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Lake Barrington Real Estate Market Update August 2018

Author: John Herman
by John Herman
Posted: Aug 21, 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 7.79 months supply of inventory on the market in Lake Barrington on August 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 101 days.

It took on average 50 days to sell Lake Barrington Condo, Townhouse or a Duplex.

The number of home sales in Lake Barrington from July 1, 2018 through July 31, 2018 was 17 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 $103/Sq.Ft, which is 10% a decline from last month.

In Lake Barrington there were 5 units sold in July in the price range between $175,000 – $263,069 with an average of 2.4 bedrooms and 2.3 bathrooms and average Square footage of 1,661SF.

In Lake Barrington there were 11 units sold in July in the price range between $263,070 – $530,068 with an average of 3.2 bedrooms and 2.6 bathrooms and average Square footage of 2,438SF.

In Lake Barrington there were 1 units sold in July in the price range between $530,069 – $709,000 with an average of 4 bedrooms and 5.1 bathrooms and average Square footage of 5,036SF.

The low price range had the most activity. Homes up to $263,069 were on the market on average 76 days and sold an average of $201,350.

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 If you are considering viewing Lake Barrington, you may want to do so now!

Fully Updated and great location 2 Bedroom with a loft, 2 Full Bathrooms and 2 half bathrooms! Stainless and Granite in the updated kitchen! New Windows in most of home! Newer Appliances & HVAC system! Walk out basement is nicely finished with updated fireplace and reclaimed barn-wood wall! Move right in! The back of the home has a beautiful view of ta large pond, very serene. Exquisite Attention to Details Throughout. KENSINGTON Town Home in the Lake Barrington Shores. A MUST SEE!!!

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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