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Lake Barrington Homes For Sale Real Estate Market Report December 2017

By Author: John Herman
Total Articles: 133

If you are thinking to purchase real estate in Lake Barrington as your primary residence or an investment property, you should read our latest Lake Barrington Real Estate Report. The PropertyUp Inc., John Herman Team has reviewed the data and reports a a decrease month to month supply of inventory. There is a 7.89 month(s) supply of inventory on the market in Lake Barrington in Dec 31, 2017. Now is the Time to Buy! The average market time for a Single Family Homes to sell in Lake Barrington last month was 147 days. It took on average 41 days to sell Lake Barrington Condo, Townhouse or a Duplex. The number of home sales in Lake Barrington from the December 1, 2017 through December 31, 2017 was 7.9 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 $124/Sq.Ft, which is 4% a decline from last month.

In Lake Barrington there were 5 units sold in December in the price range between $160,000 - $415,774 with an average of 2.8 bedrooms and 2.9 bathrooms and average Square footage of 2,273SF.

In Lake Barrington there were 1 units sold in December in the price range between $415,775 - $671,548 with an average of 4 bedrooms and 3.1 bathrooms and average Square footage of 4,464SF.

In Lake Barrington there were 1 units sold in December in the price range between $671,549 - $767,324 with an average of 4 bedrooms and 4.1 bathrooms and average Square footage of 4,176SF.

The low price range had the the most activity. Homes up to $160,000 - $415,774 were on the market on average 43 days and sold an average of $269,700.

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!

More About the Author

John Herman owner-operator of the business started as licensed real estate agent 12/17/2004 and have built a large network of happy returned clients. Over the years John Herman obtained Managing broker certification and build a team of 3 full time agents and 4 administrative assistants. John Herman and his team earned customer driven Five Star professional award for Realtors the past 6 years in the row. Our unique business model is based on servicing real estate buyers and sellers that are starting their real estate search online. Property Up have full time 24/7/365 days a year customer service team that answers online inquiry under 5 minutes. This makes us very competitive as industry average only 42% of online inquiries get answered all together. The Company has been under the current management of Alina Herman and John Herman with a team of contractors working on Marketing, SEO, web development, documentation, process creation and audits for proper quality control. John Herman and Alina Herman have 12 years real estate experience each. John is top 10% in sales in Illinois and a top 100 Agent in the NSBAR association.

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