Fontana, WI Real Estate

Fontana Real Estate

Located in Walworth County, Fontana, Wisconsin provides a small town atmosphere with friendly people. Fontana has many recreational activities with Lake Geneva bordering the village. The location of the village offers easy access to Milwaukee and Chicago for those who need to travel to the metropolitan areas. Populated with just 2,265 people, Fontana is a vacation and weekend destination for about 5,000 property owners and visitors.

Real Estate
The Fontana area provides an array of homes on the market. Houses for sale include Bungalows, Ranches with private wooded lots, custom-built homes with luxurious amenities and immaculate Geneva Lake front homes with outstanding views. Million-dollar waterfront listings line Geneva Lake. Country Club Estates is a prime housing area offering four-bedroom two-story homes. Country Club amenities includes nine-hole golf course with reduced rates for homeowners and convenient parking. The average price of a home in Fontana is $254,600.

Amenities
The Village of Fontana Beach has a grassy area for those who want to lounge in the sun; and changing rooms for those who want to dive in the water. Boating is allowed in a designated area of the beach. Fees vary for swimming and boating.

The Abbey Resort & Fontana Spa is a main attraction for residents and visitors. With luxurious amenities and golf course, the resort is an excellent spot to spend during the warmer months. The golf course is excellent for amateurs and a challenge for experienced golfers. The course was given four and a half stars in Golf Digest’s “Places to Play” feature.

Big Foot Country Club and Country Club Estates provide private luxuries to members. Big Foot offers a golf and tennis club. The club conducts social events for holidays and provides outdoor activities. The Country Club Estates has a public nine-hole course that can challenge the most experienced golfer. The Country Club Estates is located on Lake Geneva and has scenic views of the surrounding landscape.

The Fontana Park Commission maintains three natural areas and trails including Hildebrand Nature Conservancy and Duck Pond Recreation Area for residents to enjoy. Reid and Pioneer Parks are other environments where citizens can enjoy the outdoors. Reid Park offers a playground and baseball diamond. Pioneer Park is on the lakefront and has a boat launch.

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Demographics

Population Demographics

  City County State
Total Population 2,110 103,613 5,852,878
Total Households 934 40,209 2,349,819
Total Families 598 26,491 1,516,725
Percent Male 48% 50% 50%
Percent Female 52% 50% 50%
White Collar Jobs 41% 50% 58%
Blue Collar Jobs 59% 50% 42%

Top Occupations

Professions Population Employed
Professional Services 106
Manufacturing 90
Maintenance 89
Food 83
Sales 67
Transportation 41
Management 35
Healthcare 32
Construction 24
Education 15

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Education Attainment

  City County State
Some High School 53 4,085 224,571
High School Graduate 328 21,934 1,256,597
Some College 240 15,690 833,955
Associates Degree 113 6,032 410,260
Bachelors Degree 487 12,073 747,113
Graduate Degree 282 7,054 384,121

Education Attainment


Market Conditions
Market Conditions for Fontana - April 2020 | Shorewest Realtors®
April 2020

Market Conditions for Fontana

Median Sale Price Graph

Median Sale Price

The median sale price for homes in April was $331,500. The median sales price for homes in April fell by ($69,500) compared to last month. This represents a 17.33% decrease from March. Compared to the same month last year, the median price of homes rose by $84,000 representing a 33.93% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 2 in April to 62. This represents 3.12% decrease from March when 64 homes were on the market. Compared to the same month last year when there were 70 homes for sale, the inventory of homes for sale has fallen by 8 representing a -11.42% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 8 homes sold in April was 1 less than in March. This represents a 11.11% decrease in sales from March. Compared to the same month last year, the number of homes sold decreased by 7, a -46.66% year-over-year decrease.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in April (48) decreased by 53 days compared to March. This represents a 52.47% decrease in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 66, a -57.89% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 94.95% in April fell by 2.06% compared to March and increased 1.36% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in April (8) fell by 14 compared to March, a 63.63% change. Compared to April 2019, the number of new listings decreased by 14, a -63.63% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in April was $354,950. The median list price for homes in April fell by ($89,500) compared to last month. This represents a 20.13% decrease from March. Compared to the same month last year, the median list price of homes increased $5,500 representing a 1.57% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




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