Lake Barrington Shores 2010 Year End Real Estate Market Report-Comparing Sales to 2009
Lake Barrington Shores is still very much a popular gated community in which to live, as it offers residents that lifestyle way of living. With the security, club house, organized outings, golf course and stunning views every day of the year, residents love it here.
So how did real estate fair in 2010 compared to 2009 in Lake Barrington Shores.
Let's look at 2009 first.
There were a total of 36 sales with closed prices from $135,000 to $480,000
The median price sold was $240,000
The average sales price was $255,124
The average marketing time was 253 days
The list to sales price ratio of all the homes sold was an average of 93% of final list price.
The list to sales price ratio of all the homes sold was an average of 88% of the original list price.
If you are in the market to buy view all the current listings for Lake Barrington Shores Homes in one place.
Now let's see how Lake Barrington real estate sales compared in 2010, it might give us a little insight into what to expect this year, 2011.
There were a total of 41 sales with closed prices from $150,000 to $450,000
The median price sold was $246,000
The average sales price was $254,920
The average marketing time was 195 days
The list to sales price ratio of all the homes sold was an average of 93% of final list price.
The list to sales price ratio of all the homes sold was an average of 85% of the original list price.
What are the changes in the Lake Barrington Shores real estate market from 2009 to 2010?
Sales are up by 2% - Not a noteable change.
Market times were down by 23% - This shows more confidence in our market.
Prices are holding steady, no real difference year over year.- Continue to price right and you'll get that sale.
If you are in the market to sell your Lake Barrington Shores home, contact the market expert and let me show you how I have the freedom to market your home to hundreds of Barrington buyers with no corporate advertising restrictions.
Corinne Guest
Real Estate in Barrington
Royal Advocate Realty
Info@CorinneGuest.com
(847) 363-3686
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Copyright 2011 Corinne Guest All Rights Reserved * Lake Barrington Shores 2010 Year End Real Estate Market Report-Comparing Sales to 2009
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Corinne Guest
Realtor & Managing Broker
Royal Advocate Realty, Barrington
Call today 847-363-3686 for real estate and relocation service.
Suburban Real Estate - Lake Zurich, Hawthorn Woods, Kildeer, Long Grove
