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Castle Rock Lake Real Estate Market Update

August 25, 2012 By Leave a Comment

Summer is quickly coming to an end. Vacation homeowners are making their way north less often.

Now’s a good time to talk about whats happened on Castle Rock Lake over the past few months.

[Stay in the know with new Castle Rock Lake homes on the market as well as price changes.]

The data was gathered through the MLS, so the data is deemed reliable but not guaranteed. You know the drill…

Single Family Castle Rock Lake Homes:

  • Active Homes for Sale: 59 (including 13 since June 1)
  • Average List Price: $276,598
  • Homes Sold: Since June 1: 6 2012: 11
  • Average Sale Price: Since June 1: $174,650 2012: $164,145
  • Average Days on the Market: Active: 359 Sold: 225
  • Average Sale Price/List Price for homes sold in the past year: 91%
  • Unsold Homes since June 2012: 6
  • Average List Price of Unsold Homes: $276,575

Where Castle Rock Lake Homes are Selling

Lakewood Subdivision — Adams County

Lake Shore Estates Subdivision — Adams County

Lakewood was most popular. The most expensive home that sold was not in a subdivision. You can check it out on FirstWeber.com.

What Next?

View new Castle Rock Lake waterfront homes for sale. Now’s a good time to be a buyer. Home owners know that the buying season is ending for the year.

Find your dream Castle Rock Lake home today, NO registration required. And make sure you enter your name and email to stay in the loop when new homes hit the market or have a drop in asking price.

Would you also like to rent your vacation home? Check out what’s for sale in the Waterstone subdivision. You get access to all amenities that the new subdivisions offer and this is one of the few locations where rentals are allowed.

Filed Under: Odds and Ends Tagged With: ,

Lake Redstone Real Estate Update: First Quarter 2012

April 14, 2012 By Leave a Comment

As promised, this is the third real estate market update for our areas lakes.

View the results for Lake Petenwell and Castle Rock Lake.

Start your search for a Wisconsin waterfront home.

The data was gathered through the MLS, so the data is deemed reliable but not guaranteed. You know the drill…

Single Family Lake Redstone Homes:

  • Active Homes for Sale: 39
  • Average List Price: $350,479
  • Homes Sold: 2012: 2 Since April 2011: 23
  • Average Sale Price: 2012: $202,000 Since April 2011: $192,786
  • Average Days on the Market: Active: 305 Sold: 151
  • Average Sale Price/List Price for homes sold in the past year: 92%
  • Unsold Homes since April 2011: 21
  • Average List Price of Unsold Homes: $357,252

The Numbers

When you look at the numbers for Lake Redstone waterfront homes and then compare those same numbers to Castle Rock or Lake Petenwell, one very specific, piece of data stands out–

Big list price…Little sale price.

How So?

For a couple reasons.

The average list price of active homes is $350,479, which is $70,000 greater than that of Castle Rock Lake.

But the average sale price of Lake Redstone homes in the past 12 months is a full $20,000 less than that of Castle Rock Lake.

And…

The average price of homes that went unsold in the past year is the most of any area lake. Twenty thousand more than Lake Petenwell and $35,000 more than Castle Rock Lake.

But…

And this is a big but…(it’s good news too!)

The average time it takes to sell a Lake Restone home is only 5 months! Forty days sooner than that of either of the other two.

That’s a very good sign.

What Next?

Find your dream Lake Redstone home today, NO registration required.

And make sure you enter your name and email to stay in the loop when new homes hit the market or have a drop in asking price.

Filed Under: Market Reports Tagged With: ,

Castle Rock Lake Real Estate Update: Results for 1st Quarter 2012

April 10, 2012 By Leave a Comment

 

Castle Rock Lake remains the most cost effective of our area lakes.

And it provides you with a range of possibilities:

  • Waterfront on Castle Rock Lake (2nd largest lake in Wisconsin)
  • Lake access on an off-water lot
  • Waterfront on a man-made lake with access to the lake
  • Access to indoor waterpark facilities, tennis courts, basketball courts etc.

This provides you with options that other lakes can’t provide.

[Stay in the know with new Castle Rock Lake homes on the market as well as price changes.]

The data was gathered through the MLS, so the data is deemed reliable but not guaranteed. You know the drill…

Single Family Castle Rock Lake Homes:

  • Active Homes for Sale: 49
  • Average List Price: $282,012
  • Homes Sold: 2012: 4 Since April 2011: 24
  • Average Sale Price: 2012: $111,725 Since April 2011: $212,604
  • Average Days on the Market: Active: 375 Sold: 196
  • Average Sale Price/List Price for homes sold in the past year: 91%
  • Unsold Homes since April 2011: 43
  • Average List Price of Unsold Homes: $323,055

The Numbers

Two very specific pieces of data stand out to me about Castle Rock Lake.

First, the number of unsold homes in the past year is more than double that of Lake Petenwell and Lake Redstone.

Second, the average list price of a home that went unsold is more than $100,000 more than the average selling price in the past calendar year.

Castle Rock Lake home values have declined the past 4 years. Last year was better, but it’s still better to be a buyer than a seller.

Check out what the most expensive homes on Castle Rock Lake sold for in 2011.

What Next?

Find your dream Castle Rock Lake home today, NO registration required. And make sure you enter your name and email to stay in the loop when new homes hit the market or have a drop in asking price.

Filed Under: Market Reports Tagged With: ,

Lake Petenwell Waterfront Real Estate Update: Results for 1st Quarter 2012

April 9, 2012 By Leave a Comment

Can you believe we’re already over a quarter of the way through 2012 already?

The snow is gone, the weather is warming, and you’re beginning to think about summer.

Where to go, what to do…

And you’re here because you want to spend Memorial Day at your new house on the lake.

This post is designed to help you decide the best location for your Wisconsin vacation home.

Today the focus is on Lake Petenwell waterfront homes. Later in the week you’ll be able to see results for Castle Rock Lake and Lake Redstone. Stay tuned.

Let me know the next time you plan to be in the area you can view homes for sale on Lake Petenwell in person.

The data was gathered through the MLS, so the data is deemed reliable but not guaranteed. You know the drill…

Single Family Lake Petenwell Homes:

  • Active Homes for Sale: 31
  • Average List Price: $406,658
  • Homes Sold: 2012: 4 Since April 2011: 7
  • Average Sale Price: 2012: $213,375 Since April 2011: $284,857
  • Average Days on the Market: Active: 319 Sold: 199
  • Average Sale Price/List Price for homes sold in the past year: 90%
  • Unsold Homes since April 2011: 18
  • Average List Price of Unsold Homes: $337,327

The Numbers…

…are what you’d expect to see. Lower priced homes are selling while higher priced homes remain on the market for longer periods of time.

There are quite a few larger, more expensive homes currently for sale.

The three most expensive homes have been on the market for an average of 619 days.

What’s interesting to me is that numbers 3 and 4 (in price) are new to the market in the past couple months and I’m curious as to there fate. Will they sell in 2012 or will they continue there march towards 619…

Check them out:

View all homes currently for sale on Lake Petenwell or any of the Lake Petenwell condos that are for sale as well. For a current list of active homes and condos contact Adam.

What Next?

To see any waterfront home on Lake Petenwell please call Adam at (608) 542-0178, email him at holberga[at]firstweber[dot]com or simply click here to contact Adam.

Or stay in the know with Lake Petenwell price changes, days on market, new homes to the market etc by entering your name and email address below:

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Filed Under: Market Reports Tagged With: ,

The Top 5 Most Expensive Waterfront Homes For Sale

March 25, 2012 By Leave a Comment

It’s 75 degrees, sunny.

A perfect weekend to spend at the lake.

Just over an hour from Madison. A couple hours from Milwaukee. We’re close.

And we have some pretty sweet Wisconsin waterfront homes for sale.

Below are the top 5 most expensive waterfront homes currently for sale as of April ’12.

#5: Lake Redstone Waterfront Home

S855 Dolata Court — La Valle, WI

Currently listed at $629,900.

[Read more...]

Filed Under: Buyers, Sellers Tagged With: , , ,

Find Your Wisconsin Waterfront Property TODAY

January 25, 2012 By Leave a Comment

I’ve been hiding in my office cave head-down, heater running (it’s cold back there!) with my writing hat on. You can’t see the results on the blog or the homepage, but ‘stuff’ has been done.

No doubt you’ve noticed that I’ve been churning out real estate article after real estate article the past few weeks.

You have noticed, right?

[Read more...]

Filed Under: Buyers Tagged With: