Delavan Lake Property

  Delavan Lakefront sales struggled in 2022 while lake access homes and lake access condos showed strong results compared to the prior two years. There were only eight lakefront sales on Delavan Lake compared to 17 in 2021 and 2020.   The lack of sales was due to limited inventory as prices shot to record levels. Lakefront sales ranged from $575,000 for a two-bedroom, two-bath home on the Inlet and progressed to $3,125,000 for a six-bedroom, seven-bath home on 111 feet of prime South Shore frontage. This Delavan Inlet home sold for $575,000 in 2022. The most expensive sale in 2022 was for $3,125,000 Lake access homes started at $95,000 for a fixer-upper in the Delmar Subdivision and topped out at $618,000 for a three-bedroom ranch with an in-ground pool and boat slip. Lake condo sales were sharply higher with 41 sales compared to 20 in 2021 and 24 in 2020.   Most of the activity was due to Condo/hotel liquidations (22 units) that ranged from   $25,000 to $150,0...

  The first half of 2022 showed a drop in Delavan Lake real estate sales from the prior year due to a lack of inventory. For the first six months of 2022, there was only one lakefront sale compared to eight in 2021.   For lake access properties, there were 19 homes sold in 2022 while there were 25 sold the prior year. The only lakefront property to change hands was a five bedroom home on the South Shore that sold for $2,261,000.   The property had 95 feet of lake frontage and eight garage stalls. The only sale for the first half of 2022 was located on the South Shore of Delavan Lake The sales of lake access properties ranged from $96,000 for a two-bedroom cottage in the Delmar Subdivision on the south side of the water to $580,000 for a large two-bedroom home in Assembly Park on the north side of the lake with expansive views and deck space. For Delavan Lake condos, there were 20 units sold in the first half of 2022 compared to 17 units last year.   Prices rang...

      The market share break down for real estate in the Lake Geneva area has shifted drastically over the past 10 years.  Top player Keefe Real Estate sold out to Compass, based in New York and has seen sales plunge as a result.      For the first quarter of 2012, Keefe had a market share of 53.93% of the sales in Walworth County.  For 2022, this fell to only 22.24%.  Rival Shorewest Realtors saw their market share fall from 13.14% to 5.61% while new comers Geneva Lakefront Realty and @Property muscled in at 20.21% and 7.52% respectively.      The change in technology and the ease of individuals to find homes on their own has lessened the stranglehold that large real estate companies used to have.  Now, market share goes to the nimble, smaller firms that show they can compete on a personal level and react to market changes more swiftly than corporate controlled companies.

     Delavan Lake Real Estate Sales were slow again in the first quarter of 2022. Low inventory of single family homes pushed many buyers to purchase condo/hotel options and lack of inventory left many on the sidelines.       For the first quarter, there were six single family homes sold with lake access and five condos sold. There was not a single lakefront home sold during the first quarter.       Sales of lake access properties ranged from $96,000 for a two bedroom cottage in the Delmar Subdivision off of South Shore to $580,000 for a large two bedroom in Assembly Park on the North Shore. The Assembly Park property had excellent views and a large deck overlooking the water.       Condo sales ranged from $53,000 for a double queen condo/hotel suite in the Lake Lawn Resort to a three bedroom waterfront condo in the Delavan Club that sold for $330,000. There was a one bedroom sale in the Geneva Landings compl...

  Delavan, WI: Ryan Simons of Simons Realty Group was featured in the Wisconsin Edition of Top Agent Magazine in January 2022. Top Agent Magazine is the premier real estate magazine featuring the foremost real estate agents, mortgage professionals, and affiliates in the USA, Europe, Canada, Australia, and New Zealand. Top Agent Magazine features the top producing and most accomplished professionals in the real estate industry, offering an in-depth look at their careers and providing a blueprint for their success. To be considered for a feature in Top Agent Magazine all professionals must go through a nomination and interview process. All Candidates are then evaluated based upon production, professionalism, as well as industry and community involvement. It is considered a privilege to be nominated as it speaks to a certain success level all real estate agents strive for. Top Agent has set itself apart as a trusted source of real estate information and inspiration. Ryan Simons...

It was a crazy 2021 for Delavan Lake real estate.  Low inventory, limited sales, higher prices and Keefe Real Estate, once the leading agency in the area, sold out to a New York company. As a result, we have started Simons Realty Group to continue to provide you with a strong local presence in the Delavan Lake real estate market.   We will be located at 320 Hwy 50, Delavan Lake. Lakefront home sales for 2021 totaled 17 units which was the same as 2020, but down from 20 units in 2019.  There were 33 lake access homes sold in 2021 compared to 52 in 2020 and 49 in 2019. Prices for lakefront homes ranged from $300,000 for an efficient two-bedroom on Brown’s Channel to $2,276,059 for a brand new six bedroom, eight bath home resting on 119 feet of South Shore frontage. 4424 East Drive was the least expensive waterfront sale for 2021. The most expensive sale for 2021 was at 4421 South Shore Drive. Lake access homes ranged from $88,000 for a remodel project in Jackson Park of...

  In 2008 I joined a family real estate business that had three generations of ownership. During the years there, I was fortunate enough to sell more properties than any other agent in the company. They have now sold out to a huge New York company so I have started a new real estate chapter. With my father being in the business, and now my oldest son, we are willing to fill the gap of a locally owned, family real estate business for Walworth County, WI. We look forward to continuing to assist the families and businesses of Walworth County and Delavan, WI with their real estate needs!