Thursday 13 September 2018

Barrington Real Estate Market Update September 2018



Real Estate In Barrington is a very strong buyers market with very large inventory and a low amount of buyers. There is a 11.21 months supply of inventory on the market in Barrington on September 30, 2018.


Now is the Time to Buy!
The average market time for a Single Family Homes to sell in Barrington last month was 42 days.
It took on average 32 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from August 1, 2018 through August 31, 2018 was 21 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 $115/Sq.Ft, which is 0% an increase from last month.


In Barrington there were 4 units sold in August in the price range between $135,000 – $258,154 with an average of 2.8 bedrooms and 2.1 bathrooms and average Square footage of 1,369SF.
In Barrington there were 15 units sold in August in the price range between $258,155 – $587,878 with an average of 3.6 bedrooms and 2.2 bathrooms and average Square footage of 2,140SF.
In Barrington there were 2 units sold in August in the price range between $587,879 – $794,450 with an average of 5 bedrooms and 2.7 bathrooms and average Square footage of 3,336SF.
The low price range had the most activity. Homes up to $258,154 were on the market on average 87 days and sold an average of $185,000.

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!

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