Ocean Shores and North Beach Newsletter for Real Estate, Events, News, etc. ~ 3rd-Quarter 2015

3rd-Quarter 2015
Ocean Shores/North Beach
Newsletter
Presented by April Swenson,
CRS & Managing Broker for Coldwell Banker Ocean Shores Brokers Real Estate
aswenson25@juno.com      360-589-2777 cell/text      www.OceanShoresInfo.com

 

NOTABLE NEWS and EVENTS 

LOCAL NEWS
 

UPCOMING EVENTS 
  • October 21st-25th ~ Irish Music Festival: Irish music bands play at the Convention Center.
  • November 27th-29th ~ Winter Fanta-Sea Craft Show: buy Christmas crafts/gifts at the Convention Center.
 
 
BUYS IN OCEAN SHORES
 
Click on the following links to view the MLS flyers for some good deals on properties in Ocean Shores:
 
 
 
 
 
 
 
 
 
 
 
 
 



3rd-Quarter 2015 ACTIVITY/UPDATE
(July 1st - Sept 30th)

Here are some very positive numbers:
  • # of Total Listings in Ocean Shores decreased from 841 a year ago to 727 in the 3rd-Q of 2015. 
  • # of Total Pendings in Ocean Shores increased from 57 a year ago to 71 in the 3rd-Q of 2015.
  • # of Total Solds in Ocean Shores increased from 152 a year ago to 181 in the 3rd-Q of 2015.
  • Land is remaining stable, but relatively the same.  The # of Total Listings has decreased a small amount since a year ago.
  • Homes have decreased in the # of Listings, and increased in the # of Solds and the Median Sales Price.

OCEAN SHORES MARKET:

Click on the following links to view the MLS flyers for sold properties (3rd-Quarter of 2015):
Sold Commercial

3rd-Quarter 2015
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings  175  488  46  5  13  727
 Pendings  39  19  11  2  0  71
 Solds  93  75  10  0  3  181
 Sold Volume  $15.4M  $1.948M  $1.358M  $0  $902K  $19.608M
 Sold Median Price  $160K  $14K  $126,475  N/A  185K  
 Avg. Days on Market (solds)  159  354  85  N/A  467  

VS.

3rd-Quarter 2014
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings  235  552  29  7  18  841
 Pendings  35  15  5  1  1  57
 Solds  76  69  4  3  0  152
 Sold Volume  $10.84M  $1.125M  $508,900  $630K  $0  $13.1039M
 Sold Median Price  $139,500  $12K  $125,700  $210K  N/A  
 Avg. Days on Market (solds)  202  259  353  14  N/A  
  
 
 
NORTH BEACH (Ocean City to Moclips) MARKET:

Click on the following links to view the MLS flyers for sold properties (3rd-Quarter of 2015):

3rd-Quarter 2015
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings  75  105  1  2  8  191
 Pendings  8  6  0  0  2  16
 Solds  12  8  0  0  0  20
 Sold Volume  $2.967M  $306,900  $0  $0  $0  $3.2739M
 Sold Median Price  $152,500  $9,900  N/A  N/A  N/A  
 Avg. Days on Market (solds)  247  303  N/A  N/A  N/A  

VS.

3rd-Quarter 2014
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings  71  169  0  0  2  242
 Pendings  7  3  0  0  0  10
 Solds  6  6  0  0  0  12
 Sold Volume  $1.86M  $104K  $0  $0  $0  $1.964M
 Sold Median Price  $313,500  $7,500  N/A  N/A  N/A  
 Avg. Days on Market (solds)  216  340  N/A  N/A  N/A  

NOTE: All of the above data was pulled from the NWMLS and is not guaranteed.



FINANCING NEWS

MORTGAGE NEWS 

Interest rates are down to around 4.125% to 4.25% with 0 points (depending on credit and down payment).  Funding is available through FHA, VA, USDA and Conventional Loans to buy primary and secondary/vacation homes in Ocean Shores and the North Beach.

For more help on getting pre-approved/qualified, contact our local lender, The Bank of the Pacific....Desi Goodwin, the Residential Loan Officer, at 360-500-4003, or e-mail her at dgoodwin@bankofthepacific.com.  You can also contact Saul Schiffner at Wallick & Volk Mortgage Brokers in Bellevue at 425-422-6333, or e-mail him at saul.schiffner@wvmb.com.  Or, Lee Hauser at Wells Fargo in Aberdeen at 360-537-7307, or e-mail her at lee.hauser@wellsfargo.com.



If you ever have any questions about Area Information and Real Estate in Ocean Shores and the North Beach, please do not hesitate to call or e-mail me.
~ April Swenson
360-589-2777 (cell/text) 



Your Beach Destination Awaits You at the #1 Washington Coast Town!

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