In the Dells area we had a very active December, a slow January and we have seen some pick up in the market in February thru May. Year to date 79 properties sold in this area compared to 58 sales last year. However these numbers are well under the Jan thru May sales of 96 in 2008 and 130 in 2007.

Inventory is still high and only the properties priced aggressively are selling.  Sellers who plan to hold their price are also holding their property.

For buyers these are great numbers. Combine the high inventory with low mortgage interest rates and this is a great time to buy.  First time buyers are still active in the market but they are looking for homes in the $100k range and good properties at this price are hard to find.

2010 Wisconsin Dells Area Real Estate Statistics as of March 31, 2010
	Avg. Sell	% Change		#	% Change		Avg DOM		Avg. List	Currently	Avg DOM
	Price	to 2009		sold	to 2009		Sold		Price	listed	Listed
Single Family Custom Built	$117,742	-5.06%		14	-7.14%		161		$253,921	193	193
Condominium	$263,050	162.18%		8	62.50%		217		$239,484	164	326
Land and Lots	$173,314	190.19%		7	42.86%		239		$152,962	359	337
Single Family Manufactured Home	$58,058	-30.99%		6	50.00%		160		$119,496	55	211

	2010	2009	2008	2007
January	5	8	14	20
February	13	6	19	27
March	15	11	19	26
1st Quarter	33	25	52	73
April	28	13	21	25
May	18	20	23	32
June	24	24	13	21
2nd Quarter	70	57	57	78
Half Year	103	82	109	151
July	14	28	14	28
August		17	21	34
September		21	11	39
3rd Quarter		66	46	101
October		22	17	21
November		19	13	31
December		21	13	13
4th Quarter		62	43	65
YTD		210	198	317

2009 Wisconsin Dells Area Real Estate Statistics as of December 31, 2009
	Avg. Sell	% Change		#	% Change		Avg DOM		Avg. List	Currently	Avg DOM
	Price	to 2008		sold	to 2008		Sold		Price	listed	Listed
Single Family Custom Built	$144,963	-3.86%		102	7.84%		133		$220,008	157	223
Condominium	$201,660	16.89%		33	-24.24%		133		$239,464	151	321
Land and Lots	$57,895	-66.93%		32	-50.00%		149		$177,904	318	349
Single Family Manufactured Home	$66,386	-38.20%		22	13.64%		126		$99,685	36	277

The data for these tables was captured from the South Central Wisconsin Multiple Listing Service and includes several areas that make up the Wisconsin Dells and Lake Delton vicinity.

2009 Market Report for Wisconsin Dells Area
		Single Family			Land			Condo
Location		Sold	Avg. Price	DOM	Sold	Avg Price	DOM	Sold	Avg. Price	DOM
Wisc Dells, Adams	A20	0			0			2	210,500	35
Wisc Dells, Columbia	B33	19	104,294	142	0			7	244,142	111
Wisc Dells, Sauk	Q37	0			0			1	330,000	116
Newport	B21	7	156,700	142	1	65,000	92	0
New Haven	A13	3	195,666	64	0			0
Dell Prairie	A05	17	135,670	134	4	78,750	107	2	189,000	20
Springville	A18	19	82,694	106	7	53,114	85	8	90,437	174
Easton	A06	10	107,080	93	6	25,116	264	0
Lyndon	L14	11	145,488	110	1	48,000	193	0
Lyndon Station	L15	5	57,274	74	0			0
Kildare	L09	3	69,133	241	5	67,330	308	0
Lake Delton	Q14	16	130,154	147	6	75,833	130	18	205,586	153
Dellona	Q04	13	170,184	150	3	40,600	150	0
Delton	Q05	14	184,329	126	6	36,316	123	0

The consumer confidence indicator can be used to measure how comfortable consumers feel about spending.  The market for real estate properties such as vacation homes is directly affected by how comfortable the consumer is feeling.

Confidence has dropped almost 10% during June.  Consumers are not convinced that the economy is recovering and many are predicting a second recession.