Inventory levels have held steady for the last few weeks. Sales are taking place at a strong pace, which is roughly the same pace that new properties are hitting the market. There are currently 31 Single Family Properties actively listed “for sale” on the market in Barrington. Buyer demand continues to remain very high with interest rates running at historically low numbers. The market is definitely strong for sellers but ironically feels safe for buyers too as they can take comfort in low payments and strong affordability with the loan terms available.
- 17 of the 31 properties currently in Active / Available “For Sale” Status are listed at or above $999,000.
- This leaves only 14 properties available across the entire town for less than $1,000,000.
- The median price point across these 14 properties is $579,500 and $260 per square foot of living space.
The first category below $1,000,000 has just 6 properties between $600,00 and $1,000,000:
- 12 Broadview Drive: $925,000
- 640 County Road: $859,900
- 46 Alfred Drown Road: $849,000
- 3 Colley Court: $799,000
- 3 Fairview Circle: $750,000
- 467 Sowams Road: $687,100
There are 4 properties available in the $500,000’s:
- 15 Sylvester Street: $585,000
- 35 Priscilla Drive: $574,000
- 30 Bowden Avenue: $544,900
- 24 Bowden Avenue: $499,900
There are just 4 properties available under $499,000:
- 16 Maudsley Avenue: $474,900
- 7 High Street: $384,900
- 550 County Road: $379,000
- 244 Narragansett Avenue: $359,900
New properties to hit the market in the last 14 days
5 new properties have hit the market in the last two weeks and are still available. They are sorted below by their days on market.
- (1) 24 Bowden Avenue: $499,900
- (2) 244 Narragansett Avenue: $359,900
- (8) 640 County Road: $859,900
- (9) 7 High Street: $384,900
- (13) 3 Fairview Circle: $750,000
Properties that have gone under contract in the last 14 days
9 properties have gone under contract or pending in the last week. Here is the list of properties under contract / pending in the last week and their asking price at the time they went under contract:
Active / Under Contract with contingencies:
- 26 Hamilton Avenue: $339,000
- 2 Belton Circle: $479,000
- 550 Maple Avenue: $379,000
- 136 Lincoln Avenue: $578,000
- 93 Rumstick Road: $859,000
Pending:
- 38 Centennial Avenue: $429,000
- 215 Promenade Street: $399,900
- 20 Chapman Lane: $715,000
- 2 Fox Run Road: $920,000
Properties Sold “Closed” in the Last 14 Days
There were 17 properties closed / sold in Barrington over the last two weeks. Here is a list of Barrington properties “Closed” in the last 14 days and the price at which they were sold:
- 23 Chachapacasset Road: $199,900
- 44 Whipple Avenue: $236,000
- 131 Bay Spring Avenue: $275,000
- 93 Spring Avenue: $278,000
- 26 Prospect Street: $337,000
- 337 Sowams Road: $415,000
- 11 Plymouth Drive: $427,000
- 331 New Meadow Road: $440,000
- 4 Central Avenue: $449,000
- 11 Christine Drive: $450,000
- 2 Clover Lane: $460,000
- 5 Lafayette Road: $485,000
- 40 Fountain Avenue: $490,000
- 86 Princes Hill Avenue: $510,000
- 2 Bittersweet Court: $590,000
- 92 Governor Bradford Drive: $675,000
- 1 Sandy Point Road: $710,000
About Chart House Realtors
This market update is written by Matt Antonio, Team Leader for Chart House Realtors in Barrington, RI. Chart House is a Real Estate Sales Team working within the Keller Williams Realty system. We focus on providing a high level of service and detail representing buyers and sellers in all types of real estate transactions.
YTD, Chart House is currently the third-largest producer of sales in the East Bay, and the third largest producer of sales in Barrington. Chart House is also ranked among the top 1% in Rhode Island sales statewide. Keller Williams Realty, as a brand, is the largest volume producer for both dollars and units in the state of Rhode Island (YTD).