Tuesday, April 8, 2008
How is the current market in Barrington, IL?
How is the current market in Barrington, IL?
As of this morning, per MLSNI, for the past 3 months:
We currently have 533 Single Family homes on the market in Barrington that are active and available
They have been on the market for an average of 245 days.
The average list price is $1,074,989
During the past 3 months, 20 Single Family homes have successfully closed with the help of their Realtors. This only represents 24% of the market that have had success. They took an average of 299 days on the market to get SOLD.
The average list price of the SOLD Single Family homes is $805,823 and the average SOLD price is $757,676.
So, on the average Single Family homes in Barrington have been getting an average of 94% of their list prices, with the help of their Realtors.
We currently have 116 Attached homes on the market in Barrington that are active and available.
They have been on the market for an average of 225 days.
The average list price is $328,742
During the past 3 months, 5 Attached homes have successfully closed with the help of their Realtors. This only represents 45% of the market that have had success. They took an average of 305 days on the market to get SOLD.
The average list price of the SOLD Attached homes is $324,160 and the average SOLD price is $303,700.
So, on the average Attached homes in Barrington have been getting an average of 94% of their list prices, with the help of their Realtors.
We are still experiencing a Buyer's Market in Barrington. It is a GREAT time to buy!!
If I can be of assistance to you, please do not hesitate to call or email me. It will be my pleasure!
Debra
847-516-6760
deb@debrakukulski.com
My Website
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