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Barrington Real Estate Market Update September 2018

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

Real Estate In Barrington is a very strong buyers market with very large inventory and a low amount of buyers. There is a 11.21 months supply of inventory on the market in Barrington on September 30, 2018.

Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Barrington last month was 42 days.
It took on average 32 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from August 1, 2018 through August 31, 2018 was 21 units. That is 1% above the number of homes sold last month in Barrington.

The average price per square foot in the area is now $115/Sq.Ft, which is 0% an increase from last month.

In Barrington there were 4 units sold in August in the price range between $135,000 – $258,154 with an average of 2.8 bedrooms and 2.1 bathrooms and average Square footage of 1,369SF.

In Barrington there were 15 units sold in August in the price range between $258,155 – $587,878 with an average of 3.6 bedrooms and 2.2 bathrooms and average Square footage of 2,140SF.

In Barrington there were 2 units sold in August in the price range between $587,879 – $794,450 with an average of 5 bedrooms and 2.7 bathrooms and average Square footage of 3,336SF.

The low price range had the most activity. Homes up to $258,154 were on the market on average 87 days and sold an average of $185,000.

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 Barrington. Search all Barrington homes for Sale on propertyup.com If you are considering viewing 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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Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Homes

Your real estate market reports are very helpful for those looking to buy or sell. Thanks for the update. 

Sep 14, 2018 03:44 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Great market report thanks for sharing.  Some good information for buyers and sellers in your area.

Sep 14, 2018 04:01 AM