Real Estate in Barrington & The Northwest Suburbs: Mid Year Market Update-Lake Barrington Shores For Sale-Sold

Mid Year Market Update-Lake Barrington Shores For Sale-Sold

With 6 months of the year behind us this market report on Lake Barrington Shores shows how well condos and town-homes in the gated community are selling. Lake Barrington Shores is a gated community of 1317 homes situated around the lake and a full golf course. Folks love to buy in Lake Barrington Shores because it is not just about the maintenance free homes it's more about the lifestyle. If you decide to look for a condo or townhome in Lake Barrington this might be just what you are looking for.

With the golf course, community center, club house, lake, walking paths, barbeque on the beach, tennis courts and more there is always something to do for all generations. Lake Barrington Shores condos, town-homes and duplexes are condominium ownership, which means you'll own your home plus a share of all the common areas. Lawn care, snow removal and exterior maintenance is included in your monthly assessment fee.

So how are sales so far in 2010?

With 22 sales, 3 of which are foreclosures we have 88% non distressed and 12% distressed in the first half of the year. There have been no short sales closed to date in 2010.

Current homes available in Lake Barrington Shores

There are 85 homes for sale, 96% of these are non distressed, only 4 are bank owned or short sales.

When buying in Lake Barrington Shores the buyer is responsible for a 3 month assessment fee to be paid as soon as possible after contracts agreed. There is also an application fee. After closing buyers will get a closing package from their association and will have an appointment with the office to go through everything a new owner needs to know. You'll get car transponders as well for access through the gates.

If you have children the schools are as follows:

• North Barrington Elementary School
• Barrington Middle School-Prairie Campus
• Barrington High School

Nearest train station if you are going to be commuting to Chicago is Fox River Grove, the parking is cheaper than Barrington. You can also use Fox River Grove for grocery shopping as there is a Dominicks there as well as a Post Office.

Call me to find your Lake Barrington Shores home. Corinne Guest 847.363.3686

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