September Real Estate Update for the Okanogan Valley

OKANOGAN VALLEY MARKET REPORT

There were 19 homes sold in the Okanogan Valley in August, up from 18 in July.  The average selling price was $255,107, up from an average of $150,440 in July, with an average marketing time of 148 days.  Land sales were up - there were 13 land sales, compared to 11 in July, with an average of 488 days on the market.  There was also one Farm and Ranch sale in August.  Search homes and land here .  

AUGUST HOME SALES

CITY	BED	BATH	SQ. FT.	LOT SIZE	YEAR	DOM	LIST PRICE	SOLD PRICE
Oroville	0	0.00	640		2003	14	$89,000	$70,000
Oroville	3	1.75	1,370	.19	1959	33	70,000	70,000
Malott	3	2.50	1,792	.72	1978	20	105,000	100,000
Omak	4	2.00	1,782	1.00	1996	230	131,500	125,000
Oroville	3	1.50	2,212	.28	1955	62	129,000	129,000
Omak	4	1.75	2,160	.49	1993	79	199,000	175,000
Oroville	2	2.50	2,876	.46	1977	291	224,900	190000
Omak	3	2.50	1,740	1.30	1994	44	203,300	190,000
Oroville	2	2.00	1,440	.71	1977	21	175,000	195,531
Tonasket	2	.75	1,596	19.92	1990	646	198,000	198,000
Omak	3	1.75	1,732	1.14	1994	476	275,000	242,500
Omak	3	2.50	2,680	4.83	2006	32	248,500	248,500
Okanogan	3	2.75	2,374	2.06	1947	35	262,000	256,000
Oroville	3	2.75	2,880	8.00	1976	104	343,500	315,000
Oroville						266	N/A	325,000
Oroville	2	1.75	1,128	.08	2007	134	384,500	368,500
Oroville	3	2.50	1,898	.08	2008	113	45,900	421,000
Oroville	3	2.00	2,400	.66		76	549,000	528,000
Oroville	3	3.50	1,476	.09	2012	135	778,000	700,000
AVERAGES			1,899			148	$245,061	$255,107

AUGUST LAND SALES

CITY	ACRE	DOM	LIST PRICE	SOLD PRICE
Tonasket	5.20	47	$14,500	$13,750
Tonasket	3.07	314	22,000	18,000
Tonasket	20.22	74	25,000	24,000
Tonasket	20.00	37	29,000	29,000
Oroville	20.00	126	35,000	32,000
Oroville	5.26	14	39,900	34,000
Oroville	7.30	651	49,000	39,999
Omak	28.80	1,704	45,000	45,000
Riverside	20.50	350	53,500	45,000
Wauconda	14.90	49	49,900	45,000
Tonasket	9.75	705	55,000	48,000
Tonasket	20.00	780	48,800	48,800
Tonasket	60.00	1,498	89,900	59,000
AVERAGES	18.07	488	$42,808	$37,042

AUGUST FARM & RANCH SALES

CITY	LOT SIZE	DOM	LIST PRICE	SOLD PRICE
Oroville	15.00	8	$210,000	$160,000
		8	$210,000	$160,000

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

FEATURED PROPERTIES

* SOLD!! Log home, barn and 20 acres in Aeneas Valley!
* SOLD!!  20 Acres in Aeneas Valley
* REDUCED, NOW PENDING!  40 Acres in Aeneas Valley
* REDUCED!  40 acres in Aeneas Valley - great water prospects, views, trees!
* REDUCED!  Off-Grid home, shop, and 20 acres.  Set up w/solar and propane for off-grid self sufficiency!
* JUST LISTED! Just over 4 1/2 acres in Aeneas Valley with community creekfront access!   Adjacent parcel also available!

Call Tina Holan at 509-486-0152
 

June Real Estate Update for the Okanogan Valley

OKANOGAN VALLEY MARKET REPORT

Here is a quick look at the real estate market for the Okanogan Valley!  There were ten homes sold in May, compared to 12 in April.  The average selling price was $103,740, with an average of 395 days on market.  There were nine land sales in May, compared to four in April, with an average marketing time of 568 days.  Search homes and land here.   

MAY HOME SALES

 

CITY	BED	BATH	SQ. FT.	LOT SIZE	YEAR	DOM	LIST PRICE	SOLD PRICE
Oroville	0		850	5.82		577	$37,900	$37,900
Conconully	1	0.75	716		1956	150	53,500	45,000
Okanogan	2	2.00	924	20.00	1983	347	65,000	45,500
Omak	3	.75	1,080		1952	687	135,000	105,000
Omak	3	1.75	1,298	.19	1996	1	119,900	118,000
Omak	3	1.75	2,460	.33	1963	481	145,000	125,000
Tonasket	2	1.75	1,376	7.48	1990	364	159,900	135,000
Oroville	3	1.75	1,680	3.00	1959	112	149,000	135,000
Tonasket	2	2.00	1,740	6.29	1994	723	154,950	145,000
Tonasket	3	2.00	1,248	2.92	2008	510	180,000	146,000
AVERAGES			1,337			395	$120,015	$103,740

MAY LAND SALES

 

CITY	ACRE	DOM	LIST PRICE	SOLD PRICE
Tonasket	2.96	508	$29,000	$17,000
Tonasket	12.00	692	19,900	18,500
Tonasket	3.67	508	36,900	20,900
Tonasket	17.17	5	28,330	28,330
Omak	1.70	1,930	77,500	32,500
Tonasket	20.00	17	32,900	32,900
Omak	4.50	29	39,900	39,900
Wauconda	20.00	1,343	69,000	42,500
Tonasket	57.00	82	96,500	91,500
AVERAGES	15.44	568	47,770	36,003

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

FEATURED PROPERTIES

* HOME SOLD in Aeneas Valley!  

* LAND SOLD in Aeneas Valley!

* LAND SOLD in Aeneas Valley!

* SALE PENDING in Aeneas Valley!

* JUST LISTED in Aeneas Valley - Off Grid Home and Land

* JUST LISTED in Tonasket - Home in Town

* JUST LISTED in Aeneas Valley - Recreational Land 

* JUST LISTED in Aeneas Valley - Two Homes, Shops, Barn, Outbuildings on 40 Acres

January Real Estate Update for the Okanogan Valley

OKANOGAN VALLEY MARKET REPORT
As usual, things slow down a bit here in the winter, so both home and land sales were down in December. There were nine homes sold in the Okanogan Valley, compared to 19 in November, with an average sales price of $143,056 and an average of 149 days on the market. There were four land sales, compared to nine in November, with an average marketing time of 292 days. Search homes and land here.

DECEMBER HOME SALES

CITY	BED	BATH	SQ. FT.	LOT SIZE	YEAR	DOM	LIST PRICE	SOLD PRICE
Omak	3	1.75	1,225	.44	1930	48	$97,500	$86,000
Okanogan	3	1.75	1,740	.24	1932	52	125,000	90,000
Oroville	3	1.00	1,820	.13	1939	136	109,900	95,000
Omak	3	1.50	1,025	.18	1956	49	119,900	113,500
Okanogan	3	1.50	1,400	.60	1972	108	150,000	130,000
Omak	4	2.00	2,158	.12	1940	80	143,300	132,000
Omak	3	2.00	1,140	.14	2011	560	181,000	145,000
Tonasket	3	2.00	2,000	40.00	1994	218	170,000	160,000
Oroville	3	2.50	2,786	1.16	1959	86	399,900	336,000
AVERAGES			1,699			149	166,278	143,056

DECEMBER LAND SALES

CITY	ACRE	DOM	LIST PRICE	SOLD PRICE
Tonasket	19.95	79	$29,900	24,000
Oroville	17.37	863	35,000	33,000
Malott	3.00	48	49,900	45,000
Oroville	1.42	178	318,000	290,000
AVERAGES	10.44	292	108,200	98,000

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

FEATURED PROPERTIES

* Log homes on acreage to chose from: Here, here, here and here!!

* Irrigated farmland in Aeneas Valley!

 Contact Tony or Tina Holan at 509-486-0152

June Real Estate Update for the Okanogan Valley

OKANOGAN VALLEY MARKET SNAPSHOT

Residential sales were down for May, with only 5 home sales in the Okanogan Valley.  The average number of days on market was 185, and the average sales price was $114,300.  There are 16 pending sales, and 273 active residential listings.  Search homes here .  


Land sales for May were up - there were 7 land sales in May, with 16 pending sales and 462 active land listings. 


These are sales reported through the NWMLS, and do not reflect private sales, or those through offices who are not members of the NWMLS.  These statistics are deemed reliable, but are not guaranteed.   

MAY RESIDENTIAL SALES

CITY	BED	BATH	SQ. FT.	LOT SIZE	YEAR	$/SF	DOM	ORIG. PRICE	SOLD PRICE
Oroville			864	00.23	1978	46.30	80	59,900	40,000
Riverside			750	19.70	2006	133.33	202	105,000	100,000
Omak	3	1.75	1,347		1996	84.63	329	122,500	114,000
Omak	4	1.50	1,120		1971	136.16	174	170,000	152,500
Omak	2	1.00	1,150	04.53	1976	143.48	140	150,000	165,000
AVERAGES			1,046			108.78	185	121,480	114,300

FEATURED PROPERTIES

	JUST LISTED in Aeneas Valley - log home and 20 acres with 5-stall horse barn.  Close to national forest!  Two wells with potential to divide property.  $250,000. Photos and details here.
	Back on market, and PRICE REDUCED!  Spacious home, with large shop, barn, riding arena, and 95+ acres in a beautiful end of the road setting.  National forest near.  $410,000. Photos and details here.
	BORDERS NATIONAL FOREST!!  20 acres with sweeping valley views and just about 12 miles from Tonasket.  $30,000 and possible owner financing available.  Contact me for details!

TIDBITS AND LINKS

*  HAPPENING NOW!  Conscious Culture Festival 2011 is June 10th and 11th at the Barter Faire Site at 72 Cayuse Mt Rd. in Tonasket. 

*  Father's Day Fly-In June 19-20th.  


*  Crazy spring so far!  Plenty of rain, and when it quits raining and warms up, snow is melting from the mountains!  The county commissioners have declared a State of Emergency due to the potential for major flooding in the area. 


FROM MY KITCHEN TO YOURS...

Spinach Salad

I got this recipe from a friend - I love these kinds of salads!  And with spinach being in abundance this time of year, thought it would be good to pass along...

Mix together:  Spinach, thin sliced red onion, sliced almonds (or nut of your choice), dried cranberries, feta cheese, balsamic vinegar and olive oil.  

A FAVORITE QUOTE

The greatest thing in this world is not so much where we are, but in what direction we are moving.  Oliver Wendell Holmes.

Join us on FACEBOOK for real estate updates! 


 

May Real Estate Update for the Okanogan Valley

OKANOGAN VALLEY MARKET SNAPSHOT
 
With the warmer weather and spring finally here, things are looking better for real estate!   There were 16 residential sales in April, up from 4 in March, and compared to 9 sales one year ago in April!  Average sold price for April was $176,364 with 281 average days on market, compared to an average sales price of $119,125 in March and 253 days on market.  As of May 11, there are 13 pending sales, and 256 active residential listings.  Search homes here.
 
Land sales were weaker - 3 properties sold in April compared to 4 in March, and 16 solds in April of 2010.  There are 450 active land listings, and 9 pending sales.  
 
These are sales reported through the NWMLS, and do not reflect private sales, or those through offices who are not members of the NWMLS.  These statistics are deemed reliable, but are not guaranteed.  
 
APRIL RESIDENTIAL SALES

CITY	BED	BATH	SQ. FT.	LOT SIZE	YEAR	$/SF	DOM	ORIG. PRICE	SOLD PRICE
Omak	3	2.25	1,848	00.32	1928	21.65	89	$54,450	$40,000
Conconully	1	0.75	672		1955	111.61	128	89,500	75,000
Oroville	2	2.00	2,016		2008	42.16	136	149,900	85,000
Tonasket	2	1.00	1,215	00.59	1984	86.42	1134	165,000	105,000
Omak	0	0.00	1,258	00.21	1946	83.47	284	165,000	105,000
Tonasket	2	0.75	1,215	00.33	1984	86.42	2	109,900	105,000
Oroville	3	1.00	1,236	00.16	1955	93.00	246	114,950	114,950
Tonasket	3	1.75	1,120	21.00	1997	108.93	214	140,000	122,000
Omak	3	2.75	1,459		1995	85.68	66	125,000	125,000
Okanogan	3	2.00	1,438		1927	91.79	32	140,000	132,000
Omak	3	1.00	1,500	00.50	1952	96.67	361	165,000	145,000
Okanogan	3	1.50	1,616	00.44	1935	102.10	93	169,000	165,000
Omak	4	2.50	3,994	00.36	1972	49.54	105	227,500	197,875
Oroville	4	2.75	3,600	00.47	1999	115.28	46	450,000	415,000
Oroville	3	2.25	3,175	00.71	1960	132.28	1109	1,200,000	420,000
Oroville	3	3.00	1,392	00.07	2007	337.64	457	569,000	470,000
AVERAGES			1,797				281	252,138	176,364

 
FEATURED PROPERTIES

PRICE REDUCED!  Now asking $379,000 for this spacious creek front home along Turner Creek in Wauconda, WA .  Nestled into 40 acres there is plenty of room for friends and family to visit with two comfy guest cabins, 2 RV hookups, and plenty more space for tents in a grassy meadow along the creek!   Huge shop with RV parking.  Everything has been upgraded and done very nicely with comfort, entertaining, and self-sufficiency in mind.  And WILDLIFE galore...!

JUST LISTED for $130,000! Nicely updated 2 bedroom, 1.5 bath home near Tonasket on one irrigated acre, with huge 3 car shop with work rooms and lots of storage!  Details and virtual tour here.        Browse all of our listings.

 
TIDBITS AND LINKS
 
*  Last weekend I was able to travel along as a chaperone with my brilliant son (shameless plug!), and about 25+ of Tonasket Middle School's other bright math students to the annual Math Olympiad, which was held at Eastern Washington University.  For our small school, we had a good number of students to qualify for the Math Olympiad, bringing 7 teams to the event.  Three of our teams (including the one my brilliant son was on) brought home ribbons, and Tonasket Middle School was second only to one other school at the event!
 
*  Founder's Day is June 2-5th, and the parade is Saturday the 4th at 11:00.
 
*  Father's Day Fly-In June 19-20th.  

 
FROM MY KITCHEN TO YOURS...
 
Spinach Dip
 
Great with veggies, chips or crackers!

 

10 oz. spinach - chopped

1 cup sour cream

2-3 tbsp. mayo

1 tsp. seasoned salt

1 tbsp. lemon juice

1/2 tsp. dill

1/2 cup chopped green onion

1/2 cup chopped parsley

 
A FAVORITE QUOTE
 
Suburbia is where the developer bulldozes out the trees, then names the streets after them.  Bill Vaughan 1915-1977
 

Seller Tip! Or Buyer for that matter...

Seller financing can be a really great tool that can get deals closed!  Lots of flexibility, deferred capital gains tax for the seller, and a great way to receive nice monthly interest payments in a not so great economy.  Seriously, what is the bank going to pay you on your cash in the bank?  But, what if a seller can't offer seller financing - maybe there are multiple owners involved and they don't want to mess with it, or they just simply want or need all cash?  And what if that seller is trying to sell a property that will not finance - maybe remote raw land, or a home that does not fall into the cookie cutter homes that banks like to finance?  This poses a problem...  Sure, there are buyers with all cash, but they don't come along every day, and they can be very choosy in this kind of market!  

Well, there is a solution to this, and I thought I would pass it along...  There are all kinds of investment firms that buy real estate contracts.  My husband and I receive solicitations for them all the time, and we've disregarded them since we like the monthly interest...  However, they can be very handy for closing deals like I mentioned above.  How they work:  A buyer will offer to buy the property with 20% or more down, and monthly principal and interest payments.  The seller accepts the offer, subject to their being able to sell the contract at closing, and then lines up an investment firm to buy the contract.  So, at closing, two transactions will take place:  1. Seller sells property to buyer on a real estate contract, and 2.  Investment firm buys sellers contract - buyer now makes monthly payments to investment firm, and the seller has cash! 

One caveat to be aware of, and adjust for if needed:  These investment firms will pay the seller a discounted cash price on their contract.  For example, if a $100,000 property gets sold with $20,000 down, and $80,000 on a real estate contract, the investment firm might pay the seller $70,000 (this is a rough estimate - an exact quote for exact circumstances would be required), and assume the contract.  In this case, either the seller will have to decide to accept less at closing, or the buyer will have to offer more to entice the seller into this kind of an offer.  

Search available Okanogan Valley properties here! 

Serving all of your real estate needs in Tonasket and the Okanogan Valley!

Happy Easter!

Happy Easter!

 

~Hope you all are enjoying the holiday with friends and family~

Serving your real estate needs in Tonasket and the Okanogan Valley.

January Real Estate Update for the Okanogan Valley

OKANOGAN VALLEY MARKET SNAPSHOT

The number of homes sold in the Okanogan Valley in December increased to 15, up from 14 in November, with an average sale price increasing to $183,567, up from $161,300 in November.  Average days on market was 254 days, compared to 209 in November. As of 1/7/11, there were 219 active residential listings.  Search homes here.

Vacant land sales were up in December as well, 11 sold in December compared to 6 in November.   

These are sales reported through the NWMLS and do not include private sales or those from offices who are not members of the NWMLS.  These statistics are deemed reliable, but are not guaranteed.  


DECEMBER RESIDENTIAL SALES

CITY	BED	BATH	SQ. FT.	LOT SIZE	YEAR	$/SF	DOM	ORIG. PRICE	SOLD PRICE
Omak	3	1.00	1,846	0.11 ac	1930	35.21	161	$94,900	$65,000
Conconully	3	0.75	1,232		1983	81.17	177	$120,000	$100,000
Tonasket	4	2.25	2,690	1.10 ac	1918	37.17	8	$109,900	$100,000
Oroville	3	1.00	1,820		1939	64.84	330	$128,000	$118,000
Oroville	3	2.00		0.34 ac	1960		349	$174,000	$124,000
Omak	3	1.75	1,152	0.23 ac	1975	124.13	282	$145,000	$143,000
Oroville	3	2.00	1,263	0.16 ac	2006	126.68	123	$174,900	$160,000
Oroville	2	1.00	906	0.26 ac	1971	198.68	183	$98,000	$180,000
Oroville	2	1.50	2,082	0.94 ac	1911	8646	183	$124,900	$180,000
Tonasket	3	2.00	1,560	11.60 ac	1992	116.67	243	$198,000	$182,000
Omak	3	2.00	1,874	0.28 ac	2008	104.06	182	$239,500	$195,000
Oroville	3	2.00	1,276	9.80 ac	1995	160.66	328	$249,950	$205,000
Oroville	3	2.75	2,240	0.51 ac	1993	123.44	721	$309,900	$276,500
Okanogan	3	2.75	3,776	18.91 ac	1996	86.07	241	$405,000	$325,000
Oroville	2	1.75	1,231	0.06 ac	2007	324.94	304	$439,900	$400,000
AVERAGES			1,782				254	$200,790	$183,567

FEATURED PROPERTIES
 

	JUST LISTED!  Hidden creek-front retreat on 40 acres near Wauconda, along Turner Creek.  Spacious home with many upgraded features, 2 guest cabins, 2 RV hook-ups, and abundant wildlife!  Details here , and don't forget to check out the virtual tour - there is just way to much to see!
	Lakefront home and acreage - SOLD for $182,000!
	GREAT BUY!  20 acres in Aeneas Valley just reduced to $23,000!! Nicely treed, and good signs of water in area.  Close to national forest and recreational/fishing lakes. Contact me for more details.

 
TIDBITS AND LINKS

*  NEW!!  Join T&T Real Estate, LLC on FACEBOOK and hear about new listings, price and status changes and more!  

*  Looking for a home?  Now may be the time to buy... Mortgage costs are going up!  Read this article for more information.
*  Check out Sitzmark Ski Hill in the Okanogan Highlands!  Located just 20 minutes northeast of Tonasket, with 80 acres of ski-able terrain; 30% beginner, 60% intermediate, and 10% advanced.


FROM MY KITCHEN TO YOURS...

Creamy Coconut Squares

A friend recently introduced me to this recipe, which uses coconut flour - something I had not tried before, but YUM!  Coconut flour is a high fiber, high protein, gluten-free, not to mention tasty alternative to wheat or other flour.  It also calls for xylitol in place of sugar, a more more healthful alternative.  Look in your local health food store for ingredients. 

1 tbsp. coconut oil

1 8 oz. package cream cheese

1 cube butter (1/4 lb.)

4 large eggs

2 1/2 tsp. vanilla

1 cup coconut flour

1/2 cup xylitol 

 

Pre-heat oven to 350 degrees, grease 11 X 7 pan with coconut oil.  Cream butter, cream cheese and eggs - add remaining ingredients until well blended.  Pour batter into greased pan, bake at 350 degrees for 30 minutes.  Makes 24.

 

A FAVORITE QUOTE

 

Be always at war with your vices, at peace with your neighbors, and let each new year find you a better man.  Benjamin Franklin