barrington there were 1 units sold in February in the price range between $675,000 – $845,500 with an average of 3 bedrooms and 3 bathrooms and average Square footage of 2,393SF.

In South Barrington there were 2 units sold in February in the price range between $845,501 – $1,290,499 with an average of 4 bedrooms and 5.5 bathrooms and average Square footage of 4,532SF.

In South Barrington there were 1 units sold in February in the price range between $1,290,500 – $1,565,000 with an average of 5 bedrooms and 8 bathrooms and average Square footage of 12,192SF.

The middle price range had the most activity. Homes up to $1,290,499 were on the market on average 61 days and sold an average of $912,000.

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
Jan 1, 2023 – Jan 31, 2023
Feb 1, 2023 – Feb 28, 2023

Month
January
February

Average Listing Price
$1,764,563
$1,882,543

Median Sales Price
$1,214,500
$1,016,000

Month supply of inventory
4.7
4.4

Market Time Detached
78 days
47 days

Market Time Attached
0 days
0 days

Inventory
56 properties
56 properties

Low price range
$959,000 – $1,086,750
$675,000 – $845,500

Low price range market time
5 days
47 days

Low price range units sold
0
1

Low price range bedrooms
4
3

Low price range bathrooms
4
3

Low price range approx sqft
4,893 SF
2,393 SF

Mid price range
$1,086,751 – $1,342,249
$845,501 – $1,290,499

Mid price range market time
0 days
61 days

Mid price range units sold
0
2

Mid price range bedrooms
0
4

Mid price range bathrooms
0
5.5

Mid price range approx sqft
0 SF
4,532 SF

High price range
$1,342,250 – $1,470,000
$1,290,500 – $1,565,000

High price range market time
150 days
17 days

High price range units sold
1
1

High price range bedrooms
5
5

High price range bathrooms
6
8

High price range approxsqft
7,631 SF
12,192 SF

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