A new record was set in the top-priced, second-home market in November in Wisconsin. Lake Geneva saw three homes sell for at least $5 million. Lake Geneva is 80 miles north of Chicago. Here in Chicago, during the same month only one home sold in that price range, a Glencoe estate bringing in a cool $8.5 million.
If you add in the sale in September of the Lake Geneva estate which went for $9.55 million, it would not be an exaggeration to say “we’ve had a good season of top-of-the-market activity here,” as David Curry, a Geneva Lakefront Realty broker said.
Those four sales alone have already surpassed 2015. Last year Walworth County had just three homes that sold in this super-price range.
In the 15 years prior to that there had never been more than one sale per year in that price range.
Curry added that “If we had five more $5 million listings, I could sell them this year. People are knocking on doors.”