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Market Conditions for Lake Geneva, Wisconsin
Reported by Bob Webster, REALTOR
Updated September 3, 2008.
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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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There are currently 119 homes for sale with access to Geneva Lake, totaling $143,836,200 with an average listing price of $1,208,708 and an average of 183 days on the market. Of the 119 homes currently listed, there are 8 two bedroom, 51 three bedroom, 40 four bedroom, 11 five bedroom, and 9 homes that has six or more bedrooms.
Listing prices break down as follows: 7 are under $250,000, 41 are between $250,000 and $500,000, 27 are between $500,000 and $1,000,000, and 44 are $1,000,000 or above.
In the 1st half of 2008, there were 36 homes sold with access to Geneva Lake, totaling $39,374,534 with an average sale price of $1,093,737 and an average of 154 days on the market. Of the homes sold, 6 sold for under $250,000, 4 sold for between $250,000 and $500,000, 12 sold for between $500,000 and $1,000,000, and 14 sold for over $1,000,000.
The total number of homes sold with access to Geneva Lake last year was 66, totaling $75,503,100 with an average selling price of $1,143,986, and an average of 144 days on the market. Of those homes sold, 7 sold for under $250,000, 23 sold for between $250,000 and $500,000, 12 sold for between $500,000 and $1,000,000 and 24 sold for over $1,000,000.
There are currently 59 condos for sale with access to Geneva Lake, totaling $26,393,280 with an average listing price of $447,344 and an average of 184 days on the market. Of the 59 condos currently listed, there are 24 one bedroom, 19 two bedroom, 11 three bedroom, 3 four bedrooms, and 2 condos with 5 or more bedrooms.
Listing prices break down as follows: 29 are under $250,000, 13 are between $250,000 and $500,000, 10 are between $500,000 and $1,000,000, and 7 are $1,000,000 or above.
In the 1st half of 2008, there were 4 condos sold with access to Geneva Lake, totaling $2,377,500, with an average sale price of $594,375, and an average of 33 days on the market. Of the condos sold, 0 sold for under $250,000, 1 sold for between $250,000 and $500,000, and 3 sold for between $500,000 and $1,000,000.
The total number of condos sold with access to Geneva Lake last year was 24, totaling $9,396,650 with an average selling price of $391,527, and an average of 145 days on the market. Of those condos sold, 9 sold for under $250,000, 7 sold for between $250,000 and $500,000, 7 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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