South Barrington Real Estate Market Update December 2018


Real Estate In South Barrington is a very strong buyers market with very large inventory and a low amount of buyers. There is a 12.72 months supply of inventory on the market in South Barrington on December 31, 2018.



Now is the Time to Buy!

The average market time for a Single Family Homes to sell in South Barrington last month was 108 days.
The number of home sales in South Barrington from November 1, 2018 through November 30, 2018 was 7 units. That is 1% above the number of homes sold last month in South Barrington.

The average price per square foot in the area is now $134/Sq.Ft, which is 15% a decline from last month.



In South Barrington there were 3 units sold in November in the price range between $490,875 – $626,750 with an average of 4.7 bedrooms and 3.1 bathrooms and average Square footage of 2,853SF.

In South Barrington there were 1 units sold in November in the price range between $626,751 – $908,812 with an average of 5 bedrooms and 4.2 bathrooms and average Square footage of 6,740SF.

In South Barrington there were 3 units sold in November in the price range between $908,813 – $1,055,000 with an average of 4.7 bedrooms and 4.5 bathrooms and average Square footage of 5,609SF.

The high price range had the most activity. Homes up to $1,055,000 were on the market on average 118 days and sold an average of $981,666.

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 South Barrington. Search all South Barrington homes for Sale on propertyup.com If you are considering viewing South Barrington, you may want to do so now!

South Barrington
Oct 1, 2018 – Oct 31, 2018
Nov 1, 2018 – Nov 30, 2018
Month
October
November
Average Listing Price
$1,168,098
$1,185,538
Median Sales Price
$886,250
$762,625
Month supply of inventory
18.1
12.7
Market Time Detached
63 days
108 days
Market Time Attached
0 days
0 days
Inventory
134 properties
110 properties
Low price range
$585,000 – $735,625
$490,875 – $626,750
Low price range market time
42 days
99 days
Low price range units sold
0
3
Low price range bedrooms
4.7
4.7
Low price range bathrooms
3.4
3.1
Low price range approx sqft
3,616 SF
2,853 SF
Mid price range
$735,626 – $1,343,124
$626,751 – $908,812
Mid price range market time
100 days
102 days
Mid price range units sold
2
1
Mid price range bedrooms
3.5
5
Mid price range bathrooms
3.6
4.2
Mid price range approx sqft
3,571 SF
6,740 SF
High price range
$1,343,125 – $1,800,000
$908,813 – $1,055,000
High price range market time
52 days
118 days
High price range units sold
1
3
High price range bedrooms
5
4.7
High price range bathrooms
6.1
4.5
High price range approxsqft
7,167 SF
5,609 SF

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source http://realestatevibe.com/south-barrington-real-estate-market-update-December-2018/

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