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Market Conditions for Lake Geneva, Wisconsin
Reported by Bob Webster, REALTOR
Updated October 20, 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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There are currently 154 homes for sale with access to Lake Geneva, totaling $222,074,331, with an average listing price of $1,442,041 and an average of 253 days on the market. Of the 154 homes currently listed, there is 1 one bedroom, 12 two bedroom, 57 three bedroom, 51 four bedroom, 21 five bedroom and 12 homes that have six or more bedrooms.
Listing prices break down as follows 11 are under $250,000, 42 are between $250,000 and $500,000, 44 are between $500,000 and $1,000,000 and 57 are $1,000,000 or above.
In the first 3 quarters of 2009 there were 34 homes sold with access to Lake Geneva, totaling $31,478,399, with an average selling price of $925,835, and an average of 211 days on the market. Of the homes sold, 4 sold for under $250,000, 16 sold for between $250,000 and $500,000, 3 sold for between $500,000 and $1,000,000 and 11 sold for over $1,000,000.
The total number of homes sold with access to Lake Geneva last year was 91, totaling $20,400,000, with an average selling price of $233,000, and an average of 102 days on the market. Of those homes sold, 68 sold for under $250,000, 17 sold for between $250,000 and $500,000, 6 sold for between $500,000 and $1,000,000, and 0 sold for over $1,000,000.
There are currently 64 condos for sale with access to Lake Geneva, totaling $29,775,835 with an average listing price of $465,247 and an average of 271 days on the market. Of the 64 condos currently listed, there are 21 one bedroom, 22 two bedroom, 14 three bedroom, 5 four bedroom, and 2 condos that have five or more bedrooms.
Listing prices break down as follows: 20 are under $250,000, 20 are between $250,000 and $500,000, 19 are between $500,000 and $1,000,000 and 5 are $1,000,000 or above.
In the first 3 quarters of 2009 there have been 14 condos sold with access to Lake Geneva, totaling $6,726,200, with an average selling price of $480,443, and an average of 227 days on the market. Of the condos sold, 0 sold for under $250,000, 9 sold for between $250,000 and $500,000, 5 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 175 days on the market. Of those condos sold, 1 sold for under $250,000, 5 sold for between $250,000 and $500,000, and 1 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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