Ocean Shores and North Beach Newsletter for Real Estate, Events, News ~ 2nd-Q 2019

2nd-Quarter / 1st-Half 2019
Ocean Shores/North Beach
Newsletter
Presented by April Swenson,
CRS & Managing Broker for Coldwell Banker Ocean Shores Brokers Real Estateaswenson25@juno.com    360-589-2777 cell/text    www.OceanShoresInfo.com
 
NOTABLE NEWS and EVENTS
INDEPENDENCE DAY at the BEACH 2019
 
July 4th fell on a Thursday and of course the town was packed.  It was a lovely day and evening.  The nighttime brought tons of firework displays.  See my video and pictures on my website at www.OceanShoresInfo.com/pics/july4th2019.html. 
 
FIVE STAR DEALERSHIPS SAND and SAWDUST FESTIVAL ~ June 2019
 
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/sandsawdustfestival2019.html.    
 
FLAG DAY PARADE ~ June 2019
 
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/flagdayparade2019.html.
 
KITE FESTIVAL ~ June 2019
 
The Grays Harbor Festival of Colors kite festival saw all sorts of kites, shapes, sizes and colors. Check out my pictures and video on my website at www.OceanShoresInfo.com/pics/kitefestival2019.html.     
 
JETTY WAVES ~ January 2019
 
The waves were wild at the Jetty….Check out my pictures on my website at www.OceanShoresInfo.com/pics/jettyjan2019.html.  

NEW 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):

OTHER NOTABLE LOCAL NEWS
  • The City of Ocean Shores issued 88 single-family new home permits for Jan 1st-June 30th, 2019.  You can see the entire report from the Permit Office at https://www.osgov.com/files/2019%20PermitsIssued%20(002).pdf.
  • The new Ace/Buck Electric building is now Open on Pt Brown Ave NW (next to the movie theater).
  • The Ocean Shores Pharmacy will also be making a move over to a new building still under construction by the current location where IGA and Alec's Restaurant are located.
  • New Restaurant Open:  Double Barrel BBQ at 732 Pt Brown Ave NE.  They have good brisket.
  • New Business/Special Food shop:  Back Porch Smoked Meats & Cheese House at 861 Pt Brown Ave NW.  They have some really good meats and cheeses.
 
UPCOMING EVENTS 
  • August 10th ~ Ocean Shores Woof-a-Thon: dog event.
  • Aug 30th-Sept 1st ~ AAOS Arts & Crafts Festival: held at the Convention Center.
  • August 31st ~ Paddle-the-Shores: all skill levels are welcome; held at the Oyhut Bay Dock on the Lake Minard Canal.
  • September 20th-22nd ~ Whale of a Quilt Show: quilt show held at the Convention Center.
  • October 16th-20th ~ Irish Music Festival: largest Irish music festival on the West Coast.
  • Nov 29th-Dec 1st ~ 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-Q/1st-Half 2019
MARKET ACTIVITY/UPDATE
(April 1st-June 30th & January 1st-June 30th)
  • Median Sales Price for Homes increased from $211,000 in 2018 to $229,900 in 2019.
  • Median Sales Price for Lots increased from $15,000 in 2018 to $21,500 in 2019.
  • The # of Listings is down.
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 and homes.
 
OCEAN SHORES MARKET:
 
Click on the following links to view the MLS flyers for sold properties (2nd-Quarter of 2019):
 
1st-Half 2019
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings (as of 6/30/19) 137 201 29 0 10 377
 Pendings 62 43 6 1 0 112
 Solds 167 186 22 0 3 378
 Sold Volume $38.1M $5.47M $2.83M $0 $840K $47.24M
 Sold Median Price $229,900 $21,500 $90,950 N/A $295K 
 Avg. Days on Market (solds) 82 377 89 N/A 188 
 
VS.
 
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 
 
 
 
2nd-Quarter 2019
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds 106 122 11 0 2 241
 Sold Volume $24.68M $3.62M $1.52M $0 $545K $30.365M
 Sold Median Price $232,150 $22,250 $129K N/A $272,500
 
 Avg. Days on Market (solds) 68 387 26 N/A 241 
 
VS.
 
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 
 
 
 
NORTH BEACH (Ocean City to Moclips) MARKET:
 
Click on the following links to view the MLS flyers for sold properties (2nd-Quarter of 2019):
 
1st-Half 2019
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings (as of 6/30/19) 39 84 1 0 7 131
 Pendings 8 5 0 1 0 14
 Solds 33 19 0 0 1 53
 Sold Volume $14.3M $1.96M $0 $0 $125K $16.38M
 Sold Median Price $305K $40K N/A N/A $125K 
 Avg. Days on Market (solds) 118 428 N/A N/A 263 
 
VS.
 
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 
 
 
 
2nd-Quarter 2019
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds 16
 13
 0 0 1 30
 Sold Volume $5.14M $1.76M $0K $0 $125K $7.03M
 Sold Median Price $233,500 $52K N/A N/A $125K 
 Avg. Days on Market (solds) 95 433 N/A N/A 263 
 
VS.
 
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 
 
 
SOUTH BEACH (Westport/Grayland/Ocosta) MARKET: 
 
1st-Half 2019
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings 41 83 18 1 17 160
 Pendings 16 6 5 1 2 30
 Solds 42 19 9 1 4 75
 Sold Volume $8.58M $1.01M $1.77M $269,500 $897K $11.81M
 Sold Median Price $180K $32K $185K
 $269,500
 $186,500 
 Avg. Days on Market (solds) 115 286 117 89 248 
 
 
LONG BEACH PENINSULA (Ilwaco to Surfside Estates) MARKET:
 
1st-Half 2019
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings 149 186 21 4 11 310
 Pendings 44 30 11 3 2 33
 Solds 157 67 21 0 3 583
 Sold Volume $38.6M $3.1M $3.44M $0 $969K $46.11M
 Sold Median Price $210K $38,500 $155K N/A $299K 
 Avg. Days on Market (solds) 115 272 99 N/A 55
 
 
NOTE: All of the above data was pulled from the NWMLS and is not guaranteed.
 

MORTGAGE NEWS
 
Interest rates are still very low at around 3.75%-4% 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.  There are investment and construction loans available as well.

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.  Or, contact Steph Thomasson at Academy Mortgage Corp. in Tumwater at 206-799-4129 or e-mail her at steph.thomasson@academymortgage.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 Swensonaswenson25@juno.com
360-589-2777 (cell/text)
 
 

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

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