There are currently 10 homes in South Barrington with contracts and 5 of those are dated 2013. That leaves only 41 homes available in South Barrington. If 2012 saw 56 sales, that equals 4.67 sales per month so we have 8-9 months of inventory. Simply the inventory could all be absorbed before the end of summer and many South Barrington buyers would be disappointed.
High Priced Home Market Still Soft
If your home price is abover $1 Million the market is more active than it has been in years but it is still soft. Prices may still decline a little and the buyer pool is limited. You will have lots of competition so expect a longer than average marketing time for a while to come.