Nawaf Alsdairi

Nawaf Alsdairi - Saudi Arabia

BARRINGTON HORSE PROPERTY MARKET

If you are an owner of horse property, small or large, in Barrington, you might be curious about the market and how well properties are selling in 2013. If you are considering selling you must understand the market so that your expectations can be realistic. The purpose of this market report is to look at horse property sales in the Barrington area for the first 8 months of this year. I�ll revisit this at the end of the year, doing it monthly would not give valid insight into a small portion of the Barrington market. Oh and by the way, I will NOT be including properties sold that are zoned for horses unless that have barns, paddocks, stables, which will indicate the buyers either have horses or will be having them. So here goes.

Average Market Time For Barrington Horse Properties
This is very important to horse property sellers here in Barrington. There�s little point comparing your property to others in the area to give you an estimated time frame to achieve a sale. We must compare apples to apples, so let�s take a look at how many sales there have been this year so far and get the average marketing time for those.

There have been 10 horse property sales in the Barrington market so far this year.
One sale was a short sale, the remaining 9 were regular resales.
Prices sold ranged from $355,000 to $1,375,000.
Acreage sizes were 3.3 to 10.1 with 5 being the most common.
Ages of properties ranged from 1875 to 1979.
Average market time for these sales was 107 days.
Quickest sale was 5 days and longest 343 days.
Horse Properties Currently Under Contract

We�ve got 4 horse properties under contract, priced from $399,999 to $649,900. Hopefully by the year end these will be closed and we can add them to the next market report. Without any other sales this year it means on average there is only one a month.
Available Horse Property Choices on the Market

There are 26 available horse properties on the market at present. Prices range from $349,900 to $5,999,999. Most of the properties have 3 to 6 bedrooms, although one has only one bedroom.

View all horse properties for sale in the Barrington market.

Do you have a horse property in Barrington you would like to get on the market for sale? Call the expert at marketing them, Corinne Guest, 847-363-3686
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