Genesee, WI Real Estate

Genesee/Genesee Depot Area Homes for Sale

The township of Genesee, Wisconsin is a historic community located in Waukesha County. Individual settlements established in the area include: Genesee Village, Saylesville, Genesee Depot, North Prairie and Wales. Located in the Kettle Moraine area, the hilly and shallow soil landscape of the township was formed by glaciers.

Real Estate
The Genesee/Genesee Depot housing market provides an array of homes for sale. Houses on the market include three-bedroom Colonial homes, beautiful Lannon stone Cape Cods, rustic A-Frames with open concept floor plans and spectacular custom-built homes with luxurious amenities. Home buyers can find gorgeous one of kind homes on private lots in cul-de-sacs. Affordable houses near Merrill Hills Country Club are also available in Genesee. Rental properties such as apartments and town homes are scattered throughout the area.

Amenities
The rural environment around Genesee is a great setting for people who enjoy outdoor activities. From wildlife trails with picturesque views to nature centers, areas around Genesee offer many activities.

Glacial-Drumlin Recreational Trail offers a 47-mile trail that visitors can use year-round. Visitors are able to bike, hike and roller blade on different parts of the trail during the summer. Snowmobilers and cross-country skiers can enjoy the winter wonderland during the cold season. Picnic areas are also available for events and recreation.

Located south of I-94, Lapham Peak State Park offers year-round activities that the whole family can enjoy. There are trails available for mountain biking, hiking and horseback riding during the warmer months. Snowshoeing and cross-country skiing are popular activities during the winter season. With open meadows and wooded hills, the park provides a picturesque environment throughout.

Gain knowledge about the environment at the Retzer Nature Center. The center offers workshops and classes. With nature displays, gift shop and a greenhouse, there is plenty to experience.

The local park system maintains two beautiful parks, Genesee Town Park and Genesee Sunset Park. Genesee Town Park offers three baseball diamonds, three tennis courts, volleyball courts and playground equipment. The Genesee Sunset Park is newly developed with the help of local businesses and residents. The park will feature baseball fields, shelters for entertainment and much more.

To find properties for sale in Genesee, click here.

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Market Conditions

Market Conditions for Genesee

August 2017

Median Sale Price
$310,000

 UP 3.16%
vs. Month Ago
Homes for Sale
34

 UP 25.92%
vs. Month Ago
Homes Sold
8

 DOWN -33.33%
vs. Month Ago
Avg Days on Market
41

 UP 46.42%
vs. Month Ago

Median Sale Price

The median sale price for homes in August was $310,000. The median sales price for homes in August rose by $9,500 compared to last month. This represents a 3.16% increase from July. Compared to the same month last year, the median price of homes rose by $18,000 representing a 6.16% 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

The inventory of homes for sale rose by 7 in August to 34. This represents 25.92% increase from July when 27 homes were on the market. Compared to the same month last year when there were 38 homes for sale, the inventory of homes for sale has fallen by 4 representing a -10.52% 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

The inventory of homes for sale rose by 7 in August to 34. This represents 25.92% increase from July when 27 homes were on the market. Compared to the same month last year when there were 38 homes for sale, the inventory of homes for sale has fallen by 4 representing a -10.52% 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.

Avg Days on Market

The average days on market for a home sold in August (41) increased by 13 days compared to July. This represents a 46.42% increase 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 29, a -41.42% 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

The Sale/List Price Ratio of 96.1% in August fell by 1.13% compared to July and increased 4.5% 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

The number of homes listed in August (12) fell by 1 compared to July, a 7.69% change. Compared to August 2016, the number of new listings increased by 5, a 71.42% 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 Homes

The median list price in August was $404,950. The median list price for homes in August fell by ($19,950) compared to last month. This represents a 4.69% decrease from July. Compared to the same month last year, the median list price of homes decreased ($74,050) representing a -15.45% year-over-year decrease.

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.




Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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