How is the current real estate market in the Barrington areas of Northern Illinois?
(The Barrington Areas are located in McHenry County, Cook County and Lake Countiesin Northern Illinois. The "Barrington Area" in MRED MLS includes: Tower Lakes, Barrington Village, South Barrington, Port Barrington, North Barrington, Deer Park, Lake Barrington, Barrington Hills)
As of today, per MRED MLS, for the past 3 months:
We currently have 606 Single Family homes on the market in Barrington that are active and available.
•· They have been on the market for an average of 250 days. The average list price is $1,118,489.
•· During the past 3 months, 105 Single Family homes have successfully closed with the help of their Realtors. They took an average of 199 days on the market to get SOLD.
•· The average list price of the SOLD Single Family homes was $831,385 and the average SOLD price was $765,164.
With the help of their REALTORS, successful sellers in
Barrington have been getting 92% of their asking prices!
We are still experiencing a Buyer's Market in the Barrington areas of Northern Illinois.
It is a GREAT TIME TO BUY REAL ESTATE, *especially for first time buyers,
investors and move up buyers.*
We are having a "HUGE sale" on our large inventory of VERY well priced HOMES! ;-)
We currently have 133 Attached homes on the market in Barrington that are active and available.
•· They have been on the market for an average of 211 days.
•· The average list price is $336,403.
•· During the past 3 months, 17 Attached homes have successfully closed in Barrington with the help of their Realtors. They took an average of 140 days on the market to get SOLD.
•· The average list price of the SOLD Attached homes in Barrington is $340,217 and the average SOLD price is $315,382.
So, on the average over the past 3 months, Attached homes in Barrington have been getting an average of 93% of their list prices, with the help of their Realtors.
We are still experiencing a Real Estate Buyer's Market in beautiful areas of Barrington, Illinois.
It is a GREAT time to buy!!
If I can be of assistance to you, please do not hesitate to call or email me. It will be my pleasure!
By the way, if you know of someone that could benefit from my high level of personal service and success in the current market, please call or email me with their name and daytime phone number and I will be sure to follow up and take great care of them. Thanks to you and your referrals, my business keeps growing:-)
I can be reached at my direct number at the office: 847.516.6760. I look forward to hearing from you!
Information deemed accurate and reliable but not guaranteed. Source MRED MLS.Disclaimer: Information herein may come from various sources, some of which may not be reliable and may change without any notice. Debra Kukulski does not guarantee or is any way responsible for the accuracy of the information in this blog and information provided is without warranties of any kind, either express or implied. Information on this blog represents the opinions and ideas of the author; comments by others may not express the views of the author. Copyright © 2008 By Debra Kukulski, all rights reserved.
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Debra,
Looks like you guys are weathering the market well. Your post made me think of the years I spent in Chicago and the beautiful summers and Lincoln Park and Lake Shore Drive.... don't miss the winters though! Hope you can make it down to Savannah soon.
Tom