Lake Barrington Homes For Sale Real Estate Market Report December 2017

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

Lake Barrington Homes For Sale Real Estate Market Report From December 1, 2017 to December 31, 2017. Now is the Time to Buy! 

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 7.89 month(s) supply of inventory on the market in Lake Barrington in Dec 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 147 days. It took on average 41 days to sell Lake Barrington Condo, Townhouse or a Duplex. The number of home sales in Lake Barrington from the December 1, 2017 through December 31, 2017 was 7.9 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 $124/Sq.Ft, which is 4% a decline from last month. 

In Lake Barrington there were 5 units sold in December in the price range between $160,000 - $415,774 with an average of 2.8 bedrooms and 2.9 bathrooms and average Square footage of 2,273SF. 

In Lake Barrington there were 1 units sold in December in the price range between $415,775 - $671,548 with an average of 4 bedrooms and 3.1 bathrooms and average Square footage of 4,464SF. 

In Lake Barrington there were 1 units sold in December in the price range between $671,549 - $767,324 with an average of 4 bedrooms and 4.1 bathrooms and average Square footage of 4,176SF. 

The low price range had the the most activity. Homes up to $160,000 - $415,774 were on the market on average 43 days and sold an average of $269,700. 

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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Rainmaker
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Sharon Kowitz
CRS-SRES-ABR-GRI-E-Pro-CREN Fonville Morisey Cary, NC - Cary, NC
Cary, NC Relocation Specialist ~ Buying or Selling

I love seeing other markets around the country! Thanks for sharing!

Jan 15, 2018 05:56 PM #1
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John Herman

Licensed Illinois Managing Broker- Property up Inc
Licensed Illinois Barrington Managing Broker
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