Barrington Real Estate Market Update May 2018

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Barrington Real Estate Market Update May 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 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. – PowerPoint PPT presentation

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Title: Barrington Real Estate Market Update May 2018


1
Barrington Real Estate Market Update May 2018
2
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.
3
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.
4
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.
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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!
John Herman Property Up Inc. Call 847-847-4711 18
-5 E Dundee Rd, Suite 200 Barrington, IL 60010
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