August Real Estate Update for the Okanogan Valley

 





OKANOGAN VALLEY MARKET SNAPSHOT
The number of homes sold decreased to 8 in July, down from 16 in June.  The average sale price increased to $139,500 in July, up from $135,969 in June, and the average days on market is up to 273 from 267 in June.  Also, the original list price is once again showing up in the NWMLS report, so I will use the original list price and sold price, which I think more accurately reflects the market. 

These statistics do not include private sales, or those by offices who are not members of the NWMLS.  They are deemed reliable, but are not guaranteed.
JULY RESIDENTIAL SALES

CITY	BED	BATH	SQ. FT.	LOT SIZE	YEAR	$/SQ. PRICE	DOM	ORIG. PRICE	SOLD PRICE
Okanogan	2	1	735	.124	1937	40.82	172	$40,000	$30,000
Omak	3	1	1008	.119	1940	99.21	280	$119,900	$100,000
Okanogan	2	1	1312		1946	87.65	228	$160,000	$115,000
Tonasket	3	2	1440	3.73	1977	83.33	615	$137,500	$120,000
Omak	2	1.5	1680	1.02	1953	86.31	324	$164,900	$145,000
Tonasket	3	1.75	2176	8.79	1974	68.93	144	$172,500	$150,000
Okanogan	4	1	1718	.81	1910	98.37	16	$178,500	$169,000
Oroville	4	2	2195	.75	2006	131.48	405	$329,950	$288,600
AVERAGES			1533			87.01	273		$139,700

Vacant land sales also decreased in July to 6 sales, down from 10 in June. Average days on market up to 575 from 264 in June.  Again, for the purpose of the NWMLS, cabins are also in this category. 

JULY VACANT LAND SALES 

CITY	ACRE	$/ACRE	DOM	ORIG. PRICE	SOLD PRICE
Tonasket	4.79	2,818.38	342	$13,500	$13,500
Malott	4.00	17,250.00	979	$69,900	$69,000
Malott	3.54	21,172.37	463	$74,950	$74,950
Oroville	28.00	3,214.29	981	$139,000	$90,000
Tonasket	48.36	1,861.04	364	$100,000	$90,000
Omak	1.65	81,818.18	322	$150,000	$135,000
AVERAGES	13.37		575

This month I thought I would also report the number of active listings as well.  As per NWMLS, as of 8/1/10, there were 296 active Residential listings in the Okanogan Valley, with an average days on market of 274 days.  Active Farm and Ranch listings 19, with an average of 257 days on market.  As of 8/5/10, there are 500 active vacant land listings.  Search available properties.
 
FEATURED PROPERTIES

	2.1 acres just north of Tonasket w/power, domestic water, and irrigation $34,500.  SALE PENDING!
	JUST LISTED!  Three bed, 1.75 bath home on one acre w/shop and irrigation.  $120,000 - Seller will finance with 30% down. Details here!

 
TIDBITS AND LINKS
 
Omak Stampede and World-Famous Suicide Race:  August 12-15
 
Okanogan River Garlic Festival at History Park in Tonasket Friday August 22 from 12-8 pm, and Saturday 23rd from 10-4. FREE admission and lots of interesting things to try!  Tonasket Music Boosters will be there to kick off our fundraising for the Tonasket Band to Disneyland!
 
Fire season is here and burn bans are in effect in many areas.  Information here for status of active fires.
 
Okanogan County Fair coming up soon!  September 9-12.  
 
FROM MY KITCHEN TO YOURS...
 
PESTO!!!!
 
I got this from a friend, and it has become a Holan family staple!  I use it in lots of different things - spaghetti, lasagna, pizza, dips, etc.  In case you do not have basil or garlic in your gardens, check your local farmer's markets, because now they are in season!!

3-4 cups basil packed (rinsed and spun dry)

1/2 cup parsley (optional - I usually omit this)

3 cloves garlic 

1 cup fresh grated parmesan or romano cheese

1/2 cup pine nuts or walnuts

2/3 cup olive oil 

juice from one lemon (optional)

salt 

fresh ground pepper

 

In food processor, blend small amount of basil, gradually adding more.  Puree all ingredients, salt and pepper to taste.  Freezes well - I put it in small jelly jars (smallest size available) and use it throughout the year. 

PEARLS OF WISDOM...
Democracy is two wolves and a lamb deciding what to have for dinner. Liberty is a well-armed lamb.  Benjamin Franklin