Lake Geneva Real Estate Market Update - July 2021
Here is the residential real estate market for Lake Geneva, Wisconsin single family homes. The monthly supply of inventory is 7.3. The monthly supply of inventory (MSI) is the time it would take to sell all of inventory for sale. The MSI of 7.3 for single family homes in Lake Geneva indicates more of a buyer’s market. Over 6 = more of a buyer’s market. 6 = a neutral market. Under 6 = more of a seller’s market.
Of course, real estate is local and can vary depending on a specific community, property type and price point. However, generally speaking, this could indicate it may be a good time to be a single family home buyer in Lake Geneva.