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!