One of Southeast Texas's most popular neighborhood continues to be Barrington Heights.  With its excellent location, a selection of homes built by the areas top home builders, and outstanding school track, its no wonder that even in a less than stellar real estate market Barrington Heights is still a popular place to buy a home in Southeast Texas. 

Take a look at these key market trends in Barrington Heights.

As of today there have been 19 homes that have sold in Barrington Heights this year.  Sellers have averaged close to their asking price in all but a few transactions.  One sale went for 83% of the original asking price after spending 175 days on the market but most sellers averaged 95% of their original asking price. 

Right now there are 14 homes for the prospective home buyer to choose from in Barrington.  That is higher than the norm.  It represents over a six month supply of homes for sale at the current time which is unusual for such a popular neighborhood.  Take into account that Southeast Texas as a whole has close to a 12 month supply of inventory, Barrington is still in better shape than most neighborhoods. 

As you might expect the older homes in the neighborhood sell for less than the new construction or homes that are less than 5 years old.  For a newer home plan on an asking price over $110/SF.  How much negotiation room is in that asking price is hard to say.  Last year homes in Barrington would never have sold for less than $100/SF but so far this year there have been several. 

If you are looking to move and you want to find a home in one of Southeast Texas's most popular neighborhoods you are in luck. Its a great time to buy a home in Barrington Heights.