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Barrington Real Estate Market Update May 2018

Author: John Herman
by John Herman
Posted: May 10, 2018

Real Estate In Barrington is a very strong buyers market with very large inventory and a low amount of buyers. There is a 10.77 months supply of inventory on the market in Barrington on May 31, 2018.

Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Barrington last month was 81 days.

It took on average 10 days to sell Barrington Condo, Townhouse or a Duplex.

The number of home sales in Barrington from April 1, 2018 through April 30, 2018 was 15 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 $157/Sq.Ft, which is 7% an increase from last month.

In Barrington there were 2 units sold in April in the price range between $166,500 – $329,052 with an average of 2.5 bedrooms and 1.5 bathrooms and average Square footage of 1,110SF.

In Barrington there were 11 units sold in April in the price range between $329,053 – $805,801 with an average of 3.9 bedrooms and 2.5 bathrooms and average Square footage of 2,559SF.

In Barrington there were 2 units sold in April in the price range between $805,802 – $1,120,000 with an average of 5 bedrooms and 5.2 bathrooms and average Square footage of 4,700SF.

The middle price range had the most activity. Homes up to $805,801 were on the market on average 86 days and sold an average of $449,142.

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!

Historic Village Victorian has endless possibilities for your lifestyle! This property is zoned Business Residential & your imagination is the limit for turning this turn of the century back to its original stately condition, or to live in & operate your business on the main level. The entire building has been renovated for business use in 2003. Two enclosed porches, 1st and 2nd floors have hardwood floors, front & back staircase access, and space is currently avail. For lease on the 2nd floor. NOTE: Full kitchen & bathroom restorations are necessary for turning this back to it's original use a single family residence. Ideal "in town" location across from the Jewel Food store, steps to Ice House Mall, Barrington's White House & Barrington Village Center offering many locally owned shops & dining options. Large Village lot w ample space for addition. Close to Metra, Barrington HS & Blue Ribbon Hough Elementary School. Owner is IL licensed agent.

About the Author

Helping you make the right choices when it comes to all things property. Huge price reduction!!!lovely english cottage style ranch on beautifully wooded lot great location. Gated entry leads to charming walkway & welcoming porch.

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Author: John Herman

John Herman

Member since: Oct 11, 2017
Published articles: 130

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