Ocean Shores and North Beach Newsletter for Real Estate, Events, News ~ 2nd-Quarter 2018
2nd-Quarter/1st-Half 2018
Ocean Shores/North Beach
Newsletter
Newsletter
Presented by April Swenson,
CRS and Managing Broker for
CRS and Managing Broker for
NOTABLE NEWS and EVENTS
INDEPENDENCE DAY on the BEACH
July 4th fell on a Wednesday and of course the town was packed. The evening came and the winds calmed and it was a really nice evening and night. The nighttime brought tons of firework displays. See my video and pictures on my website at www.OceanShoresInfo.com/pics/july4th2018.html.
FIVE STAR DEALERSHIPS SAND and SAWDUST FESTIVAL ~ JUNE 2018
Beautiful weather marked this weekend of fun. One of the best annual events in Ocean Shores. Something new was the Sand Art on the Beach, and of course wood carving creations. Check out my pictures and video on my website at www.OceanShoresInfo.com/pics/sand&sawdustfestival2018.html.
FLAG DAY PARADE ~ JUNE 2018
Ocean Shores honored Old Glory with a traditional parade through the streets of downtown Ocean Shores. Check out my video and pictures on my website at www.OceanShoresInfo.com/pics/flagdayparade2018.html.
KITE FESTIVAL ~ JUNE 2018
Kite flying up and down the downtown beaches of Ocean Shores. There are tons and tons of kites of all shapes and sizes. Check out my video and pictures on my website at www.OceanShoresInfo.com/pics/kitefestival2018.html.
GRAYS HARBOR EXPO ~ MAY 2018
The Ocean Shores Convention Center held this annual event with many vendors, food stands, classic cars, and even a rock wall to climb. Check out my pictures on my web site at www.OceanShoresInfo.com/pics/ghcexpo2018.html.
NEW PICTURES and YOUTUBE VIDEOS UPLOADED
Click on the following links to see my new pictures on my web site (www.OceanShoresInfo.com) and/or my new videos uploaded onto my YouTube site (http://www.youtube.com/AprilSwenson):
- July 4, 2018 Fireworks: https://www.youtube.com/watch?v=-pw6DOmzng0&list=UUhRYWR0DBndaEDmu0zNpztQ
- Five Star Dealerships Sand & Sawdust Festival: https://www.youtube.com/watch?v=X6SolOmCxqw&list=UUhRYWR0DBndaEDmu0zNpztQ
- Flag Day Parade: https://www.youtube.com/watch?v=aOHBPbVZdck&list=UUhRYWR0DBndaEDmu0zNpztQ
- Kite Festival: https://www.youtube.com/watch?v=7yS-XeQD_PU
OTHER NOTABLE LOCAL NEWS
- The S. Razor Clam Dr Bridge is NOW OPEN. After many years of being shut down, we now have the bridge back open. It has a similar design to the Tonquin Ave Bridge.
- The City Council approved the Library Expansion Agreement. See the full story at http://www.northcoastnews.com/news/council-approves-library-expansion-agreement/.
- Surely Sweet Frozen Yogurt is a new business located at 888 Pt Brown Ave NE.
- Seaside Liquidation Center is another new business located at 865 Pt Brown Ave NW. I went into this store the other day and it is neat...it has a bunch of various products, such as food, kitchen items, toys, etc. for really low prices.
UPCOMING EVENTS
- July 4th ~ Let off your own Fireworks on the Beach.
- July 6th-8th ~ Ocean Shores Beach Blast: beach volleyball and some other sports.
- July 21st-22nd ~ Big Top Promotions Gun Show: open to the public.
- July 27th-29th ~ Bikers at the Beach: motorcycle riders gather at the beach.
- August 11th ~ Ocean Shores Woof-a-Thon: dog event.
- August 17th-19th ~ 12's Fan Fest & Beach Party: celebrate the upcoming Seahawks Football Season.
- Aug 31st-Sept 2nd ~ AAOS Arts & Crafts Festival: held at the Convention Center.
- September 1st ~ Paddle-the-Shores: all skill levels are welcome; held at the Oyhut Bay Dock on the Lake Minard Canal.
- September 21st-23rd ~ Whale of a Quilt Show: quilt show held at the Convention Center.
- October 16th-21st ~ Irish Music Festival: largest Irish music festival on the West Coast.
- November 3rd-4th ~ "Run from the Rain" Indoor Kite Flying: held at the Ocean Shores Elementary Gym.
- November 23rd-25th ~ 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/North Beach:
2nd-Quarter/1st-Half 2018 MARKET ACTIVITY/UPDATE(April 1st - June 30th and January 1st - June 30th)
We are having the best year so far compared to the past few years. Here are some very positive numbers:
- # of Sold Properties and the Median Sales Price went up.
- Total # of Listings is down dramatically (from 679 to 503) -- primarily due to the # of Land Listings decreasing from 472 to 328. Out of these 328 listed lots, 95 of them are foreclosed lots owned by the City of Ocean Shores.
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 too.
OCEAN SHORES MARKET:
Click on the following links to view the MLS flyers for sold properties (2nd-Quarter of 2018):
1st-Half 2018
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
Current Listings
(as of 6/30/18) |
139
|
328
|
24
|
1
|
11
|
503
|
Pendings
|
65
|
37
|
8
|
0
|
1
|
111
|
Solds
|
207
|
240
|
26
|
3
|
7
|
483
|
Sold Volume
|
$45M
|
$5.75M
|
$3.28M
|
$829K
|
$4.58M
|
$59.44M
|
Sold Median Price
|
$211K
|
$15K
|
$110,700
|
$275K
|
$285K
| |
Avg. Days on Market (solds)
|
117
|
469
|
125
|
86
|
339
|
VS.
1st-Half 2017
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
Current Listings
(as of 6/30/17) |
143
|
472
|
43
|
4
|
17
|
679
|
Pendings
|
57
|
29
|
6
|
1
|
0
|
93
|
Solds
|
172
|
161
|
26
|
1
|
3
|
363
|
Sold Volume
|
$34.11M
|
$3.97M
|
$3.35M
|
$209,900
|
$398,750
|
$42.04M
|
Sold Median Price
|
$182,750
|
$15K
|
$121,475
|
$209,900
|
$133,750
| |
Avg. Days on Market (solds)
|
124
|
409
|
167
|
189
|
31
|
VS.
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 2018
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
Solds
|
124
|
122
|
12
|
1
|
4
|
263
|
Sold Volume
|
$26.9M
|
$3.13M
|
$1.14M
|
$379K
|
$889K
|
$32.44M
|
Sold Median Price
|
$215K
|
$15,750
|
$97,700
|
$379K
|
$210,950
| |
Avg. Days on Market (solds)
|
103
|
363
|
76
|
71
|
265
|
VS.
2nd-Quarter 2017
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
Solds
|
112
|
101
|
16
|
1
|
1
|
231
|
Sold Volume
|
$22.6M
|
$2.35M
|
$2.06M
|
$209,900
|
$80K
|
$27.3M
|
Sold Median Price
|
$182,750
|
$15K
|
$125,919
|
$209,900
|
$80K
| |
Avg. Days on Market (solds)
|
116
|
347
|
145
|
189
|
3
|
VS.
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 2018):
1st-Half 2018
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
Current Listings (as of 6/30/18)
|
59
|
98
|
0
|
1
|
8
|
166
|
Pendings
|
11
|
10
|
0
|
0
|
1
|
22
|
Solds
|
26
|
17
|
0
|
0
|
0
|
43
|
Sold Volume
|
$9.1M
|
$1.6M
|
$0
|
$0
|
$0
|
$10.7M
|
Sold Median Price
|
$283,500
|
$20K
|
N/A
|
N/A
|
N/A
| |
Avg. Days on Market (solds)
|
107
|
1,609
|
N/A
|
N/A
|
N/A
|
VS.
1st-Half 2017
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
Current Listings (as of 6/30/17)
|
53
|
96
|
0
|
2
|
7
|
158
|
Pendings
|
10
|
6
|
0
|
0
|
0
|
16
|
Solds
|
25
|
19
|
0
|
1
|
1
|
46
|
Sold Volume
|
$8.52M
|
$3.17M
|
$0
|
$325K
|
$60K
|
$12.07M
|
Sold Median Price
|
$230K
|
$28,500
|
N/A
|
$325K
|
$60K
| |
Avg. Days on Market (solds)
|
265
|
528
|
N/A
|
247
|
170
|
VS.
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 2018
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
Solds
|
16
|
13
|
0
|
0
|
0
|
29
|
Sold Volume
|
$5.28M
|
$1.39M
|
$0K
|
$0
|
$0K
|
$6.67M
|
Sold Median Price
|
$283,500
|
$19,500
|
N/A
|
N/A
|
N/A
| |
Avg. Days on Market (solds)
|
87
|
1,859
|
N/A
|
N/A
|
N/A
|
VS.
2nd-Quarter 2017
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
Solds
|
11
|
10
|
0
|
1
|
0
|
22
|
Sold Volume
|
$4.97M
|
$1.32M
|
$0K
|
$325K
|
$0K
|
$6.615M
|
Sold Median Price
|
$510K
|
$48,750
|
N/A
|
$325K
|
N/A
| |
Avg. Days on Market (solds)
|
250
|
757
|
N/A
|
247
|
N/A
|
VS.
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 2018
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
Current Listings (as of 6/30/18)
|
45
|
63
|
16
|
2
|
18
|
144
|
Pendings
|
16
|
2
|
4
|
0
|
1
|
23
|
Solds
|
55
|
10
|
15
|
2
|
3
|
85
|
Sold Volume
|
$10.36M
|
$290K
|
$2.74M
|
$268K
|
$2.2M
|
$15.86M
|
Sold Median Price
|
$170K
|
$29,950
|
$169,900
|
$134K
|
$353K
| |
Avg. Days on Market (solds)
|
117
|
414
|
213
|
151
|
177
|
LONG BEACH PENINSULA (Ilwaco to Surfside Estates) MARKET:
1st-Half 2018
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
Current Listings (as of 6/30/18)
|
170
|
207
|
23
|
0
|
19
|
419
|
Pendings
|
67
|
17
|
4
|
0
|
3
|
91
|
Solds
|
167
|
70
|
21
|
1
|
10
|
269
|
Sold Volume
|
$35.47M
|
$3.67M
|
$3.91M
|
$375K
|
$2.21M
|
$45.63M
|
Sold Median Price
|
$188,474
|
$41,750
|
$158,500
|
$375K
|
$164,500
| |
Avg. Days on Market (solds)
|
108
|
341
|
105
|
12
|
219
|
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 Step Thomasson of Academy Mortgage at 206-799-4129 and steph.thomasson@academymortgage.com. You can also contact Saul Schiffner of 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
~ 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!
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