It’s Friday and that means we’re talking real estate today at 365Barrington.com. I’m sharing a weekly list of Sunday open houses in Barrington along with a quick update about the 60010 real estate market.
I just took a look at the 2011 year-to-date residential real estate sales in Barrington and compared that to the same time period in 2010…
From Jan. 1 through Feb. 24 in both years, a total of 35 properties sold. The difference is that, in 2010, the average sold price in Barrington was $711,741 compared with the 2011 year-to-date average sold price of $489,740. Take a quick look at those numbers, courtesy of MRED, on a chart and then I’ll give you the good news.
Right now, there are almost 700 residential properties (homes, condos and townhomes) currently on the market in the Barrington area. The good news is that 78 of those properties are currently under contract and waiting to close, with an average list price of about $587,000. As the spring buyers start to make their moves, we’ll see more of the current homes for sale go under contract, but we’ll also see a surge of new inventory with sellers who’ve been busy getting ready to put “For Sale” signs up. The bottom line is this. If you’re in the market to buy or sell a home, it’s important to stay on top of the local market data. I’ll be watching it for you and sharing updates weekly right here at 365Barrington.com.
Now to the 60010 open houses for this Sunday, February 27th. There are 14 on the list and most are open from 1-4PM. But two of these properties (128 Cutter & 25773 Apache) are only open from 1 until 3PM and one property (547 Summit) is open from 2-4PM. Call or email me if you’d like to know which homes are open tomorrow, Saturday. There are only three. And if you visit any of these homes this Sunday, let them know Liz sent you ;).
I’d love to hear your feedback and, if you’re thinking of buying or selling a home, I’m happy to be a resource. If you’d like to share your thoughts about the local real estate market, feel free to start a conversation in the comments box at the end of this post. Please call me anytime to talk real estate at 847-691-3150, or shoot me an email Liz@365Barrington.com. I’m always a phone call or an email away and I’m happy to give you more specific data that pertains to your home or neighborhood. In the meantime, here’s a a look at the full list of scheduled open houses in Barrington for this Sunday, February 27, 2011…[idx-listings linkid=”124841″ count=”20″ showlargerphotos=”true”]