Barrington Real Estate Market Update August 2018

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Barrington Real Estate Market Update August 2018
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Real Estate In Barrington is a very strong buyers
market with very large inventory and a low amount
of buyers. There is a 11.15 months supply of
inventory on the market in Barrington on August
31, 2018.
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Now is the Time to Buy! The average market time
for a Single Family Homes to sell in
Barrington last month was 55 days.It took on
average 30 days to sell Barrington Condo,
Townhouse or a Duplex.The number of home sales
in Barrington from July 1, 2018 through July 31,
2018 was 22 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
145/Sq.Ft, which is 17 a decline from last
month.
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In Barrington there were 3 units sold in July in
the price range between 140,000 305,061 with
an average of 2.3 bedrooms and 1.7 bathrooms and
average Square footage of 1,112SF. In Barrington
there were 16 units sold in July in the price
range between 305,062 710,060 with an average
of 3.8 bedrooms and 2.3 bathrooms and average
Square footage of 2,693SF. In Barrington there
were 3 units sold in July in the price range
between 710,061 950,000 with an average of 4
bedrooms and 3.1 bathrooms and average Square
footage of 3,396SF. The middle price range had
the most activity. Homes up to 710,060 were on
the market on average 53 days and sold an average
of 452,356.
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If you are looking for a new home for you and
your family, or looking for an investment
property, you cant 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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• John Herman
• Property Up Inc.
• Call 847-847-4711
• 18-5 E Dundee Rd, Suite 200
• Barrington, IL 60010