Posts

Showing posts from April, 2015

Slow Start to Delavan Lake Property Sales

Image
     Sales of properties on Delavan Lake and with lake access to Delavan Lake started slow in the first quarter of 2015.  Lake access sales were similar to what we saw in 2014 with only three homes changing hands.  There was one lakefront sale in 2015 while there were not any in 2014.  The prices ranged from a $98,000 cottage in the Viewcrest Subdivision to a charming three-bedroom property on the Delavan Inlet with 97 feet of frontage that sold for $242,500.      Lake access condominium sales had a similar start for the year with only two sales in the first three months compared to three that were sold by that time last year.  Prices were up substantially however as the sales did not include any foreclosures and consisted of one unit in the Delavan Club and one in Geneva Landings.  Both units were three bedroom, three bath condos priced at $192,000 and $220,000. Currently Listed Homes      Activity for the second quarter of the year is building momentum.  There are currently 69