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Market Conditions for Lake Geneva, Wisconsin
Reported by Bob Webster, REALTOR
Updated January 7, 2010.
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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 92 homes for sale with access to Lake Geneva, totaling $134,371,313, with an average listing price of $1,460,558 and an average of 264 days on the market. Of the 92 homes currently listed, there are 2 one bedroom, 5 two bedroom, 38 three bedroom, 31 four bedroom, 9 five bedroom and 7 homes that have six or more bedrooms.
Listing prices break down as follows 7 are under $250,000, 28 are between $250,000 and $500,000, 23 are between $500,000 and $1,000,000 and 34 are $1,000,000 or above.
In the 4th quarter of 2009 there were 11 homes sold with access to Lake Geneva, totaling $7,810,250, with an average selling price of $710,023, and an average of 464 days on the market. Of the homes sold, 3 sold for under $250,000, 2 sold for between $250,000 and $500,000, 3 sold for between $500,000 and $1,000,000 and 3 sold for over $1,000,000.
The total number of homes sold with access to Lake Geneva last year was 45, totaling $39,288,649, with an average selling price of $873,081, and an average of 273 days on the market. Of those homes sold, 7 sold for under $250,000, 18 sold for between $250,000 and $500,000, 6 sold for between $500,000 and $1,000,000, and 14 sold for over $1,000,000.
There are currently 45 condos for sale with access to Lake Geneva, totaling $18,898,605 with an average listing price of $419,969 and an average of 356 days on the market. Of the 45 condos currently listed, there are 17 one bedroom, 17 two bedroom, 7 three bedroom, 3 four bedroom, and 1 condo that had five or more bedrooms.
Listing prices break down as follows: 17 are under $250,000, 14 are between $250,000 and $500,000, 12 are between $500,000 and $1,000,000 and 2 are $1,000,000 or above.
In the 4th quarter of 2009 there were 2 condos sold with access to Lake Geneva, totaling $955,000, with an average selling price of $477,500, and an average of 368 days on the market. Of the condos sold, 0 sold for under $250,000, 0 sold for between $250,000 and $500,000, 2 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 16, totaling $7,059,600 with an average selling price of $441,225, and an average of 244 days on the market. Of those condos sold, 1 sold for under $250,000, 11 sold for between $250,000 and $500,000, 4 sold from between $500,000 and $1,000,000 and 0 sold for over $1,000,000.
ZIP Code: 53147
Location Characteristics: The City of Lake Geneva is one of three communities located on the shores of Geneva Lake.
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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