Barrington Real Estate Market Update August 2018

Real Estate In Barrington is a very strong buyers market with very large inventory and a low amount of buyers. There is a 11.15 months supply of inventory on the market in Barrington on August 31, 2018.

Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Barrington last month was 55 days. It took on average 30 days to sell Barrington Condo, Townhouse or a Duplex. The number of home sales in Barrington from July 1, 2018 through July 31, 2018 was 22 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 $145/Sq.Ft, which is 17% a decline from last month.

In Barrington there were 3 units sold in July in the price range between $140,000 – $305,061 with an average of 2.3 bedrooms and 1.7 bathrooms and average Square footage of 1,112SF.

In Barrington there were 16 units sold in July in the price range between $305,062 – $710,060 with an average of 3.8 bedrooms and 2.3 bathrooms and average Square footage of 2,693SF.

In Barrington there were 3 units sold in July in the price range between $710,061 – $950,000 with an average of 4 bedrooms and 3.1 bathrooms and average Square footage of 3,396SF.

The middle price range had the most activity. Homes up to $710,060 were on the market on average 53 days and sold an average of $452,356.

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!