Barrington Illinois Housing Market Statistics - Barrington Prices Continue to Trend Down - as It Becomes a Stronger Buyer's Market in the Area...
By Rick Hauser, ABR, CNC, CNE, GRI, SFR, Exclusive Buyer Agent-Cov
(Buyer Broker Chicagoland - CHICAGO IL AND SUBURBS)
The median single family home price as of March 21 2010 for Barrington Illinois is $580,077 - down from $729,000 in September 2009. Home prices in Barrington IL have been steadily decreasing since September 2009. The average property in Barrington as of March 21 2010 has been on the market for about 294 days - up from 220 days at the end of 2009. Days on market has been steadily increasing since then. Barrington has progressing towards and stronger and stronger buyer's market - since January of this year. We calculate this based on the balance between supply and demand in Barrington using a statistical function of the current rate of sale versus current inventory in Barrington. Here is a Map of Barrington IL Area Homes Having The Highest Time On Market __________________________...
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