North Barrington Luxury Homes – Market Report and Sales Success in 2011

North Barrington luxury homes includes the Wynstone gated golf course community, but I have reported the  sales success for Wynstone  under it’s own review. Other North Barrington luxury homes can be found in Grassmere Farms, Biltmore and Oaksbury. North Barrington also has lower priced homes with prices starting at $200,000 for the smallest homes and often the distressed ones, going all the way up to $2,600,000. Many of the higher priced North Barrington luxury homes will be found in Wynstone.

Waterfront North Barrington luxury homes

So how well did homes in North Barrington sell in 2011?

Given the broad range of pricing, comparing the high end to the low end is pointless. However there are always averages. As the median sales price in North Barrington was $625,00 for 2011 I am going to look at sales above that price for this report.

24 homes sold with an average sales price of $910,229  at 87% of asking price. The average marketing time for the homes above $625,000 was 419 days. Four and five bedroom homes make up 23 of the home sales.

The highest sale was for $1,401,360 which interestingly was a short sale in Wynstone. The short sale was pre-approved so the buyer closed his cash sale in just over one month.

Waterfront North Barrington Luxury Homes

Waterfront homes are available in North Barrington with Honey Lake in Biltmore being a prominent lake just to the east of Biltmore Country Club. If you would like a list of luxury homes in North Barrington let me know, I’ll get one to you in a jiffy. If you would like a list of either short sale or foreclosed opportunities, an emailis all I need. For now here are some of North Barrington’s finest homes for sale.

Showing properties 1 - 6 of 6. See more city of North Barrington real estate.
(all data current as of 5/18/2012)

  1. 5 beds, 5 full, 2 part baths
    Home size: 9,883 sq ft
    Lot size: 5.00 ac
    Year built: 2006
    Parking spots: 3
    Days on market: 36
    Walk Score®: 8
    Broker reciprocity icon
  2. 6 beds, 7 full, 1 part baths
    Home size: 11,500 sq ft
    Year built: 2004
    Parking spots: 4
    Days on market: 63
    Walk Score®: 14
    Broker reciprocity icon
  3. 6 beds, 6 full, 1 part baths
    Home size: 7,198 sq ft
    Lot size: 1.08 ac
    Year built: 2001
    Parking spots: 3
    Days on market: 112
    Walk Score®: 5
    Broker reciprocity icon
  4. 5 beds, 5 full, 3 part baths
    Home size: 7,833 sq ft
    Lot size: 1.45 ac
    Year built: 1994
    Parking spots: 4
    Days on market: 193
    Walk Score®: 15
    Broker reciprocity icon
  5. 5 beds, 5 full, 1 part baths
    Lot size: 1.30 ac
    Parking spots: 4
    Days on market: 297
    Walk Score®: 12
    Broker reciprocity icon
  6. 5 beds, 5 full, 2 part baths
    Home size: 6,730 sq ft
    Lot size: 1.90 ac
    Year built: 1999
    Parking spots: 4
    Days on market: 639
    Walk Score®: 22
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

Related posts:

  1. What’s Selling in Wynstone North Barrington – A Year End Review 2011
  2. South Barrington Real Estate – 2011 Year End Review
  3. North Barrington Homes-Market Report Year to Date-Dec 2010-Real Estate in Barrington
  4. Wynstone Real Estate North Barrington – 1st Quarter 2011 Market Report
  5. Why Are There So Many Homes For Sale In Wynstone North Barrington?