Real Estate in Barrington & The Northwest Suburbs: Short Sales and Foreclosure Homes In Barrington Hills Illinois

Short Sales and Foreclosure Homes In Barrington Hills Illinois

Short Sales and Foreclosure Homes In Barrington Hills Illinois

Barrington Hills Illinois is home to many luxury properties. With a median for sale price of $1,450,000 you might wonder if Barrington Hills has any foreclosures or short sale homes. The answer is yes but not very many.

In the last 12 months there have 27 single family homes sold with prices from $315,000 to $6,400,000. Of these 27 sales there were 5 short sales and 5 foreclosures. The average marketing time for the foreclosures was 59 days. At what price were these sales?

$315,000 - $330,000 - $360,000 - $575,000 - $727,000 were foreclosure sales.
$420,000 - $500,000 - $505,000 - $800,000 - $1,300,000 were short sales.

Opportunity does exist to buy a short sale or foreclosure home in Barrington Hills but your choice is going to be limited. With over 130 single family homes for sale and only 1 current short sale listed and 2 bank owned listings you might want to consider other areas. If Barrington Hills is the place for you, lets look at all the listings, you might find that perfect house and a great deal.


Have you received a Notice of Default for your Barrington Hills home. Have you thought about what you are going to do? A short sale may be your best option. Contact me if you are considering a short sale. The sooner we start the better chance of a sale.

Call me today! 847-363-3686.

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Corinne Guest

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Realtor & Managing Broker
Royal Advocate Realty, Barrington

Call today 847-363-3686 for real estate and relocation service.

Real Estate in Barrington and The Northwest Suburbs

A Discussion For Home Sellers


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Comments

See, what I like about THIS report (and you know Im not a huge fan of market reports) is that you provide DATA and not just hte number of sales in the area. I think thats important when providing the market data. They other good thing that I see is you do not have 10 reports with just COPY and PASTE. It makes this report unique and useful.

Posted by John Cannata - Supreme Lending Texas Home Loan Originator (214-728-0449 http://TexasLoanGuy.com) over 1 year ago

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