Tuesday, May 2, 2017

Ocean Shores and North Beach Newsletter for Real Estate, Events, News ~ 1st-Quarter 2017

1st-Quarter 2017
Ocean Shores/North Beach
Newsletter

Presented by April Swenson,
CRS and 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
 
 
ART SHOW 2017
 
The annual arts show at the Convention Center held in April.  There are paintings, drawings, photography, local student's work, etc.  Check out my pictures on my web site at www.OceanShoresInfo.com/pics/artshow2017.html.
 
 
LOCAL NEWS
 
 
UPCOMING EVENTS 
  • May 13th ~ Youth Fishing Derby:  held at North Bay Park.
  • May 13th-14th ~ Shopping at the Shore:  shopping on Mother's Day weekend at the Convention Center.
  • TBD ~ Clam Digger Rod Run:  huge car display at the Elks Lodge.
  • May 26th-28th ~ Grays Harbor County Expo:  Home show, wood carving, and much more at the Convention Center.
  • June 3rd ~ Toughman Triathalon:  starts and ends at North Bay Park.
  • June 3rd-4th ~ Ocean Shores Festival of Colors:  kite flying on the beach.
  • June 10th ~ Flag Day Parade:  honor Old Glory with this traditional parade.
  • June 23rd-25th ~ Sand & Sawdust Festival:   chainsaw carving and sandcastle building.
  • July 4th ~ Fireworks on the Beach:  let off your own fireworks on the beach.
  • July 7th-9th ~ Ocean Shores Beach Blast:  a family event on the beach.
  • Aug 18th-20th ~ 12's Fan Fest & Beach Party:  celebrating the upcoming Seahawk season.
  • Aug 19th-20th ~ Fun Fly:  novice a nd professional kite flying on the beach.
  • Aug 26th-27th ~ Find Your Treasure Gift Show:  a retail gift and treasure show.
 
 
BUYS IN OCEAN SHORES
 
Click on the following links to view the MLS flyers for some good deals on properties in Ocean Shores:
 
 
 
 
 
 
 
 
 
 
 
 
 
 

1st-Quarter 2017 ACTIVITY/UPDATE
(January 1st - March 31st)
 
 
We have increased since the 1st-quarter of last year.  We have decreased in the number of listings, and increased in our values.   Take a look below at the numbers.
 
 
OCEAN SHORES MARKET:
 
Click on the following links to view the MLS flyers for sold properties (1st-Quarter of 2017):
 
1st-Quarter 2017
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings 120 464 33 3 15 635
 Pendings 49 23 8 3 2 85
 Solds 60 60 10 0 2 132
 Sold Volume $11.41M $1.613M $1.294M $0 $318,750 $14.635M
 Sold Median Price $181,450 $16,750 $113,750 N/A $159,375 
 Avg. Days on Market (solds) 137 519 203 N/A 45 
  
VS.
 
1st-Quarter 2016
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings 146 551 58 1 6 762
 Pendings 39 24 8 1 0 72
 Solds 53 54 9 3 1 120
 Sold Volume $9.362M $1.187M $1.137M $644K $271K $12.601M
 Sold Median Price $163,500 $11K $137,950 $218K $271K 
 Avg. Days on Market (solds) 214 383 103 384 42 
  
 
NORTH BEACH (Ocean City to Moclips) MARKET:
 
Click on the following links to view the MLS flyers for sold properties (1st-Quarter of 2017):
Sold Homes
 
1st-Quarter 2017
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings 46 88 0 2 4 140
 Pendings 6 4 0 0 0 10
 Solds 13 8 0 0 1 22
 Sold Volume $3.52M $1.8M  $0 $0 $60K $5.38M
 Sold Median Price $230K $24,250 N/A N/A $60K 
 Avg. Days on Market (solds) 298 304 N/A N/A 170 
  
VS.
 
1st-Quarter 2016
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings 52 111 2 2 9 176
 Pendings 2 2 0 0 0 4
 Solds 11 5 1 0 0 17
 Sold Volume $2.659M $296K  $180K $0 $0 $3.135M
 Sold Median Price $210K $40K $180K N/A N/A 
 Avg. Days on Market (solds) 341 323 639 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% 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.  
 
 
 
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
aswenson25@juno.com
360-589-2777 (cell/text)
 

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