Slow Start for Home Sales on Delavan Lake, WI
The first six months of 2017 have started slow for home and condominium sales on Delavan Lake, WI. The lack of sales seems to be partly due to tight inventory and partly due to not having the type of product available that home buyers are searching for. In the first half of the year, there were only 22 sales with water frontage or lake access. This compares to 27 in the first half of 2016. Six of the homes sold were water frontage this year, with most being on either the inlet or a channel. Prices ranged from $93,500 for a two bedroom remodel in the Delmar Subdivision to $635,000 for a Floridian-style three bedroom walk-out ranch just off of Browns Channel. Sales of condos also have started slow for the year. There were eight sales of condominiums with water access in the first half of 2017 compared to 10 in the first half of 2016. Prices ranged from $75,000 for a two bedroom unit in the Delavan Lake Resort to $274,000 for a three bedroom unit in the Delavan Gar