Lake Geneva Real Estate Market Update: November 2024 with Judy Peralta

Welcome to the November 2024 Lake Geneva real estate market update, brought to you by Judy Peralta. As a trusted expert in Lake Geneva real estate, I’m excited to share the latest trends, opportunities, and insights to help buyers, sellers, and investors make informed decisions. Whether you’re exploring lakefront properties or considering selling your home, this update provides a comprehensive overview of the market.

Key Market Highlights

The Lake Geneva real estate market remains vibrant this November, offering unique opportunities for buyers and sellers alike. Here are the key trends shaping the market:

• Luxury Properties Lead the Way: Homes in the $800K–$999K and $1.5M+ price ranges are seeing significant growth in demand.
• Rising Inventory: Active listings are up 11.3% year-over-year, giving buyers more options in premium price ranges.
• Average Sale Prices Increasing: The average sale price has grown by 16.13% to $737,452 compared to last year, reflecting continued demand for Lake Geneva real estate.

For Sellers: Why Now is the Time

If you’re thinking about selling your home in Lake Geneva, now is an excellent time to act. The luxury market is thriving, and properties with unique features—like lakefront access or modern amenities—are attracting high levels of interest.

As an experienced real estate professional, I, Judy Peralta, specialize in marketing homes effectively to achieve top-dollar results. My proven strategies include:

• Pricing competitively to attract serious buyers.
• Professional staging to highlight your property’s best features.
• Customized marketing campaigns targeting Lake Geneva’s luxury market.

For Buyers: Opportunities to Explore

With more inventory on the market, buyers have an excellent opportunity to find their dream home in Lake Geneva. Homes are staying on the market longer, with the average days on market (DOM) increasing to 67 days. This means more time to evaluate options and negotiate favorable terms.

Whether you’re looking for a lakefront property or a cozy vacation home, I, Judy Peralta, am here to guide you through the process and help you find the perfect fit.

Investment Opportunities

Investing in Lake Geneva real estate offers financial and lifestyle rewards. Here’s why:

• Steady Appreciation: Lakefront properties consistently retain and grow in value.
• Tax Benefits: Homeownership comes with valuable deductions.
• Portfolio Diversification: Real estate provides stability, especially in the luxury segment.

Market Data at a Glance

• Average Sale Price: $737,452 (+16.13% year-over-year).
• Active Listings: Up 11.3%, with notable growth in luxury price ranges.
• Days on Market: Increased to 67 days, offering buyers negotiation leverage.

Contact Judy Peralta for Expert Guidance

Whether you’re buying, selling, or investing, Judy Peralta is your trusted partner in the Lake Geneva real estate market. With years of experience and a deep understanding of the local market, I’m here to help you achieve your real estate goals.

📧 Email: [email protected]
📞 Phone: 262.348.6841
🌐 Website: judyperalta.com