Saturday 19 May 2018

Lake Barrington Real Estate Market Update May 2018


Real Estate In Lake Barrington is a strong buyers market. Plenty of homes for sale in Lake Barrington and a lot of opportunity to gargan hard for the buyers. There is a 10 months supply of inventory on the market in Lake Barringtonon May 31, 2018.


Now is the Time to Buy!
The average market time for a Single Family Homes to sell in Lake Barrington last month was 107 days.
It took on average 70 days to sell Lake Barrington Condo, Townhouse or a Duplex.
The number of home sales in Lake Barrington from April 1, 2018 through April 30, 2018 was 15 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 $112/Sq.Ft, which is 24% an increase from last month.


In Lake Barrington there were 5 units sold in April in the price range between $138,000 – $237,921 with an average of 2 bedrooms and 1.5 bathrooms and average Square footage of 1,553SF.
In Lake Barrington there were 7 units sold in April in the price range between $237,922 – $503,920 with an average of 3.4 bedrooms and 2.8 bathrooms and average Square footage of 2,339SF.
In Lake Barrington there were 3 units sold in April in the price range between $503,921 – $670,000 with an average of 4.3 bedrooms and 3.8 bathrooms and average Square footage of 4,090SF.
The low price range had the most activity. Homes up to $237,921 were on the market on average 84 days and sold an average of $169,925.

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!

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