2nd-Quarter/1st-Half 2016
Ocean Shores/North Beach
Newsletter
Newsletter
Presented by April Swenson,
CRS & Managing Broker for Coldwell Banker Ocean Shores Brokers Real Estate
NOTABLE NEWS and EVENTS
INDEPENDENCE DAY on the BEACH
July 4th fell on a Monday and of course the town was packed. It was a beautiful day. The nighttime brought tons of firework displays. See my video and pictures on my web site at www.OceanShoresInfo.com/pics/july4th2016.html.
SAND and SAWDUST FESTIVAL ~ JUNE 2016
Beautiful weather marked this weekend of fun. One of the best annual events in Ocean Shores. Check out the sandcastles and wood carving creations on my web site at www.OceanShoresInfo.com/pics/sand&sawdustfestival2016.html.
FLAG DAY PARADE ~ JUNE 2016
Ocean Shores honored Old Glory with a traditional parade through the streets of downtown Ocean Shores. Check out my video and pictures on my web site at www.OceanShoresInfo.com/pics/flagdayparade2016.html.
GRAYS HARBOR EXPO ~ MAY 2016
The Ocean Shores Convention Center held this annual event with many vendors, food stands, and even ice carvers. Check out my pictures on my web site at www.OceanShoresInfo.com/pics/ghcexpo2016.html.
NEW PICTURES & YOUTUBE VIDEOS UPLOADED
Click on the following links to see my new pictures on my web site (www.OceanShoresInfo.com) and my new videos uploaded onto my YouTube site (http://www.youtube.com/AprilSwenson):
- July 4, 2016 Fireworks: https://www.youtube.com/watch?v=_2zF6_eq00w&list=UUhRYWR0DBndaEDmu0zNpztQ
- Five Star Dealerships Sand & Sawdust Festival: https://www.youtube.com/watch?v=dBSWoywGXiI&list=UUhRYWR0DBndaEDmu0zNpztQ&index=3
- Flag Day Parade: https://www.youtube.com/watch?v=DPFzsIf6pxY&list=UUhRYWR0DBndaEDmu0zNpztQ&index=4
OTHER NOTABLE LOCAL NEWS
- The Kite Festival was held in June.
- The first ever Ocean Shores Beach Blast was held from July 2nd-17th with a small carnival with rides and fair food. The weekend of the 15th was a beach volleyball tournament. That was fun...amateurs were allowed to participate. I hope they come back next year!
- The weekend of August 19th-21st was the Seahawks 12's Fan Fest. Our town was packed! It was neat to see all of the blue and green.
- Airport Appreciation Day was held on August 27th, and there was a 2+hour fireworks show. It was so much fun!
- The County is installing sewers in Illahee (located just outside of Ocean Shores).
UPCOMING EVENTS
- September 9th-11th ~ AAOS Arts & Crafts Festival: held at the Convention Center.
- September 16th-18th ~ Whale of a Quilt Show: quilt show held at the Convention Center.
- October 20th-23rd ~ Irish Music Festival: largest Irish music festival on the West Coast.
- November 25th-27th ~ Winter Fanta-Sea: Christmas shopping 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:
2nd-Quarter/1st-Half 2016
MARKET ACTIVITY/UPDATE(April 1st - June 30th & January 1st - June 30th)
We having the best year so far compared to the past few years. Here are some very positive numbers:
- # of Sold Properties (in all categories) went up dramatically from the 1st-half of 2014 (203 properties and $20M) to the 1st-half of 2015 (297 properties and $30M) to the 1st-half of 2016 (310 properties and $33M).
- # of House Listings went down from 259 on 6/30/14 to 197 on 6/30/15 to 170 on 6/30/16
The numbers below show that Ocean Shores is still one of the leaders for affordability, availability and productivity (# of properties and volume closed) compared to the other beach towns along the Washington Coast. Ocean Shores also offers a lot more availability and affordability for building lots.
OCEAN SHORES MARKET:
Click on the following links to view the MLS flyers for sold properties (2nd-Quarter of 2016):Sold Homes
Sold Lots
Sold Condos
Sold Multi-Family
Sold Commercial
Sold Lots
Sold Condos
Sold Multi-Family
Sold Commercial
1st-Half 2016
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Current Listings (as of 6/30/16) | 170 | 549 | 42 | 2 | 14 | 795 |
| Pendings | 62 | 31 | 7 | 1 | 0 | 101 |
| Solds | 145 | 130 | 29 | 4 | 2 | 310 |
| Sold Volume | $25.56M | $2.65M | $3.61M | $844K | $356K | $33.02M |
| Sold Median Price | $165K | $12,500 | $137,950 | $209K | $178K | |
| Avg. Days on Market (solds) | 150 | 347 | 100 | 663 | 22 |
VS.
1st-Half 2015
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Current Listings (as of 6/30/15) | 197 | 515 | 46 | 6 | 13 | 777 |
| Pendings | 41 | 16 | 4 | 0 | 3 | 64 |
| Solds | 147 | 137 | 7 | 2 | 4 | 297 |
| Sold Volume | $24.27M | $2.951M | $579,200 | $670K | $1.587M | $30.0572M |
| Sold Median Price | $151,500 | $13K | $66K | $335K | $124,950 | |
| Avg. Days on Market (solds) | 216 | 339 | 425 | 196 | 237 |
VS.
1st-Half 2014
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Current Listings (as of 6/30/14) | 259 | 492 | 38 | 3 | 16 | 808 |
| Pendings | 28 | 12 | 1 | 0 | 0 | 41 |
| Solds | 114 | 77 | 6 | 0 | 6 | 203 |
| Sold Volume | $17.073M | $1.85M | $464,500 | $0K | $925K | $20.3125M |
| Sold Median Price | $143,450 | $15K | $61,250 | N/A | $167,500 | |
| Avg. Days on Market (solds) | 267 | 290 | 151 | N/A | 254 |
2nd-Quarter 2016
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Solds | 91 | 74 | 19 | 1 | 1 | 186 |
| Sold Volume | $16.28M | $1.39M | $2.36M | $200K | $85K | $20.315M |
| Sold Median Price | $165K | $14,450 | $140K | $200K | $85K | |
| Avg. Days on Market (solds) | 114 | 330 | 103 | 1498 | 1 |
VS.
2nd-Quarter 2015
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Solds | 97 | 78 | 5 | 2 | 3 | 185 |
| Sold Volume | $17.02M | $1.991M | $344,200 | $670K | $1.529M | $21.554M |
| Sold Median Price | $158K | $15K | $66K | $335K | $150K | |
| Avg. Days on Market (solds) | 192 | 339 | 423 | 196 | 117 |
VS.
2nd-Quarter 2014
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Solds | 62 | 42 | 2 | 0 | 2 | 108 |
| Sold Volume | $8.94M | $1.055M | $70K | $0 | $305K | $10.37M |
| Sold Median Price | $140K | $15K | $35K | N/A | $152,500 | |
| Avg. Days on Market (solds) | 289 | 227 | 154 | N/A | 203 |
NORTH BEACH (Ocean City to Moclips) MARKET:
Click on the following links to view the MLS flyers for sold properties (2nd-Quarter of 2016):Sold Homes
Sold Land
Sold Land
1st-Half 2016
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Current Listings (as of 6/30/16) | 64 | 123 | 2 | 1 | 10 | 200 |
| Pendings | 15 | 5 | 0 | 0 | 0 | 30 |
| Solds | 22 | 10 | 0 | 0 | 0 | 32 |
| Sold Volume | $7.43M | $531,500 | $0 | $0 | $0 | $7.961M |
| Sold Median Price | $325,250 | $38,500 | N/A | N/A | N/A | |
| Avg. Days on Market (solds) | 300 | 491 | N/A | N/A | N/A |
VS.
1st-Half 2015
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Current Listings (as of 6/30/15) | 58 | 160 | 1 | 0 | 1 | 220 |
| Pendings | 3 | 4 | 0 | 0 | 0 | 7 |
| Solds | 33 | 13 | 0 | 0 | 0 | 46 |
| Sold Volume | $10.19M | $337,400 | $0 | $0 | $0 | $10.527M |
| Sold Median Price | $304,500 | $19K | N/A | N/A | N/A | |
| Avg. Days on Market (solds) | 241 | 315 | N/A | N/A | N/A |
VS.
1st-Half 2014
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Current Listings (as of 6/30/14) | 65 | 139 | 1 | 0 | 1 | 206 |
| Pendings | 4 | 0 | 0 | 0 | 0 | 4 |
| Solds | 15 | 4 | 0 | 0 | 0 | 19 |
| Sold Volume | $4.78M | $71K | $0 | $0 | $0 | $4.851M |
| Sold Median Price | $317K | $12,250 | N/A | N/A | N/A | |
| Avg. Days on Market (solds) | 274 | 257 | N/A | N/A | N/A |
2nd-Quarter 2016
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Solds | 12 | 6 | 0 | 0 | 0 | 18 |
| Sold Volume | $5.014M | $278K | $0K | $0K | $0K | $5.292M |
| Sold Median Price | $401K | $46,125 | N/A | N/A | N/A | |
| Avg. Days on Market (solds) | 243 | 550 | N/A | N/A | N/A |
VS.
2nd-Quarter 2015
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Solds | 12 | 10 | 0 | 0 | 0 | 30 |
| Sold Volume | $2.816M | $644,500 | $0K | $0K | $0K | $3.4605M |
| Sold Median Price | $172,500 | $60,750 | N/A | N/A | N/A | |
| Avg. Days on Market (solds) | 348 | 401 | N/A | N/A | N/A |
VS.
2nd-Quarter 2014
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Solds | 8 | 3 | 0 | 0 | 0 | 11 |
| Sold Volume | $2.585M | $28K | $0K | $0K | $0K | $2.613M |
| Sold Median Price | $342,250 | $11K | N/A | N/A | N/A | |
| Avg. Days on Market (solds) | 389 | 254 | N/A | N/A | N/A |
SOUTH BEACH (Westport/Grayland/Ocosta) MARKET:
1st-Half 2016
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Current Listings | 68 | 68 | 19 | 8 | 17 | 180 |
| Pendings | 14 | 5 | 1 | 0 | 0 | 20 |
| Solds | 43 | 15 | 5 | 1 | 2 | 66 |
| Sold Volume | $6.8M | $692K | $648K | $207K | $325K | $8.67M |
| Sold Median Price | $139,500 | $32K | $90K | $207K | $162,500 | |
| Avg. Days on Market (solds) | 190 | 214 | 393 | 77 | 227 |
LONG BEACH PENINSULA (Ilwaco to Surfside Estates) MARKET:
1st-Half 2016
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Current Listings | 221 | 276 | 32 | 5 | 28 | 562 |
| Pendings | 66 | 13 | 7 | 0 | 3 | 89 |
| Solds | 157 | 56 | 9 | 0 | 4 | 226 |
| Sold Volume | $26.39M | $2.53M | $1.91M | $0 | $829K | $31.66M |
| Sold Median Price | $144K | $33,400 | $215K | N/A | $175K | |
| Avg. Days on Market (solds) | 188 | 433 | 76 | N/A | 355 |
NOTE: All of the above data was pulled from the NWMLS and is not guaranteed.
FINANCING NEWS
MORTGAGE NEWS
For more help on getting pre-approved/qualified, contact our local lender, The Bank of the Pacific....Desiree 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. You can also contact 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
~ April Swenson
aswenson25@juno.com
360-589-2777 (cell/text)
360-589-2777 (cell/text)
Your Beach Destination Awaits You at the #1 Washington Coast Town!
