Thursday, May 10, 2012

May Real Estate Update for the Okanogan Valley

OKANOGAN VALLEY MARKET REPORT

Home sales were down slightly from last month, but several of the higher priced homes are finally moving!  There were 14 homes sold in April in the Okanogan Valley, with an average of 250 days on the market.  The average sales price was $247,643 - up significantly from an average sales price of $126,847 in March!  As of May 8, there are 254 active residential listings.  Search homes here.  

There were six land sales in April, with an average of 513 days on market.  Currently there are 440 active land listings. There was also one sale in the Farm and Ranch category.  Be sure and check out the Featured Properties section below - lots of listing changes and additions!   

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


APRIL RESIDENTIAL SALES
 CITY  BED  BATH  SQ. FT.  LOT SIZE  YEAR  DOM  ORIG. PRICE  SOLD PRICE
 Okanogan

 1,512  0.23  1944  157  $32,000  $24,000
 Tonasket  1  1.00  948  9.00  1946  62  73,000  64,000
 Okanogan  5  3.00  1,782  0.23  1997  81  90,000  65,000
 Okanogan  3  1.00  1,280  0.12  1921  81  119,500  113,000
 Omak  3  1.00  1,126  0.17  1950  58  139,500  115,000
 Oroville  3  1.75  1,968  0.27  1952  229  120,900  125,000
 Oroville  3  1.00  1,456  2.00  1927  3  139,500  130,000
 Oroville  3  1.75  1,872
 1956  222  169,000  158,000
 Omak  5  2.75  3,058  1.13  1995  297  292,500  225,000
 Oroville  3  3.50  3,171  9.50  1976  431  375,000  309,000
 Tonasket  3  2.75  4,400  21.03  2000  664  550,000  350,000
 Oroville  3  2.50  2,931  0.40  1982  812  879,000  539,000
 Riverside  4  1.00  1,350  100.00  1986  233  395,000  625,000
 Riverside

 1,350  340.00  1986  170  695,000  625,000
 AVERAGES

 2,015

 250  290,771  247,643
APRIL LAND SALES
 CITY  ACRE  DOM  ORIG. PRICE  SOLD PRICE
 Oroville  20.36  22  $35,000  $32,000
 Oroville  20.18  21  34,995  34,995
 Okanogan  0.73  1763  79,900  35,000
 Oroville  3.59  9  52,000  52,000
 Oroville  58.10  1034  217,500  110,000
 Oroville  1.31  231  299,000  299,000
 AVERAGES
 513  119,733  93,833
APRIL FARM AND RANCH SALES
 CITY  SQ. FT.  LOT SIZE  DOM  ORIG. PRICE  SOLD PRICE
Tonasket  1,024  420 acres  131 $389,000  $170,000
FEATURED PROPERTIES

*  Just listed in Aeneas Valley - 3 bedroom home and 19.91 acres with hayfield.

*  Price reduced, and seller is throwing in an additional 20 acres!   Two homes, detached garages, huge barn, 40 acres and much more!

*  Back on market with a reduced price - Creekfront home and 40 acres - HUGE shop and two guest cabins!

96 acre horse property in Aeneas Valley - back on market with a reduced price!

*  Price reduced - Aeneas Valley Cabin and 20 acres!

*  Price reduced - Aeneas Valley log home, barn and 20 acres!  

Reduced again! Home, 12+ acres, good well, and HUGE shop w/heated/insulated work room and own 3/4 bath in Aeneas Valley!