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141. Real Estate: Months Supply of Barrington Homes For Sale at Five Year Low

141. Real Estate: Months Supply of Barrington Homes For Sale at Five Year Low

Home 141. Real Estate: Months Supply of Barrington Homes For Sale at Five Year Low

The months supply of homes for sale, otherwise known as “absorption rate” in Barrington is at a five year low. Today it would take 8.6 months to clear all of the current inventory of active homes for sale in Barrington.

Months Supply of Barrington Homes at a 5 Year Low
Months Supply of Barrington Homes at a 5 Year Low

Compare that to October 2009, when the months supply of homes for sale stood at 23.9 months!

Barrington Months Supply of Inventory - Graph Prepared by Jim Luby of The Luby Group
Barrington Months Supply of Inventory – Graph Prepared by Jim Luby of The Luby Group

Inventory is scarce and that continues to translate into a steady rise in property values. We are seeing homes sell quickly if they show well are they are priced right. If you have been considering a move, now might be the right time to sell.

Months Supply of Barrington Homes at a 5 Year Low
Months Supply of Barrington Homes at a 5 Year Low

If you’re curious to know what your home might sell for today, CLICK HERE and we’ll send you a FREE market report specific to your property.

Post 300 - Luby Group Logo copyAnd if you’d like to take a look inside Barrington homes currently on the market there are seven properties with open houses scheduled for this Sunday, May 25th.

You can also give us a call and we’ll email you a list of properties for sale based on your ideal search criteria.  Our direct phone number is 847-691-3150.

We are a family team of experienced Realtors including Suzanne Luby, Jim Luby and Liz Luby Chepell.  We call our crew The Luby Group and we have some exciting new online offerings in the works to help anyone interested in buying or selling a home in Barrington so stay tuned!

You’ll find listing details for this Sunday’s open houses below.  Click on the property address for additional photos and more information about each property.  Because the open house times vary, we’re starting with a short list by time.  Have a great holiday weekend and happy house hunting!

11 a.m. to 2 p.m.
1111 Jonathan Drive in Inverness

12 p.m. to 2 p.m.
1587 Bedington Drive in Inverness

12 p.m. to 3 p.m.

306 Dundee in Barrington

1 p.m. to 4 p.m.
90 Hunt Trail in Lake Barrington
248 W. Lincoln Ave. in Barrington
200 S. Ela Road in Barrington
754 W Oak Hill Rd Unit 487 in Lake Barrington

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