Lake Barrington Real Estate Market Update June 2018


Real Estate In Lake Barrington is a strong buyers market. Plenty of homes for sale in Lake Barrington and a lot of opportunity to gargan hard for the buyers. There is a 9.96 months supply of inventory on the market in Lake Barrington on June 30, 2018.



Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Lake Barrington last month was 64 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 May 1, 2018 through May 31, 2018 was 15 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 $111/Sq.Ft, which is 7% an increase from last month.



In Lake Barrington there were 6 units sold in May in the price range between $160,000 – $256,272 with an average of 2 bedrooms and 1.9 bathrooms and average Square footage of 1,590SF.

In Lake Barrington there were 6 units sold in May in the price range between $256,273 – $546,271 with an average of 3 bedrooms and 2.6 bathrooms and average Square footage of 2,466SF.

In Lake Barrington there were 3 units sold in May in the price range between $546,272 – $740,000 with an average of 4.3 bedrooms and 3.8 bathrooms and average Square footage of 5,004SF.

The low price range had the most activity. Homes up to $256,272 were on the market on average 102 days and sold an average of $205,041.

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!

Lake Barrington
Apr 1, 2018 – Apr 30, 2018
May 1, 2018 – May 31, 2018
Month
April
May
Average Listing Price
$490,390
$503,311
Median Sales Price
$327,672
$352,543
Month supply of inventory
9.5
10
Market Time Detached
107 days
64 days
Market Time Attached
65 days
93 days
Inventory
137 properties
144 properties
Low price range
$138,000 – $232,836
$160,000 – $256,272
Low price range market time
84 days
102 days
Low price range units sold
0
6
Low price range bedrooms
2
2
Low price range bathrooms
1.5
1.9
Low price range approx sqft
1,553 SF
1,590 SF
Mid price range
$232,837 – $498,835
$256,273 – $546,271
Mid price range market time
60 days
65 days
Mid price range units sold
9
6
Mid price range bedrooms
3.2
3
Mid price range bathrooms
2.6
2.6
Mid price range approx sqft
2,170 SF
2,466 SF
High price range
$498,836 – $670,000
$546,272 – $740,000
High price range market time
123 days
86 days
High price range units sold
3
3
High price range bedrooms
4.3
4.3
High price range bathrooms
3.8
3.8
High price range approxsqft
4,090 SF
5,004 SF

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