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Lake Barrington Homes For Sale Real Estate Market Report 2017

By
Managing Real Estate Broker with Property Up Inc. #471.017853

If you are thinking to purchase real estate in Lake Barrington as your primary residence or an investment property, you should read our latest Lake Barrington Real Estate Report. The PropertyUp Inc., John Herman Team has reviewed the data and reports a a decrease month to month supply of inventory. There is a 9.73 month(s) supply of inventory on the market in Lake Barrington in Oct 31, 2017. Now is the Time to Buy! The average market time for a Single Family Homes to sell in Lake Barrington last month was 68 days. It took on average 38 days to sell Lake Barrington Condo, Townhouse or a Duplex. The number of home sales in Lake Barrington from the October 1, 2017 through October 31, 2017 was 9.7 units. That is 1% above the number of homes sold last month in Lake Barrington. The average price per square foot in the area is now $130/Sq.Ft, which is 11% a decline from last month. 


In Lake Barrington there were 12 units sold in October in the price range between $170,000 - $349,999 with an average of 2.1 bedrooms and 2.2 bathrooms and average Square footage of 1,783SF. 

In Lake Barrington there were 3 units sold in October in the price range between $350,000 - $529,998 with an average of 4 bedrooms and 2.8 bathrooms and average Square footage of 3,215SF. 

In Lake Barrington there were 1 units sold in October in the price range between $529,999 - $540,000 with an average of 3 bedrooms and 3 bathrooms and average Square footage of 3,020SF. 

The low price range had the the most activity. Homes up to $170,000 - $349,999 were on the market on average 39 days and sold an average of $238,500. 

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 Lake Barrington. Search all Lake Barrington homes for Sale on propertyup.com If you are considering viewing Lake Barrington, you may want to do so now! 

Posted by

John Herman

Licensed Illinois Managing Broker

Property Up Inc.

Call Now  (847) 847-4711 For Real Estate Service.

 

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Roy Kelley
Retired - Gaithersburg, MD

Families moving to the area will appreciate this local real estate market report.

Nov 13, 2017 07:06 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information...thanks for sharing and have an amazing week ahead too!

Nov 13, 2017 07:48 AM