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Wednesday, November 26, 2008

Lake Geneva home prices drop

LAKE GENEVA - The average price for a home sold in Lake Geneva dropped 20 percent to $589,700 in the last quarter, according to a report from the Metro Multiple Listing Service.

County wide, 238 homes were sold, two more than the previous quarter. The average price of homes sold dropped, however, to $258,800 from $337,300.

There were 1,273 homes on the market as of Sept. 30, down from 1,704 in the first quarter of
2008.

Download the full report HERE (778k pdf).

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