Thursday, March 15, 2012

March Real Estate Update for the Okanogan Valley

OKANOGAN VALLEY MARKET REPORT

Residential sales picked up in February - 11 sold compared to five in January.  The average selling price was $153,950, and  average days on market of 126.  As of 3/8/12, there were 204 active residential listings and 18 pending sales.  Search homes here.  

For the third month in a row, there were four land sales in the Okanogan Valley, with an average of 236 days on market. As of3/8/12, there were 417 active land listings and 8 pending sales. 

These are sales reported through the NWMLS for the Okanogan Valley.  They do not reflect the entire county, private sales, or sales from offices who are not affiliated with the NWMLS.  These statistics are deemed reliable, but are not guaranteed.


FEBRUARY RESIDENTIAL SALES
 CITY  BED  BATH  SQ. FT.
 LOT SIZE
 YEAR  DOM  ORIG. PRICE
 SOLD PRICE
 Oroville 2
1.00
1,386
0.32
1920
44
$57,900
$48,000
 Oroville  1  1.00  1,008  20.00  1974  98  75,000  58,750
 Riverside  4  2.00  1,680  6.74  1998  106  114,900  60,500
 Oroville  2    1,710  0.19  1932  167  117,000  117,500
 Tonasket  3  1.00  2,464  1.02  1978  110  243,000  137,000
 Omak  3  1.50  1,775    1963  94  145,000  140,000
 Omak  3  1.75  1,644  0.20  1977  18  185,000  178,000
 Oroville  3  2.00  4,000  2.57  1985  123  219,000  222,000
 Omak  3  2.50  3,338  1.00  1990  213  259,900  222,700
 Omak  4  3.00  3,116    1997  192  249,000  239,000
 Tonasket  4  2.75  2,778  3.17  2003  222  280,000  270,000
 AVERAGES      2,264      126  176,882  153,950

FEBRUARY LAND SALES
 CITY
 ACRE  DOM  ORIG. PRICE
 SOLD PRICE
 Tonasket  10.00  227  $22,500  $21,000
 Tonasket  19.97  84  44,900  30,000
 Tonasket  39.84  599  90,000  40,000
 Conconully  0.31  35  89,000  74,000
 AVERAGES    236  55,100  41,250

FEATURED PROPERTIES

*  SALE PENDING - Beautiful log home in Aeneas Valley!
*  PRICE REDUCED - Spacious home, shop and acreage in Aeneas Valley! 
*  PRICE REDUCED - Newer home, shop and nearly 3 acres in Aeneas Valley!  

*  JUST LISTED - 40 acres in Aeneas Valley - yes, Aeneas Valley is a busy place this month!  Anyway, check it out - it is a very pretty piece of land with a nice mix of pine trees and aspens.