Barrington Real Estate Market Update July 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 10.89 months supply of inventory on the market in Barrington on July 31, 2018.

Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Barrington last month was 38 days.
It took on average 46 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from June 1, 2018 through June 30, 2018 was 36 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 $173/Sq.Ft, which is 0% an increase from last month.

In Barrington there were 5 units sold in June in the price range between $130,000 – $327,428 with an average of 3 bedrooms and 2.2 bathrooms and average Square footage of 1,743SF.

In Barrington there were 28 units sold in June in the price range between $327,429 – $837,427 with an average of 3.9 bedrooms and 2.5 bathrooms and average Square footage of 2,781SF.

In Barrington there were 3 units sold in June in the price range between $837,428 – $1,150,000 with an average of 4.7 bedrooms and 4.1 bathrooms and average Square footage of 3,787SF.

The low price range had the most activity. Homes up to $327,428 were on the market on average 39 days and sold an average of $231,600.

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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Illinois Cook County Barrington
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barrington homes for sale
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Rainmaker
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Joyce Marsh
Regal | Christie's International Real Estate - Orlando, FL
Regional Manager Regal Christie's Int'l Realty
Thank you for sharing the latest sales and inventory report on this segment of the real estate market.  It’s interesting to see how the market differs in other areas of the country. 
Jul 14, 2018 03:55 AM #1
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi John,  Thanks so much for sharing your area market report with us.  This is valuable information for those looking to buy or sell.

Jul 14, 2018 06:52 PM #2
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Rainmaker
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John Herman

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