The Apostle Islands of northwest Wisconsin have been a destination for vacation home buyers for over a century. The first summer residents on Madeline Island and in Bayfield, Wisconsin were mostly from Minnesota, Nebraska, Illinois and of course, elsewhere in Wisconsin. Today, our summer resident community brings vacation property owners from all over the United States. If you have considered something unique and out-of-the-ordinary as a vacation community, check out what we have to offer. We are around 250 miles from Minneapolis and St. Paul (MN) and 75 miles from Duluth, Minnesota. Madeline Island … (0 comments)
Real Estate agents who sell recreational properties ("summer homes" or "vacation homes") witness this phenomenon every year.
In our service area, the Apostle Islands of Lake Superior (also referred to as the "South Shore") buyers typically begin to come visit us and look at properties in April or May. Buyer interest begins slowly, but ramps up in early summer, with a peak sometime between the Fourth of July and Labor Day. And buyer traffic lingers until late fall, sometimes right up to the end of the calendar year.
I was pleased to notice that an article on the Door County Daily News website about Washington Island (located just north of the Door Peninsula in northeastern Wisconsin) mentioned Madeline Island. The mention appeared in a link to Barry Adams' April 12, 2015 article in the Wisconsin State Journal, entitled "On Wisconsin: Getting to know the Badger State a Little Better".
Adams' article in the State Journal referred to Madeline Island as "the largest island of the Apostle Islands where students take an ice boat to school in Bayfield during the winter". … (3 comments)
[Sales statistics supplied by Madeline Island Realty. Graphic prepared by Marquette Research LLC, Lakeville, MN.]
The above graph shows average residential dwelling sales by month for Madeline Island (LaPointe, Wisconsin, 54850 zip code). Data used was from calendar years 2012 through 2014 and includes only closed sales of residential properties by Madeline Island Realty. No vacant land sales or sales of commercial properties are included in this data.
As you can see from the graph, on average, half of our annual dwelling … (2 comments)
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