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Market Conditions for Lake Geneva, Wisconsin
Reported by Bob Webster, REALTOR
Updated March 12, 2009.
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Current Market Rating: 3
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Buyer's
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Seller's
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Current Price Trend: 4
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Falling
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Rising
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There are currently 117 homes for sale with access to Geneva Lake, totaling $180,322,900 with an average listing price of $1,541,221 and an average of 217 days on the market. Of the 117 homes currently listed, there are 5 two bedroom, 44 three bedroom, 43 four bedroom, 13 five bedroom, and 12 homes that has six or more bedrooms.
Listing prices break down as follows: 1 is under $250,000, 38 are between $250,000 and $500,000, 27 are between $500,000 and $1,000,000, and 51 are $1,000,000 or above.
In the 4th quarter of 2008, there were 9 homes sold with access to Geneva Lake, totaling $13,793,000 with an average sale price of $1,532,556 and an average of 237 days on the market. Of the homes sold, 0 sold for under $250,000, 3 sold for between $250,000 and $500,000, 2 sold for between $500,000 and $1,000,000, and 4 sold for over $1,000,000.
The total number of homes sold with access to Geneva Lake last year was 56, totaling $62,258,534 with an average selling price of $1,111,759, and an average of 170 days on the market. Of those homes sold, 6 sold for under $250,000, 13 sold for between $250,000 and $500,000, 17 sold for between $500,000 and $1,000,000 and 20 sold for over $1,000,000.
There are currently 48 condos for sale with access to Geneva Lake, totaling $22,825,860 with an average listing price of $475,539 and an average of 235 days on the market. Of the 48 condos currently listed, there are 16 one bedroom, 17 two bedroom, 11 three bedroom, 3 four bedrooms, and 1 condo with 5 or more bedrooms.
Listing prices break down as follows: 16 are under $250,000, 16 are between $250,000 and $500,000, 11 are between $500,000 and $1,000,000, and 5 are $1,000,000 or above.
In the 4th quarter of 2008, there were 2 condos sold with access to Geneva Lake, totaling $994,000, with an average sale price of $497,000, and an average of 231 days on the market. Of the condos sold, 0 sold for under $250,000, 1 sold for between $250,000 and $500,000, 1 sold for between $500,000 and $1,000,000, and 0 sold for over $1,000,000.
The total number of condos sold with access to Geneva Lake last year was 10, totaling $5,551,000 with an average selling price of $555,100, and an average of 136 days on the market. Of those condos sold, 1 sold for under $250,000, 3 sold for between $250,000 and $500,000, 5 sold for between $500,000 and $1,000,000 and 1 sold for over $1,000,000.
Location Characteristics: Lake Geneva is a resort community located in southeastern Wisconsin just north of the Illinois State line.
For More Information:
View Market Conditions of other areas served by Bob Webster
Navigate: Top > Wisconsin > Lake Geneva
About Bob Webster:
I have been in the real estate business in Lake Geneva for over 28 years. I have owned and managed my own company in the past, and now as an agent for Keefe Real Estate, focus my attention strictly on listing and selling. My business is up to date with the most current computer technology enabling me to better serve my customers and clients. I look forward to the opportunity to earn your business.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
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