What is the sales to list ratio for Barrington?

Prakriti
Home Buyer
Des Plaines, IL

Answers (3)
Chuck Jacobs
Agent
Barrington, IL

The sales price to list price ratio has been 91% over the last 12 months in Barrington. Keep in mind that this is just an average. Many buyers are only judging how good of a deal they got based on how much they are able to negotiate off of list price, but this is a flawed strategy since there's no assurance that the house was over priced or underpriced.

We've seen a number of buyers who have happily overpaid for their home only based on how much they got off of list price, while others have passed up great, great deals, just because the home's list price was already a fantastic deal.

Work with an agent who is an expert in the market you are looking in so you know exactly how good of a deal you are or are not getting.

Expect a good deal, negotiate hard and judge the quality of your deal based on market value...not list price.

Sun Jun 28 2009, 22:11
Bob Brandt
Broker
Schaumburg, IL

The Realtor MLS shows that over the last 12 months it has been 91% for detached, 93% for attached and 83% for vacant land. I grew up in Barrington and have been selling homes here for 25 years. How else may I help?

Web Reference: http://www.realtybob.com
Sun Jun 28 2009, 12:01
Kathy Diegel
Agent
60089
FIRST ANSWER

Hi Prakriti,

I would be happy to give you that information. Is there a specific price range you are inquiring about or do you want all sales in Barrington. Also for what time frame.

Kathy Diegel
Coldwell Banker
Kathy.Diegel@cbexchange.com
847-707-8907

Sun Jun 28 2009, 10:52

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