Lake Geneva Area Single Family Home Inventory is Rising

Lake Geneva area markets are changing as there is more single family home inventory entering the market - making it a good time for buyers who may have waited to buy due to a lack of inventory (or the market being too competitive).

In Linn, Wisconsin, inventory numbers are approaching what they were last August and September. Currently, there are 29 single family homes for sale in Linn, the highest seen in almost a year.

Linn, Wisconsin Single Family Home Inventory

In Lake Geneva, with 49 single family homes for sale, July’s inventory of single family homes for sale is at the same inventory level it was in June 2020. The MSI (monthly supply of inventory, the time it would take to sell all of the single family homes for sale in Lake Geneva) is over 7, which indicates a buyer’s market.

If you’re looking to sell, or buy, in southeastern Wisconsin, let’s chat. Real Estate is hyper-local. Kristine Glockler can go over the specific market where you are looking to sell or buy.

Lake Geneva, Wisconsin Single Family Home Inventory

In Fontana, Wisconsin, there is also an increase of single family homes for sale. The inventory of single family homes for sale in Fontana in July 2021 was 19, a level that wasn’t seen since August 2020, per the MLS data.

Generally speaking though, for all of the communities around Geneva Lake, the current inventory does still not come close to what it was summer of 2019 and other years.

Fontana, Wisconsin Single Family Home Inventory