Jewel Park Real Estate- Barrington Il

The community of Jewel Park was one of the first planned communities in Barrington that was originally planned in the 1920's for the employees who worked at the headquarters for Jewel Tea company. Located within the Barrington Village boundaries on the Lake County side the neighborhood is well known for very mature tree lined streets and a wide range of distinctive homes.

Jewel Park Home Prices

Due to the wide variety of homes in Jewel Park, prices range from the high $400,000's to the high $800,000 price range. In 2006, seven homes in Jewel Park sold with an average sold price of $605,714. The lowest selling price was $450,000 and the highest selling price was $849,000. One particular home that sold for $565,000 was shortly leveled soon afterwards for a brand new Jewel Park home being built in it's place.

Jewel Park Real Estate Market Statistics for 2006

• Average Selling Price - $605,714
• Average Original List Price* - $683,000
• OLP to Sales price percentage - 89%
• Average Adjusted List Price (After price reductions) - $638,000
• Adjusted List Prices to Actual Sales price percentage- 95%
• Avg. Days on Market - 157 Days total.
• Avg. Days on Market after price adjustments - 98 Days.

* What the home was priced for when it originally was placed on the market for sale before price reductions. The lowest original list to sales price % was 72.8% and to no surprise, the home had the highest days on the market with 256 days. The highest list to original sales price percentage in Jewel Park for 2006 was 97.6% and not suprisingly, had the lowest days on the market with 25 days.

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