Lake Barrington Real Estate Market Update July 2018
Posted: Jul 23, 2018
Real Estate In Lake Barrington is a balanced market favoring buyers. There is significant amount of homes for sale in Lake Barrington, and buyers are not in a rush to buy yet. There is a 8.31 months supply of inventory on the market in Lake Barrington on July 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 168 days.
It took on average 93 days to sell Lake Barrington Condo, Townhouse or a Duplex.
The number of home sales in Lake Barrington from June 1, 2018 through June 30, 2018 was 23 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 $114/Sq.Ft, which is 23% a decline from last month.
In Lake Barrington there were 7 units sold in June in the price range between $191,250 – $286,699 with an average of 2.1 bedrooms and 2.1 bathrooms and average Square footage of 1,690SF.
In Lake Barrington there were 10 units sold in June in the price range between $286,700 – $506,698 with an average of 3.4 bedrooms and 2.5 bathrooms and average Square footage of 2,654SF.
In Lake Barrington there were 6 units sold in June in the price range between $506,699 – $631,250 with an average of 4.2 bedrooms and 2.7 bathrooms and average Square footage of 3,379SF.
The low price range had the most activity. Homes up to $286,699 were on the market on average 56 days and sold an average of $234,592.
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!
Rare opportunity Outstanding setting backing to the 500 acre Grassy lake Flint creek Forest Preserve. Pristine colonial with First floor master retreat boasting a sitting room with FP his and hers closets bath with roman tub and separate shower custom entertainers kitchen and gathering room. Grand cathedral family room. Paneled Library Office. Formal living and dinning room. Walkout lower level.
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.