Delavan Lake 3Q Real Estate Summary
Sales of Delavan Lakefront and Lake Access properties came to a crawl in the third quarter of 2010. HOME SALES From July 1 to September 30, not a single lakefront property sold. Last year, there were three sales during this period. Year to date, there have been nine sales of Delavan lakefront properties compared to seven in 2009. Sales of Delavan lake access properties fared better with nine sales for the three month period. Nine were also sold during the same time frame last year. Year to date, there have been 19 lake access sales compared to 23 last year by this time. The sales for the quarter ranged from a $40,500 foreclosure to a $210,000 four-bedroom in Assembly Park. CONDO SALES The lakefront condo market declined in the third quarter. There were only two sales this year compared to four last year. Year to date, sales were 13 compared to only five last year. The sales for the quarter consisted of one two-bedroom, two-bath Delavan Club un...