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Market Trends & Statistics
Welcome > For Buyers > Market Trends & Statistics ...

Barrington Area - Single Family Homes - 2007*

Month

 # Listings
For Sale

# Listings
Under Contract

# Listings
That Sold

# New
Listings

 Median
Sold Price

 Oct-07

 650

 32

 20

 108

 $622,500

 Sept-07

 626

 24

 28

 85

 $595,000

Aug-07

 638

 27

 46

 85

 $760,000

 Jul-07

 664

 34

 40

 112

 $682,500

 Jun-07

 653

 40

 48

 130

 $645,000

 May-07

 606

 37

 39

 132

 $672,500

 Apr-07

 590

 44

 28

 150

 $540,500

 Mar-07

 534

 42

 35

 113

 $619,500

 Feb-07

 488

 35

 21

 84

 $600,000

 Jan-07

 482

 30

 25

 85

 $607,500

*The Luby Group's Statistics are Based on MLSNI Transactions

Barrington - 2007*
Month Units Sold Median Sold Price Min Sold Price Max Sold Price Total Volume
Jan 30 $562,500 $208,550 $1,650,000 $19,874,142
Feb 28 $556,500 $176,500 $1,350,000 $16,748,900
Mar 47 $493,000 $183,700 $1,200,000 $27,012,203
April 37 $496,000 $224,000 $1,525,000 $21,340,825
May 49 $585,000 $176,500 $1,875,000 $33,956,423
June 58 $607,500 $195,003 $2,495,000 $38,358,253
July 48 $618,000 $178,000 $3,050,000 $35,586,967
Aug 51 $670,000 $195,000 $2,900,000 $40,126,000
Sept 33 $525,000 $230,000 $1,299,000 $21,267,900
Oct 27 $445,000 $185,000 $1,700,000 $15,353,587
     
TOTAL 408 $579,500 $176,500 $3,050,000 $269,625,200
Barrington - 2006*
Month Units Sold Median Sold Price Min Sold Price Max Sold Price Total Volume
Jan 39 $638,000 $137,000 $6,800,000 $31,626,900
Feb 34 $652,500 $205,000 $2,625,000 $25,353,000
Mar 55 $540,000 $166,000 $1,600,000 $32,188,303
April 49 $425,000 $194,500 $1,200,000 $26,190,662
May 60 $532,500 $177,000 $3,360,000 $41,119,823
June 100 $559,950 $177,500 $2,800,000 $66,830,900
July 55 $599,000 $153,903 $2,500,000 $36,789,336
Aug 82 $547,500 $173,000 $2,150,000 $50,354,624
Sept 39 $460,000 $248,500 $1,999,000 $23,485,651
Oct 42 $512,326 $169,000 $1,725,000 $24,062,660
Nov 47 $567,500 $138,000 $2,000,000 $32,226,532
Dec 56 $414,000 $172,000 $3,284,932 $33,903,528
 
TOTAL 657 $543,500 $137,000 $6,800,000 $424,131,919
Barrington - 2005*
Month Units Sold Median Sold Price Min Sold Price Max Sold Price Total Volume
Jan 36 $495,000 $181,165 $2,845,625 $23,656,767
Feb 35 $536,000 $210,000 $1,640,000 $21,662,598
Mar 65 $419,000 $167,900 $3,800,000 $37,538,240
April 65 $550,000 $200,000 $2,790,000 $43,120,250
May 79 $500,000 $170,000 $2,400,000 $48,818,401
June 121 $599,000 $174,900 $2,750,000 $90,104,637
July 91 $545,000 $195,000 $2,400,000 $61,601,395
Aug 90 $471,500 $185,000 $3,150,000 $54,777,750
Sept 98 $487,750 $144,900 $2,496,060 $54,402,872
Oct 62 $484,750 $136,000 $2,850,000 $39,745,605
Nov 71 $440,000 $153,000 $2,100,000 $38,173,950
Dec 43 $522,000 $166,000 $1,900,000 $26,159,275
         
TOTAL 856 $513,250 $136,000 $3,800,000 $539,761,740
*The Luby Group's Statistics are Based on Closed MLS Transactions

 

 

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Real Estate Tips
Selling Your Home >Why Is It Not Selling

If you are selling your home and it has been on the market for several months, you might start to wonder why it just isn't moving. How can you introduce some extra energy into the sale?

The first thing you should do is have a frank talk with your real estate agent in order to get feedback from prospective buyers who have seen your home, and other agents who have shown it. Does your home look its best? Is it accessible for agents to show on short notice? Is the price in line with the rest of the market? Do you need to consider neutralizing any strong decorating features that may not have wide appeal?

Getting your home sold is a collaborative effort between you and your real estate agent. It is important for your agent to market your property aggressively, but you must do your part to ensure that buyers see a home that is as appealing as it can be. Ask your agent for any new ideas that will create results.

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Real Estate Trivia
Q 
What is considered one of the slimmest buildings ever designed?

A 
The Carnegie Hall Tower, designed by Cesar Pelli, is only 50 feet wide and 60 stories high.
See More Real Estate Trivia >


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The Luby Group, REALTOR®, real estate agent and broker for Chicago Northwest Suburbs, Barrington, Inverness and Palatine, Illinois home listings, property and land for sale - NUMBER1EXPERT

The Luby Group - Suzanne & Liz Luby - IL Licensees
Coldwell Banker

530 North Hough Street
Suite 180
Barrington, IL 60010
Suzanne: 847-922-7773
Liz: 847-691-3150
Office: 847-277-2777
Fax: 847-382-4990
Luby@TheLubyGroup.com

Suzanne and Liz Luby begin each client relationship with a simple commitment to superior service. With more than twenty years of experience in the Barrington, Inverness and Chicago Northwest Suburban markets, Suzanne and Liz Luby offer home buyers and sellers expert real estate guidance based on the highest professional and ethical standards. The Lubys believe their business is about building lasting relationships through communication, trust, knowledge and expertise. Their team approach has consistently ranked them among the top 100 of Coldwell Bankers’ Chicagoland agents, and top 1% nationally.

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