Things to Do

Real Estate | Home Prices, Homecoming & Why We #ChooseBarrington

Real Estate | Home Prices, Homecoming & Why We #ChooseBarrington

Home Newsroom Real Estate | Home Prices, Homecoming & Why We #ChooseBarrington

As we kick off Homecoming weekend in Barrington, I’m wrapping up a review of our local real estate market trends and find myself reflecting on the reasons why WE chose to move to Barrington. This weird thing happens whenever I spend a while staring at Midwest Real Estate Data (MRED) statistics. I usually get a song stuck in my head and, this time, it’s Small Town, John Cougar Mellencamp’s classic ode to the place he calls home. Push play and turn it up before you read on…

While Barrington’s not a small town in quite the same way as Mellencamp’s, the lyrics capture a little of why we all live here, right? Especially on Homecoming weekend…

No I cannot forget where it is that I come from
I cannot forget the people who love me
Yeah, I can be myself here in this small town
And people let me be just what I want to be

About 32 miles northwest of Chicago, the Barrington area is home to over 44,000 residents spread over 90 square miles. It’s a one-of-a-kind community in Chicagoland because it’s made up of seven villages offering a unique mix of options for living.

Want a home with historic charm or a commuter’s choice condo walking distance to downtown? We’ve got it! Want space to spread out with an acre (or 5-plus) zoned for horses? Check ✅. What about a golf course community, lakefront living or a forest preserve and equestrian trails right out your back door? Yes, yes and yes! The Barrington area offers something for everyone.

A downtown Metra Station, easy access to O’Hare airport, Top ranked schools, an abundance of shopping, restaurants, cultural and outdoor activities round out the reasons buyers choose Barrington. Education, neighbors, family, friends, faith, fun and the spirit of community. It’s the package that led us to Barrington and we’d do it over and over and over again in any real estate market. Wouldn’t you? Now for the numbers…

Here’s how things shaped up in the Barrington area at the end of August, 2018 compared to August, 2017. Here we’re considering Detached Single-Family homes & ACTUAL MONTHLY DATA.

  • New Barrington area listings (Detached Single-Family) were up +20.2% from August, 2017
  • The quantity of closed sales (Detached Single-Family) in August down -25.7% from August, 2017
  • Median sales price (Detached Single-Family) was down -12.7% compared to August, 2017 (See below)

How we see it?

The increase in new listing activity is a positive. More new homes for sale means more choices for buyers and more buyers entering the market. Over time, it also means more competition for sellers which can put downward pressure on prices. In an an article published this week Realtor.com Chief Economist Danielle Hale said, “The signs are pointing to a market that’s shifting toward buyers… But in most places, we’re still a long way from a full reversal.”

Today, what you’ll also find in Barrington is tremendous opportunity and VALUE  in terms of the available home for sale.

Here’s a look at the how the Detached Single Family Home Median Sales Price looked this August. Here we’re considering the PREVIOUS 12 MONTH PERIOD through the end of August compared to the same snapshot from August of 2017.

  • Entire Barrington Area
    $485,000 | Down -6.6% from August, 2017
  • South Barrington
    $750,000 | Up +3.4% from August, 2017
  • Barrington Hills
    $695,00 | Down -3.5% from August, 2017
  • North Barrington
    $537,450 | Down -2.3% from August, 2017
  • Deer Park
    $510,000 | Down -2.9% from August, 2017
  • Lake Barrington
    $499,500 | Down -2.9% from August, 2017
  • Village of Barrington
    $434,500 | Down -7.6% from August, 2017
  • Tower Lakes
    $368,750 | Down -18.1% from August, 2017

(If you’re viewing this on your phone, turn to side for full view of graphs.)

Though the Federal Reserve hiked interest rates Wednesday for the third time this year, National Association of Realtors Chief Economist, Lawrence Yun says he doesn’t foresee a significant decline in buyer activity.

“We have two opposing factors affecting the market: the negative impact of rising mortgage rates and the positive impact of continued job creation,” Yun says. “This should lead to future homes sales staying fairly neutral.

We can all play a part in spreading the word about what makes Barrington a great place to live. Tell your friends elsewhere in Chicagoland to COME AND SEE everything this community has to offer! Share your local lifestyle photos on social media with (hashtag) #365Barrington or #ChooseBarrington and we’ll add them to our daily collection at 365Barrington.com.

And if you’re interested in a closer look at homes for sale in Barrington today, give me a call/text at 847-691-3150 or email Liz@365Barrington.com. I’m a long-time local Realtor working with my family, The Luby Group, and the @Properties office here in Barrington.

Want to start looking this weekend? There are over 40 open houses sheduled in the Barrington area. See below for the list, tell them Liz Luby Chepell sent you and contact me next week for a more detailed look at the homes in your target area and price range. In the meantime, happy hunting, happy Homecoming and hope to see you around our “small town” soon!

$250,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,596
SQFT
700 Shoreline Road #A
Lake Barrington, IL 60010
Lake Barrington Shores Subdivision
Open House 07/11 at 10AM
Please verify times due to COVID-19
$199,999
Single Family Home For Sale
Price Change
4
BED
2
TOTAL BATHS
792
SQFT
636 North Hough Street
Barrington, IL 60010
Roslyn Meadows Subdivision
Open House 07/12 at 1PM
Please verify times due to COVID-19
$609,900
Single Family Home For Sale
Price Change
5
BED
4
TOTAL BATHS
3,787
SQFT
489 West Hillside Avenue
Barrington, IL 60010
Westwood Subdivision
Open House 07/11 at 10AM
Please verify times due to COVID-19
$459,750
Single Family Home For Sale
Price Change
5
BED
3
TOTAL BATHS
2,936
SQFT
20 Rivers Bend Court
Lake Barrington, IL 60010
 
Open House 07/11 at 10AM
Please verify times due to COVID-19
$594,800
Single Family Home For Sale
Price Change
4
BED
5
TOTAL BATHS
3,626
SQFT
28556 Kelsey Point Court
Barrington, IL 60010
 
Open House 07/12 at 12PM
Please verify times due to COVID-19
$729,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
4,256
SQFT
23338 North Chesapeake Drive
Lake Barrington, IL 60010
Chesapeake Subdivision
Open House 07/11 at 12PM
Please verify times due to COVID-19
$479,900
Single Family Home For Sale
Active
4
BED
2
TOTAL BATHS
2,150
SQFT
512 South Grove Avenue
Barrington, IL 60010
Barrington Village Subdivision
Open House 07/11 at 10AM
Please verify times due to COVID-19
$1,299,500
Single Family Home For Sale
Active
4
BED
6
TOTAL BATHS
5,221
SQFT
8 Rainier Circle
South Barrington, IL 60010
The Woods of South Barrington Subdivision
Open House 07/11 at 1PM
Please verify times due to COVID-19
$364,900
Single Family Home For Sale
Active
5
BED
5
TOTAL BATHS
2,072
SQFT
300 Kimberly Road
North Barrington, IL 60010
Biltmore Subdivision
Open House 07/11 at 12PM
Please verify times due to COVID-19
$798,900
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
4,203
SQFT
51 Whitetail Lane
Barrington, IL 60010
 
Open House 07/12 at 1PM
Please verify times due to COVID-19
$244,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,314
SQFT
345 North Woodview Road #B
Lake Barrington, IL 60010
Lake Barrington Shores Subdivision
Open House 07/11 at 1PM
Please verify times due to COVID-19
$799,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
6,418
SQFT
100 Arboretum Drive
North Barrington, IL 60010
Arboretum Subdivision
Open House 07/12 at 1PM
Please verify times due to COVID-19
$224,600
Condo For Sale
Active
2
BED
3
TOTAL BATHS
1,800
SQFT
600 West Russell Street #309
Barrington, IL 60010
 
Open House 07/12 at 1PM
Please verify times due to COVID-19
$850,000
Single Family Home For Sale
Active
5
BED
7
TOTAL BATHS
8,368
SQFT
20 Hidden Brook Drive
North Barrington, IL 60010
Wynstone Subdivision
Open House 07/12 at 1PM
Please verify times due to COVID-19
$575,000
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
3,592
SQFT
813 Stone Canyon Circle
Inverness, IL 60010
Weatherstone Subdivision
Open House 07/12 at 1PM
Please verify times due to COVID-19
$265,000
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
1,024
SQFT
232 Tower Road
Barrington, IL 60010
Barrington Village Subdivision
Open House 07/11 at 12PM
Please verify times due to COVID-19
$1,895,000
Single Family Home For Sale
Active
4
BED
8
TOTAL BATHS
6,632
SQFT
10 Oak Lake Drive
Barrington Hills, IL 60010
 
Open House 07/12 at 2PM
Please verify times due to COVID-19
$469,850
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
2,083
SQFT
738 Derby Lane
Barrington, IL 60010
Roslyn Meadows Subdivision
Open House 07/11 at 10AM
Please verify times due to COVID-19
$1,995,000
Single Family Home For Sale
Active
6
BED
8
TOTAL BATHS
7,800
SQFT
213 North Signal Hill Road
North Barrington, IL 60010
Biltmore Subdivision
Open House 07/11 at 1PM
Please verify times due to COVID-19
$599,000
Single Family Home For Sale
New
4
BED
4
TOTAL BATHS
3,000
SQFT
26669 West Taylor Street
Barrington, IL 60010
 
Open House 07/12 at 2PM
Please verify times due to COVID-19
$745,000
Single Family Home For Sale
Active
4
BED
5
TOTAL BATHS
4,861
SQFT
1614 Guthrie Circle
Inverness, IL 60010
Inverness Hills Subdivision
Open House 07/11 at 10AM
Please verify times due to COVID-19
$599,900
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,688
SQFT
20035 North Wallingford Lane
Deer Park, IL 60010
Hartz Farm Estate Subdivision
Open House 07/19 at 1PM
Please verify times due to COVID-19
$1,450,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
6,212
SQFT
1 Kensington Drive
North Barrington, IL 60010
Wynstone Subdivision
Open House 07/12 at 12PM
Please verify times due to COVID-19
$725,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,495
SQFT
1025 Oakland Drive
Barrington, IL 60010
Lakeview Subdivision
Open House 07/11 at 10AM
Please verify times due to COVID-19
$539,900
Single Family Home For Sale
New
4
BED
3
TOTAL BATHS
2,906
SQFT
150 Redwood Lane
Barrington, IL 60010
Tall Trees Subdivision
Open House 07/12 at 2PM
Please verify times due to COVID-19
$539,850
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
2,453
SQFT
736 Derby Lane
Barrington, IL 60010
Roslyn Meadows Subdivision
Open House 07/11 at 10AM
Please verify times due to COVID-19
$465,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
2,446
SQFT
532 West Merri Oaks Road
Barrington Hills, IL 60010
 
Open House 07/12 at 1AM
Please verify times due to COVID-19
$449,900
Condo For Sale
Active
5
BED
5
TOTAL BATHS
3,685
SQFT
428 Valley View Road
Lake Barrington, IL 60010
Lake Barrington Shores Subdivision
Open House 07/11 at 11AM
Please verify times due to COVID-19
$425,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,728
SQFT
101 Tudor Drive
Barrington, IL 60010
Wyngate Subdivision
Open House 07/12 at 11AM
Please verify times due to COVID-19
$405,000
Single Family Home For Sale
New
3
BED
2
TOTAL BATHS
2,439
SQFT
20970 North Exmoor Avenue
Barrington, IL 60010
 
Open House 07/11 at 10AM
Please verify times due to COVID-19
$895,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
4,176
SQFT
1305 Lake Shore Drive
Barrington, IL 60010
Fox Point Subdivision
Open House 07/11 at 12PM
Please verify times due to COVID-19
$255,000
Townhouse For Sale
New
2
BED
3
TOTAL BATHS
2,141
SQFT
4823 Turnberry Drive
Hoffman Estates, IL 60010
 
Open House 07/12 at 1PM
Please verify times due to COVID-19
$210,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,346
SQFT
230 Shoreline Road #B
Lake Barrington, IL 60010
Lake Barrington Shores Subdivision
Open House 07/11 at 10AM
Please verify times due to COVID-19
$543,510
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
3,923
SQFT
37 Braeburn Lane
Barrington Hills, IL 60010
 
Open House 07/12 at 1PM
Please verify times due to COVID-19
$899,000
Single Family Home For Sale
Active
5
BED
5
TOTAL BATHS
5,811
SQFT
117 West North Wynstone Drive
North Barrington, IL 60010
Wynstone Subdivision
Open House 07/12 at 2PM
Please verify times due to COVID-19
$635,907
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
2,453
SQFT
735 Derby Lane
Barrington, IL 60010
Roslyn Meadows Subdivision
Open House 07/12 at 1PM
Please verify times due to COVID-19
$825,000
Single Family Home For Sale
Active
5
BED
5
TOTAL BATHS
4,200
SQFT
23279 Coyote Trail
Lake Barrington, IL 60010
Enclave of Heritage Estates Subdivision
Open House 07/11 at 12PM
Please verify times due to COVID-19
$445,000
Single Family Home For Sale
Price Change
3
BED
3
TOTAL BATHS
2,500
SQFT
352 Windsor Lane
Inverness, IL 60010
 
Open House 07/19 at 1PM
Please verify times due to COVID-19
$915,000
Single Family Home For Sale
Active
5
BED
5
TOTAL BATHS
3,264
SQFT
711 Prairie Avenue
Barrington, IL 60010
Barrington Village Subdivision
Open House 07/11 at 10AM
Please verify times due to COVID-19
$659,900
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
4,386
SQFT
25489 North Cayuga Trail
Lake Barrington, IL 60010
Farm Trails Subdivision
Open House 07/11 at 12PM
Please verify times due to COVID-19
$379,900
Single Family Home For Sale
Price Change
3
BED
3
TOTAL BATHS
1,700
SQFT
725 Dundee Avenue
Barrington, IL 60010
Barrington Village Subdivision
Open House 07/11 at 12PM
Please verify times due to COVID-19
$533,000
Single Family Home For Sale
Price Change
4
BED
4
TOTAL BATHS
2,941
SQFT
25572 North Tuscarora Court
Lake Barrington, IL 60010
Farm Trails Subdivision
Open House 07/18 at 1PM
Please verify times due to COVID-19
$1,149,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
7,002
SQFT
2 Wind Ridge Road
South Barrington, IL 60010
 
Open House 07/12 at 1PM
Please verify times due to COVID-19
$1,295,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
5,001
SQFT
119 West Hillside Avenue
Barrington, IL 60010
Barrington Village Subdivision
Open House 07/11 at 10AM
Please verify times due to COVID-19
$319,900
Townhouse For Sale
Active
2
BED
4
TOTAL BATHS
1,879
SQFT
235 North Thornhill Lane
Barrington, IL 60010
Lake Barrington Shores Subdivision
Open House 07/12 at 1PM
Please verify times due to COVID-19
$315,000
Townhouse For Sale
Active
3
BED
4
TOTAL BATHS
2,327
SQFT
768 Golf Court
Lake Barrington, IL 60010
Lake Barrington Shores Subdivision
Open House 07/11 at 10AM
Please verify times due to COVID-19
$785,000
Single Family Home For Sale
Price Change
3
BED
3
TOTAL BATHS
787-791 Sanday Lane
Inverness, IL 60010
Harrow Gate Subdivision
Open House 07/11 at 10AM
Please verify times due to COVID-19
$939,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
3,970
SQFT
801 South Grove Avenue
Barrington, IL 60010
 
Open House 07/11 at 10AM
Please verify times due to COVID-19
$449,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,616
SQFT
33 Ferndale Road
Deer Park, IL 60010
 
Open House 07/12 at 1PM
Please verify times due to COVID-19
$639,900
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
4,220
SQFT
20331 Ela Road
Deer Park, IL 60010
 
Open House 07/11 at 4PM
Please verify times due to COVID-19
$339,900
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,505
SQFT
831 South Hough Street
Barrington, IL 60010
 
Open House 07/12 at 2PM
Please verify times due to COVID-19
$549,850
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
2,453
SQFT
740 Derby Lane
Barrington, IL 60010
Roslyn Meadows Subdivision
Open House 07/11 at 12PM
Please verify times due to COVID-19
$344,000
Single Family Home For Sale
New
3
BED
2
TOTAL BATHS
119 Waverly Road
Barrington, IL 60010
 
Open House 07/12 at 1PM
Please verify times due to COVID-19
$398,500
Townhouse For Sale
Active
3
BED
4
TOTAL BATHS
3,116
SQFT
864 Oak Hill Road
Lake Barrington, IL 60010
Lake Barrington Shores Subdivision
Open House 07/12 at 2PM
Please verify times due to COVID-19
$599,650
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
2,453
SQFT
733 Derby Lane
Barrington, IL 60010
Roslyn Meadows Subdivision
Open House 07/11 at 10AM
Please verify times due to COVID-19
$600,000
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,440
SQFT
819 Dormy Lane
Barrington Hills, IL 60010
Paganica Subdivision
Open House 07/11 at 10AM
Please verify times due to COVID-19
$1,150,000
Single Family Home For Sale
Active
5
BED
5
TOTAL BATHS
6,887
SQFT
28095 Gray Barn Lane
Lake Barrington, IL 60010
Heritage Estates Subdivision
Open House 07/12 at 12PM
Please verify times due to COVID-19
$995,000
Single Family Home For Sale
Active
6
BED
7
TOTAL BATHS
8,000
SQFT
695 Dunbarton Drive
Inverness, IL 60010
Braymore Hills Subdivision
Open House 07/11 at 12PM
Please verify times due to COVID-19
$355,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,460
SQFT
143 North Hager Avenue
Barrington, IL 60010
Barrington Village Subdivision
Open House 07/12 at 1PM
Please verify times due to COVID-19
$459,000
Townhouse For Sale
Price Change
2
BED
3
TOTAL BATHS
2,789
SQFT
600 Stone Canyon Circle
Inverness, IL 60010
Weatherstone Subdivision

There are no comments yet.

Leave a Reply

Your email address will not be published. Required fields are marked *

Luby Group Listings

$250,000
3
BED
2
TOTAL BATHS
1,596
SQFT
700 Shoreline Road #A Lake Barrington, IL 60010
Condo For Sale
- Active

Best unfettered view of Golf Course! Massive over-sized two car garage with extra attic storage! (A real bonus in the Carmel model). Walls have been removed to create an open flowing floor plan with updated kitchen, eating area with granite counter t

$519,000
3
BED
5
TOTAL BATHS
4,350
SQFT
126 Waterview Court Lake Barrington, IL 60010
Townhouse For Sale
- Active

BEAUTIFULLY remodeled Augusta unit with the best golf course location in Lake Barrington Shores, enjoy open views of the 12th fairway and water views over large pond! This home has been tastefully updated with so much to mention. Let's start in the k

$660,000
5
BED
4
TOTAL BATHS
3,629
SQFT
1 Burning Oak Trail Barrington Hills, IL 60010
Single Family Home For Sale
- Active

Stunning home on 2.6 acre wooded lot with private pond and creek! Gleaming hardwood flooring throughout most of first floor. Gourmet kitchen with center island and adjacent hearth room with cozy fireplace are the hub of every day living. Great room f

$330,000
COOK
COUNTY
113 South Cook Street Barrington, IL 60010
Commercial For Sale
- Active

Retail storefront in prime pedestrian location in downtown Barrington surrounded by Village shopping, restaurants, and steps to the Metra train station. Great opportunity to own a high visibility space, currently vacant, ready for you to move in and

Newsletter