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Showing posts from April, 2021

Delavan Lake Real Estate Q1 Update

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       The Delavan Lake real estate market has remained remarkably tight over the first quarter of 2021 with prices continuing to move up and the number of homes sold at low levels due to the lack of inventory.   Many are seeking lake properties, but few are to be found.      For the first quarter there were 12 homes and condos sold with lakefront or lake access.   This compares to nine in 2010 and 15 in 2019.   Of the sales, two were on the main body of Delavan Lake.   One on the North Shore for $920,000 that needed extensive updating, and one on the South Shore for $1,150,000 that was remodeled and ready to use for the summer.   The North Shore home was a four bedroom on 60 feet of frontage while the South Shore property was also a four bedroom on 63 feet of frontage.      For those seeking a Delavan Lake property, the options are very limited.   There is one home currently listed on the main body of the lake.   It is a new construction listed for $1.4 million and it is already u