Delavan Lake Property

     Delavan single family homes sales are up 19 percent this year according to the Multiple Listing Service.  Sales for 2011 through the first week of April totaled $4,039,000 while sales for 2012 total $4,802,000.      Unit sales are also higher. There were only 23 sales in 2011 by this time of the year while for 2012 we have a total of 35 sales.  As a result, the average sale price has fallen from $176,000 in 2012 to $137,000 in 2011.      These sales include both the city and the town of Delavan. 

Delavan Lake property activity is up slightly in the first quarter of 2012 compared to 2011.  While showings have increased, sales have been slow to materialize and foreclosures have seen most of the action. HOME SALES      For the first quarter, there were two lakefront properties sold and three lake access property sold.  Last year, there were two lakefronts sold in the first quarter and no lake access sold.  The sales ranged from a $550,199 foreclosure on the South Shore to a $41,000 foreclosed cottage on South Shore Drive.   Six properties have accepted offers compared to 12 that had accepted offers this time last year. CONDO SALES      There have been three condo sales with lake rights in the first quarter.  This compares to only one last year.  The sales ranged from a Lake Lawn Condo/Hotel foreclosure at $30,000 to a three bedroom, three bath Geneva Landings Garden unit which sold for $224,200.  Three condos with lake access currently have accepted offers. CURRENTLY LISTE