Lake Geneva Lakefront Market Update

I’m tired of the rain. It’s been sunny and then it’s been rainy and once it’s a little sunny it’s immediately a lot rainy. The rain is necessary, I suppose. But I would rather see it once every four days, and even then only at night. And not early or late night, but middle night. When I’m sleeping and I can barely hear it pittering or pattering on my window sill. Alas, this early summer has been plagued by rain and while we’re focusing on the cicadas the real enemy is not from below ground but in the clouds. It’s time to dry out.

There were a couple of lakefront sales last week. I was fortunate to close a home on the north shore of Williams Bay for $4.4M. I’m glad the buyer allowed me to help them in their search and am quite confident that home will be a great place from which to enjoy all of the lake scene. That home had been on the market for a while, and through no fault of its own languished throughout the late summer and fall of 2023. I tried my best to sell this house even though it wasn’t my listing, mostly because I believe in the location and the value and in case everyone has forgotten, the most important thing to consider when you’re looking for lakefront or lake access is indeed the location. Shiny appliances and slick floors are cool, but any great location can be made to be a nice house. It should be understood by now, but somehow, maddeningly, it isn’t.

Another sale, this one on the south shore in the middle to upper $3Ms closed last week as well. Any sale of aged inventory is good, and we’ll celebrate the removal of inventory any chance we get.

Today there are just three lakefront homes for sale on Geneva, and while I suspect all of them will sell, the question is what the discount to the respective asks will be once the dust settles. New inventory is still needed, and likely still coming, but when? I admit I don’t know, so I’ll just be here on the hunt. If you want to make sure you buy the right house in the right location and at the right price, we should talk. Or at least email, because talking is so 1995.

About the Author

I'm David Curry. I write this blog to educate and entertain those who subscribe to the theory that Lake Geneva, Wisconsin is indeed the center of the real estate universe. When I started selling real estate 27 years ago I did so of a desire to one day dominate the activity in the Lake Geneva vacation home market. With over $800,000,000 in sales since January of 2010, that goal is within reach. If I can help you with your Lake Geneva real estate needs, please consider me at your service. Thanks for reading.

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