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Lake Barrington Shores, IL Real Estate News

By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Lake Barrington Shores home sales in 2014 may have been less than 2013 but remain strong now the real estate market is back in full swing. Just to put it in perspective for you, here are the sales from the last 5 years: 2010: Units sold 40 2011 : Units sold 29 2012: Units sold 51 2013: Units sold 84 2014: Units sold 65 It may have felt like lake Barrington Shores sales were moving backwards and for 2014 compared to 2013 that was indeed the case. However if we look at the bigger picture, 65 sales in 2014 is still a recovered market compared to prior years when the real estate market was in the doldrums. Let's also look at the median sales prices and average sales prices for the same years. This may help us all understand if prices are rising, falling or remaining almost the same. 2010 Me...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Press Release dated December 9th 2014. - Corinne Guest, Managing Broker of Barrington Realty sells another Lake Barrington Shores waterfront condo. The sellers were moving out of state and entrusted the sale of their condo to Corinne Guest because she has a track record of sales in this gated community. The property was a three bedroom two bathroom main level condo with full finished basement and some nice upgrades. The list price was $215,000 and the unit sold at 100% of asking price. The average sale ratio for Lake Barrington Shores this year, 2014, is 95% of asking price. The buyers purchased the home using a conventional mortgage loan. The property sold in 86 days on market and closed a day early. Lake Barrington Shores Condo Sales Lake Barrington Shores sales in 2014 are down compa...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Townhouse For Rent in Lake Barrington Shores OverviewMapsPhotosDescription $1,900 Townhouse Main Features 2 Bedrooms2 Bathrooms1 Partial Bathroom1 UnitInterior: 1,500 sqft Location 1359 Oak Hill RdLake Barrington, IL 60010USA Corinne A Guest Barrington Realty Company(847) 3633686info@corinneguest.comhttp://realestateinbarrington.com        Listed by: Barrington Realty Company Nearby properties for sale
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Higher Priced Lake Barrington Townhomes are Selling! Lake Barrington Shores has homes now priced from as low as $100,000 to as high as $500,000. Prices are inching up again now the market has turned. Logic tells as that the lower priced units will be first to move and the domino effect means as the tiles tumble the middle prices will get moving followed by the higher priced at the end. Somewhere I think we skipped a bit of the process and moved right into the top end of pricing. Lake Barrington Shores is very popular again in the higher priced townhomes. They are selling and in record time too. Let's take a look at sales over $350,000 in the last six months. As you can see from this chart homes are selling within 2 months, the average is 33 days. Let's call it a month. The average list ...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Lake Barrington Shores is a gated community in Lake Barrington Illinois with 1317 condos and townhomes. The location is very pretty with a large lake and an 18 hole golf course. Not a dedicated active adult community it is considered by Barrington homeowners looking to downsize their large single family home to one that requires less maintenance and more time for personal pleasure activities or traveling. This Lake Barrington Shores video was created by Corinne guest, your local Barrington real estate agent. You can also view this Lake Barrington Shores video on You Tube. If you would like to search for available homes, we have all the current MLS listings on our LBS search page.
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Sold in 45 Days by Corinne Guest and Barrington Realty Company - 947 Shoreline, Lake Barrington Shores. Sold by Corinne Guest, Managing Broker of Barrington Realty Company.  947 Shoreline Rd, Lake Barrington Shores, an Augusta model end unit townhome with a stunning kitchen, relaxing renovated master bedroom and bathroom, with the best waterfront views in the complex. Sold in 45 days. Average over last 6 months is 184 days. Sold at 96.25% of asking price. Average is 95%. Staged by Corinne Guest of Barrington Realty Company for ZERO cost. Average home never gets staged. 3 Offers received. Likely this is 3 times the average! Presentation of your Lake Barrington Shores Townhomes Before listing your Lake Barrington Shores townhome you should take the time to prepare. It really doesn't take ...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
How's the real estate market in Lake Barrington Shores?  We know sellers want to know if it's the right time to sell and data can help them decide. So here goes. During the period January to March 2013 there were 16 homes sold with prices from $57,750 to $492,500. Three of the sales were foreclosures, there were no short sales, the remaining 13 were regular re-sales. I don't think I can ever remember sales in LBS below $100,000. Believe me the buyer that bought 228 Hickory Lane Unit A got a really good deal at $57,750. the next sale was at $101,000. It's also been a long time since we saw a sale over $400,000. The sale at $492,500 was of course an Augusta with a full walk out basement, one of the most popular models in the community and a lakefront location too. If you are looking for a...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Let's take a look at marketing your Lake Barrington Shores condos and town houses as part of our selling guide, and in case you've just joined us, take a few minutes to read our first article. Selling your Lake Barrington Shores Home - Part one. Selecting Your REALTOR®, preparing your home, pricing your property. I just wanted to re-iterate how many web site visitors we have had in the last six weeks looking just at homes in Lake Barrington Shores. As of February 13th I reviewed my web site data to establish how many visitors came, and how many returned. The total was a staggering 212 visitors of which 42% came back for a second or third view. Many of my competitors don't get that many visitors in a year, let alone six weeks for one neighborhood. Marketing Plan - What We do and How It B...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Lake Barrington Shores homeswere in greater demand last year than they have been in a while. Yet at the end of 2012 some condos and town homes remained unsold. So what can you do to achieve a sale this year if it's time to move out of Lake Barrington Shores? Choose an Active Lake Barrington REALTOR® In our business it is very common for an owner to call the agent that helped them buy the property, but are they the best choice for you now you want to sell? Before making a decision perhaps you should interview a few more and see how active they are in their business. Questions you might ask: Do you work full time, will I be able to reach you anytime? Are you local, how much do you know about the area? Do you attract buyers for this neighborhood? How do you attract buyers for my neighborho...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
I am looking after a town home in Lake Barrington Shores on behalf of an overseas client and yesterday it was time to pass the keys over to our new tenant. Well not really my tenant but I like to think I care as much about my clients property as my own. My husband and I went over on Saturday to make sure all was in good order for Monday. I removed my lock box and went through the courtyard and to my horror the triffids were back! The Day of the Triffids was a British horror movie made in 1962 based on a science fiction novel by John Wyndham. It's all about plants taking over the world, imagine that! Anyway my Triffids were thistles and they seemed bent on covering my clients courtyard flower bed. I returned yesterday with thick leather gloves and arrived early to make sure I had time to...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Lake Barrington Shores Rental - Beautifully Updated 2 Story Townhome on 12th Fairway Overview Maps Photos $1,800 Residential Rental Main Features 2 Bedrooms2 Bathrooms1 Partial Bathroom1 UnitInterior: 1,444 sqft Location 1359 Oak Hill RdLake Barrington, IL 60010USA To get updates on open home dates and other property events, please click the "Like" button below: Corinne Guest Royal Advocate Realty(847) 363-3686info@corinneguest.comhttp://realestateinbarrington.com     Listed by: Royal Advocate Realty Our recent listings Lake Barrington Shores Rental - Beautifully Updated 2 Story Townhome on 12th Fairway31677 Tallgrass Ct Lakemoor, Short Sale Town home now $93,000Unincorporated Barrington Horse PropertyLake Barrington Shores Essex Model Subscribe to our listing feed Nearby rentals
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Lake Barrington Shores Rentals are in extremely limited supply right now. A quick check of our MLS listings this morning there is only 1 condo for rent, one, that's all! Anyone interested in Lake Barrington Shores rentals needs to act really fast when one comes on the market, and I am sure there are Barrington Realtors with clients just ready to sign a lease. Photograph coming soon! As a property manager for a town-home in Lake Barrington Shores I have the inside scoop on a town-home that will be available in mid August 2012.  A two story end unit on the golf course this Lake Barrington Shores rental is a town home that has the following: 2 bedrooms upstairs with Brazilian Cherry floor. 2 full bathrooms upstairs fully updated. Living room with electric fireplace and carpet floor. Dining...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Lake Barrington Shores - Winning The Popularity Contest in 2012 This might seem like a funny title for a year end market report, but's it meant to help sellers understand that they have competition in Lake Barrington Shores in today's buyers market. At the end we'll look at some suggestions to help you win that popularity contest and sell 2012. My opinion is that 2011 was not really much better a year than 2010. In conversations with both consumers and fellow agents it seems a lot of folks are still waiting for a rubber ball bounce back. It isn't going to happen! Gains will be slow, very slow, and I am not sure when we are going to see the start.  Let's get back to Lake Barrington Shores. I did a little research over the weekend into which brokerages were selling the most units in Lake ...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
It's high time I published the third quarterly report for Lake Barrington Shores. We are more than half way through October and if I don't get it done today I might miss it completely. So here goes. Let's first take a look at rentals. If you recall last quarter I mentioned that rentals in Lake Barrington Shores were hot properties. At the time of writing last quarters end there were only 2 available. As of today there are now 10 available. That's still under average but at least there is a little more choice. Now for sales. It's exciting to see more sales in this past quarter than both the first or second. The graph below is showing sales and market times for this year. Sales up, market times coming down, all is good? Maybe, maybe not. We still have a lot of inventory to move in Lake Ba...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
It's been busy at the beginning of July and I am a little behind with my market reports, so let's get to Lake Barrington Shores Properties and see how we are doing. First let's look at rentals. Not something I do a lot of - out of choice - but I do have a unit available for rent from the first week in August once my buyer has closed the purchase. Lake Barrington Shores Properties has several condo associations and they all have different rules regarding renting units, most often you have to own and live in a unit for 1 to 2 years before a lease is permitted. Some allow pets, others not. Anyway suffice to say the rental market in Lake Barrington Shores right now is scorching hot. Currently there are 2 units available, yes 2. It was not uncommon to see 10 to 15 up for rent, so 2 gives you...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
154 Timber Ridge Lane Lake Barrington, IL 60010 Short Sale Golf Course Views Town Homes in LBS Home Photo Gallery Virtual Tour Property Map Payment Info Request Showing Contact Me Corinne Guest Direct:847-363-3686 Website:Visit Website Price : $300,000 Bedrooms : 3 Bathrooms : 3.5 Square Foot : 1,789 County : Lake Property Type : Detached Year Built : 1978 MLS Number : 07834861 click for more information and pictures Property Description Spacious 3 BR, 3.1 BA Essex Model. Family sized kitchen w/eat-in area.1st flr den/office.Private balcony off the Mstr BR.Lots of built in bookcases.4th bdrm/office in the WALKOUT Finished Lower Level.Great golf course views.Large private courtyard, grill stays2 car garage.All mechanical's 2 to 4 yrs old, kitchen appliances gleaming new this year.Home W...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
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 w...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Waterfront Townhomes and Condo Homes on Shoreline Road Lake Barrington Shores Where can you find condos and townhomes in Lake Barrington with a waterfront location? There is only one place to look. Shoreline Road in Lake Barrington Shores. Shoreline Road in Lake Barrington Shores gated community of condos and town homes is one of the longest roads in this gated community. As you enter the main gate and turn left you are on Shoreline Road. There are condos and townhomes on both sides of the road. On the right hand side you'll find the waterfront properties. What do condos and townhomes on Shoreline Road sell for and what's available now. Sales this year have ranged between $170,000 and $398,000. The lower end of this price range bought a 2 bed and 2 bath condo with a single car garage an...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Should You Upgrade Your Lake Barrington Shores Town Home to Sell or Let The Buyers Get a Deal and Do it Themselves? This is age old question that always has two answers. If you are a seller and have lived comfortably in your home for a number of years it's possible that you consider your Lake Barrington Shores Town-home is updated and does not need any upgrades. After all we are in a down market so why should you spend a lot of money just so you can get a fast sale. If you are the buyer you absolutely think that the Lake Barrington Shores Town-homes you are looking at to buy should be updated. After all it is a buyers market and therefore you can pick from the cream of the crop so to speak. So who is going to win the battle? If you are a seller how much are you going to reduce your aski...
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By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
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 cond...
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