2023 Year-End Ocean Shores/North Beach Real Estate Newsletter
2023 Year-End Review
Ocean Shores/North Beach
Real Estate Newsletter
Presented by April Swenson,
Managing/Designated Broker for
Coldwell Banker Ocean Shores Brokers Real Estate
aswenson25@juno.com 360-589-2777 cell/text www.OceanShoresInfo.com
NOTABLE NEWS and EVENTS
NOTABLE LOCAL NEWS
- The City of Ocean Shores issued 107 Single-family Home Permits in 2023; there were 175 house permits in 2022, 239 house permits in 2021, 197 in 2020, 174 in 2019, 151 in 2018, and 105 in 2017. You can see the entire 2023 report from the City's Permit Office at http://oceanshoresinfo.com/cityinfo/2023permits.pdf.
- We saw freezing temperatures in the 20s two weeks ago. The weather had some gorgeous sunsets though.
- Our City Voters elected a new Mayor, Frank Elduen, in November 2023.
- I was ranked #4 in Ocean Shores and #6 in Grays Harbor County for Total Transactions Closed in 2023.
Some of the 2024 EVENTS
- Renewed Antique Show ~ February 16-18 ~ Convention Center.
- Beachcombers & Glass Float Expo ~ March 1-3 ~ Convention Center.
- Razor Clam Festival & Seafood Extravaganza ~ March 15-17 ~ Convention Center.
- Youth Fishing Derby ~ May 11 ~ North Bay Park.
- Rock & Blues Flea Market Festival ~ May 25-26 ~ Convention Center.
- Festival of Colors Kite Flying ~ May 31- June 2 ~ Beach at Damon Rd.
- Flag Day Parade ~ June 8 ~ Downtown Ocean Shores.
- Five Star Dealership's Sand & Sawdust Festival ~ June 28-30 ~ Convention Center and the Beach.
- Big Top Outdoor Expo ~ July 4-7 ~ Convention Center.
- Grays Harbor Youth Athletics Charity Event ~ July 13 ~ Convention Center.
- Hog Wild Ocean Shores ~ July 26-28 ~ Convention Center.
- AAOS Arts & Crafts Festival ~ August 30 - Sept 1 ~ Convention Center.
- Renewed Antique Show ~ Sept 13-15 ~ Convention Center.
- Celtic Music Festival ~ Oct 22-27 ~ Convention Center and Galway Bay.
- North Beach Paws Annual Dinner & Auction ~ Nov 2 ~ Convention Center.
- Silver Bells at the Shore ~ Nov 23 ~ Convention Center.
- Winter Fanta-Sea ~ Nov 29 - Dec 1 ~ 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:
2023 MARKET ACTIVITY/UPDATE
(January 1st-December 31st)
OCEAN SHORES MARKET:
Click on the following links to view the MLS flyers for sold properties (4th-Quarter of 2023):
2023 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings (as of 12/31/23) | 97 | 153 | 12 | 1 | 3 | 266 |
| Pendings | 12 | 9 | 2 | 0 | 0 | 23 |
| Solds | 320 | 225 | 30 | 2 | 7 | 584 |
| Sold Volume | $133.7M | $15.12M | $6.29M | $1.01M | $7.67M | $163.8M |
| Sold Median Price | $399K | $55K | $187K | $505K | $675K | |
| Avg. Days on Market (solds) | 80 | 112 | 67 | 155 | 111 |
VS.
2022 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings (as of 12/31/22) | 102 | 175 | 9 | 2 | 5 | 293 |
| Pendings | 15 | 5 | 2 | 0 | 0 | 22 |
| Solds | 429 | 307 | 38 | 3 | 6 | 783 |
| Sold Volume | $176.9M | $22.6M | $8.65M | $2.1M | $3.64M | $213.9M |
| Sold Median Price | $399K | $58,900 | $210K | $555K | $530K | |
| Avg. Days on Market (solds) | 48 | 73 | 57 | 89 | 218 |
VS.
2021 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings (as of 12/31/21) | 63 | 125 | 8 | 3 | 4 | 203 |
| Pendings | 44 | 31 | 4 | 0 | 0 | 79 |
| Solds | 496 | 507 | 53 | 6 | 6 | 1,068 |
| Sold Volume | $185.4M | $33.8M | $10.7M | $3.84M | $2.59M | $236.3M |
| Sold Median Price | $350K | $54K | $183K | $534K | $449K | |
| Avg. Days on Market (solds) | 28 | 61 | 136 | 101 | 144 |
VS.
2020 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings (as of 12/31/20) | 32 | 52 | 13 | 1 | 4 | 102 |
| Pendings | 97 | 39 | 5 | 3 | 1 | 145 |
| Solds | 456 | 451 | 39 | 6 | 8 | 960 |
| Sold Volume | $126.3M | $20.6M | $6.47M | $2.11M | $2.31M | $157.8M |
| Sold Median Price | $260K | $33K | $159,950 | $297K | $177,500 | |
| Avg. Days on Market (solds) | 73 | 195 | 120 | 37 | 97 |
VS.
2019 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings (as of 12/31/19) | 100 | 148 | 16 | 1 | 5 | 270 |
| Pendings | 34 | 20 | 0 | 0 | 1 | 55 |
| Solds | 385 | 424 | 46 | 1 | 6 | 862 |
| Sold Volume | $93.9M | $12.63M | $5.12M | $295K | $5.115M | $117M |
| Sold Median Price | $235K | $20K | $80,500 | $295K | $410K | |
| Avg. Days on Market (solds) | 74 | 348 | 85 | 12 | 133 |
VS.
2018 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings (as of 12/31/18) | 90 | 259 | 28 | 2 | 8 | 387 |
| Pendings | 34 | 9 | 1 | 0 | 1 | 45 |
| Solds | 434 | 466 | 50 | 5 | 13 | 968 |
| Sold Volume | $95.78M | $12.69M | $5.82M | $1.24M | $6.25M | $121.7M |
| Sold Median Price | $212,950 | $16K | $89,450 | $225K | $235K | |
| Avg. Days on Market (solds) | 89 | 388 | 139 | 68 | 243 |
VS.
2017 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings (as of 12/31/17) | 98 | 396 | 33 | 0 | 10 | 537 |
| Pendings | 54 | 23 | 6 | 2 | 4 | 89 |
| Solds | 400 | 357 | 55 | 6 | 8 | 826 |
| Sold Volume | $84.47M | $8.96M | $7.44M | $1.82M | $1.94M | $104.6M |
| Sold Median Price | $195K | $15K | $122,950 | $281,250 | $185K | |
| Avg. Days on Market (solds) | 115 | 378 | 158 | 81 | 157 |
VS.
2016 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings (as of 12/31/16) | 128 | 503 | 38 | 4 | 14 | 687 |
| Pendings | 34 | 14 | 6 | 0 | 1 | 55 |
| Solds | 322 | 279 | 53 | 6 | 6 | 666 |
| Sold Volume | $59.6M | $6.38M | $6.52M | $1.29M | $987K | $74.78M |
| Sold Median Price | $169,950 | $14K | $137,950 | $209K | $96K | |
| Avg. Days on Market (solds) | 134 | 381 | 147 | 454 | 157 |
VS.
2015 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings (as of 12/31/15) | 137 | 608 | 49 | 3 | 10 | 807 |
| Pendings | 28 | 7 | 7 | 1 | 1 | 44 |
| Solds | 307 | 262 | 33 | 3 | 7 | 612 |
| Sold Volume | $53.45M | $6.05M | $4.22M | $780K | $2.69M | $67.19M |
| Sold Median Price | $160K | $14K | $130K | $240K | $150K | |
| Avg. Days on Market (solds) | 190 | 352 | 162 | 163 | 336 |
VS.
2014 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings (as of 12/31/14) | 195 | 552 | 28 | 6 | 14 | 795 |
| Pendings | 19 | 12 | 3 | 0 | 1 | 35 |
| Solds | 245 | 190 | 17 | 4 | 8 | 464 |
| Sold Volume | $37.35M | $3.796M | $1.44M | $812,500 | $2.203M | $45.6M |
| Sold Median Price | $143,900 | $12,500 | $85K | $210K | $167,500 | |
| Avg. Days on Market (solds) | 230 | 279 | 246 | 104 | 288 |
2nd-Half 2023 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 170 | 120 | 14 | 1 | 4 | 309 |
| Sold Volume | $70.2M | $8M | $2.84M | $530K | $3.4M | $84.97M |
| Sold Median Price | $391,250 | $58,750 | $175K | $530K | $600K | |
| Avg. Days on Market (solds) | 78 | 113 | 60 | 202 | 139 |
VS.
2nd-Half 2022 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 192 | 119 | 23 | 1 | 0 | 335 |
| Sold Volume | $77.96M | $8.93M | $4.94M | $555K | $0 | $92.4M |
| Sold Median Price | $399,450 | $58K | $165K | $555K | N/A | |
| Avg. Days on Market (solds) | 60 | 80 | 36 | 15 | N/A |
VS.
2nd-Half 2021 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 275 | 224 | 21 | 3 | 3 | 526 |
| Sold Volume | $109.6M | $15.1M | $4.83M | $1.89M | $1.5M | $132.9M |
| Sold Median Price | $366K | $54K | $218K | $497K | $574K | |
| Avg. Days on Market (solds) | 29 | 52 | 26 | 8 | 213 |
VS.
2nd-Half 2020 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 302 | 283 | 28 | 4 | 6 | 623 |
| Sold Volume | $87.5M | $14.3M | $4.85M | $1.74M | $2.05M | $110.4M |
| Sold Median Price | $275K | $35K | $163,975 | $364,500 | $263,250 | |
| Avg. Days on Market (solds) | 65 | 122 | 101 | 44 | 126 |
VS.
2nd-Half 2019 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 215 | 231 | 24 | 1 | 2 | 473 |
| Sold Volume | $54.65M | $7.06M | $2.29M | $295K | $2.075M | $66.37M |
| Sold Median Price | $240K | $20K | $71,750 | $295K | $1.037M | |
| Avg. Days on Market (solds) | 74 | 335 | 81 | 12 | 75 |
VS.
2nd-Half 2018 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 224 | 218 | 22 | 2 | 6 | 472 |
| Sold Volume | $50.02M | $6.6M | $2.26M | $418K | $1.67M | $60.97M |
| Sold Median Price | $214,900 | $18K | $66K | $209K | $226,500 | |
| Avg. Days on Market (solds) | 65 | 295 | 153 | 41 | 75 |
VS.
2nd-Half 2017 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 224 | 190 | 28 | 5 | 5 | 452 |
| Sold Volume | $49.46M | $4.8M | $4M | $1.61M | $1.73M | $61.6M |
| Sold Median Price | $201,500 | $15K | $137K | $305K | $250K | |
| Avg. Days on Market (solds) | 108 | 335 | 154 | 59 | 151 |
VS.
2nd-Half 2016 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 174 | 149 | 23 | 2 | 4 | 352 |
| Sold Volume | $33.15M | $3.55M | $2.86M | $448,600 | $631K | $40.64M |
| Sold Median Price | $175K | $14,500 | $122,950 | $224,300 | $96K | |
| Avg. Days on Market (solds) | 119 | 401 | 192 | 37 | 225 |
VS.
2nd-Half 2015 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 159 | 125 | 26 | 1 | 3 | 314 |
| Sold Volume | $29.04M | $3.1M | $3.65M | $110K | $902K | $36.8M |
| Sold Median Price | $166K | $16,250 | $141,475 | $110K | $185K | |
| Avg. Days on Market (solds) | 168 | 367 | 92 | 98 | 467 |
VS.
2nd-Half 2014 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 129 | 111 | 11 | 4 | 2 | 257 |
| Sold Volume | $20.03M | $1.91M | $978,400 | $812,500 | $1.278M | $25M |
| Sold Median Price | $144K | $12K | $99K | $210K | $639K | |
| Avg. Days on Market (solds) | 200 | 268 | 293 | 104 | 388 |
4th-Quarter 2023 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 64 | 47 | 6 | 0 | 2 | 119 |
| Sold Volume | $25.12M | $2.84M | $1.38M | $0 | $1.02M | $30.36M |
| Sold Median Price | $373,975 | $55K | $189,500 | N/A | $512K | |
| Avg. Days on Market (solds) | 94 | 143 | 52 | N/A | 17 |
VS.
4th-Quarter 2022 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 79 | 52 | 8 | 1 | 0 | 140 |
| Sold Volume | $29.2M | $3.65M | $1.65M | $555K | $0 | $35M |
| Sold Median Price | $379,900 | $57K | $164,450 | $555K | N/A | |
| Avg. Days on Market (solds) | 75 | 104 | 43 | 15 | N/A |
VS.
4th-Quarter 2021 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 129 | 96 | 13 | 1 | 1 | 240 |
| Sold Volume | $51.7M | $5.93M | $3.47M | $497K | $150K | $61.7M |
| Sold Median Price | $374,900 | $50,250 | $220K | $497K | $150K | |
| Avg. Days on Market (solds) | 36 | 69 | 30 | 13 | 10 |
VS.
4th-Quarter 2020 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 131 | 114 | 8 | 2 | 1 | 256 |
| Sold Volume | $38.7M | $6.95M | $1.63M | $1.14M | $200K | $48.6M |
| Sold Median Price | $282,500 | $37,750 | $208,325 | $572,500 | $200K | |
| Avg. Days on Market (solds) | 55 | 63 | 35 | 57 | 1 |
VS.
4th-Quarter 2019 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 97 | 97 | 10 | 0 | 1 | 205 |
| Sold Volume | $24.3M | $3.19M | $1M | $0 | $450K | $28.94M |
| Sold Median Price | $239,900 | $22,900 | $80,500 | N/A | $450K | |
| Avg. Days on Market (solds) | 88 | 337 | 49 | N/A | 91 |
VS.
4th-Quarter 2018 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 91 | 87 | 7 | 1 | 3 | 189 |
| Sold Volume | $19.28M | $2.43M | $547K | $193K | $892K | $23.34M |
| Sold Median Price | $209,900 | $18K | $65K | $193K | $218K | |
| Avg. Days on Market (solds) | 67 | 286 | 77 | 58 | 95 |
VS.
4th-Quarter 2017 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 112 | 71 | 12 | 4 | 3 | 202 |
| Sold Volume | $25M | $2.06M | $1.82M | $1.16M | $1.1M | $31.14M |
| Sold Median Price | $208K | $17,500 | $167,500 | $281,250 | $185K | |
| Avg. Days on Market (solds) | 117 | 344 | 72 | 74 | 144 |
VS.
4th-Quarter 2016 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 76 | 60 | 8 | 1 | 3 | 148 |
| Sold Volume | $15.76M | $1.19M | $1.047M | $325K | $602K | $18.92M |
| Sold Median Price | $192K | $12,250 | $131K | $325K | $105K | |
| Avg. Days on Market (solds) | 137 | 402 | 133 | 21 | 293 |
VS.
4th-Quarter 2015 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 66 | 50 | 14 | 1 | 0 | 131 |
| Sold Volume | $13.6M | $1.15M | $1.97M | $110K | $0 | $16.83M |
| Sold Median Price | $182,250 | $20K | $141,475 | $110K | N/A | |
| Avg. Days on Market (solds) | 180 | 386 | 105 | 98 | N/A |
VS.
4th-Quarter 2014 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 53 | 42 | 7 | 1 | 2 | 105 |
| Sold Volume | $9.19M | $789K | $469,500 | $182,500 | $1.278M | $11.9M |
| Sold Median Price | $159,900 | $12,250 | $47K | $182,500 | $639K | |
| Avg. Days on Market (solds) | 197 | 283 | 259 | 373 | 388 |
NORTH BEACH (Ocean City to Moclips) MARKET:
Click on the following links to view the MLS flyers for sold properties (4th-Quarter of 2023):
2023 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings (as of 12/31/23) | 30 | 49 | 0 | 0 | 1 | 80 |
| Pendings | 1 | 3 | 0 | 0 | 0 | 4 |
| Solds | 84 | 33 | 3 | 0 | 2 | 122 |
| Sold Volume | $64.75M | $5.45M | $1.6M | $0 | $1.11M | $72.91M |
| Sold Median Price | $814,705 | $80K | $359K | N/A | $556,250 | |
| Avg. Days on Market (solds) | 43 | 81 | 279 | N/A | 49 |
VS.
2022 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings (as of 12/31/22) | 18 | 49 | 3 | 0 | 5 | 75 |
| Pendings | 5 | 4 | 2 | 0 | 0 | 11 |
| Solds | 105 | 72 | 8 | 0 | 3 | 188 |
| Sold Volume | $78.2M | $11.9M | $4.53M | $0 | $1.5M | $96.1M |
| Sold Median Price | $735,327 | $96K | $584K | N/A | $400K | |
| Avg. Days on Market (solds) | 22 | 120 | 13 | N/A | 119 |
VS.
2021 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
Current Listings (as of 12/31/21) | 10 | 50 | 0 | 1 | 4 | 65 |
| Pendings | 5 | 7 | 0 | 0 | 1 | 13 |
| Solds | 111 | 93 | 4 | 1 | 8 | 217 |
| Sold Volume | $79.4M | $12.1M | $1.37M | $375K | $14.26M | $107.5M |
| Sold Median Price | $625K | $87,500 | $327K | $375K | $540K | |
| Avg. Days on Market (solds) | 44 | 425 | 224 | 462 | 417 |
VS.
2020 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
Current Listings (as of 12/31/20) | 16 | 63 | 6 | 0 | 6 | 91 |
| Pendings | 12 | 11 | 0 | 1 | 0 | 24 |
| Solds | 110 | 78 | 2 | 2 | 1 | 193 |
| Sold Volume | $53.3M | $12.8M | $250K | $575K | $384K | $67.3M |
| Sold Median Price | $422,250 | $55K | $125K | $287,500 | $384K | |
| Avg. Days on Market (solds) | 86 | 382 | 149 | 313 | 1,468 |
VS.
2019 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
Current Listings (as of 12/31/19) | 34 | 86 | 1 | 3 | 5 | 129 |
| Pendings | 10 | 5 | 0 | 0 | 0 | 15 |
| Solds | 71 | 49 | 3 | 1 | 3 | 127 |
| Sold Volume | $32.3M | $4.09M | $425K | $275K | $820K | $37.9M |
| Sold Median Price | $360K | $40K | $125K | $275K | $185K | |
| Avg. Days on Market (solds) | 149 | 756 | 16 | 24 | 355 |
VS.
2018 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
Current Listings (as of 12/31/18) | 31 | 85 | 0 | 1 | 8 | 125 |
| Pendings | 8 | 2 | 0 | 0 | 0 | 10 |
| Solds | 61 | 55 | 0 | 0 | 1 | 117 |
| Sold Volume | $21.6M | $3.65M | $0 | $0 | $310K | $25.56M |
| Sold Median Price | $292K | $19,500 | N/A | N/A | $310K | |
| Avg. Days on Market (solds) | 126 | 917 | N/A | N/A | 104 |
VS.
2017 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
Current Listings (as of 12/31/17) | 45 | 82 | 0 | 1 | 5 | 133 |
| Pendings | 1 | 5 | 0 | 0 | 0 | 6 |
| Solds | 68 | 39 | 2 | 1 | 1 | 111 |
| Sold Volume | $24.95M | $4.31M | $460K | $325K | $60K | $30.1M |
| Sold Median Price | $281,600 | $40K | $230K | $325K | $60K | |
| Avg. Days on Market (solds) | 220 | 640 | 8 | 247 | 170 |
VS.
2016 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
Current Listings (as of 12/31/16) | 40 | 99 | 0 | 2 | 3 | 144 |
| Pendings | 7 | 0 | 0 | 0 | 0 | 7 |
| Solds | 59 | 37 | 0 | 0 | 0 | 96 |
| Sold Volume | $21.22M | $2M | $0 | $0 | $0 | $23.22M |
| Sold Median Price | $350K | $36K | N/A | N/A | N/A | |
| Avg. Days on Market (solds) | 237 | 711 | N/A | N/A | N/A |
VS.
2015 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
Current Listings (as of 12/31/15) | 44 | 115 | 2 | 2 | 7 | 170 |
| Pendings | 6 | 7 | 0 | 0 | 0 | 13 |
| Solds | 42 | 38 | 0 | 0 | 1 | 81 |
| Sold Volume | $9.97M | $2.4M | $0 | $0 | $200K | $12.57M |
| Sold Median Price | $155K | $21,500 | N/A | N/A | $200K | |
| Avg. Days on Market (solds) | 302 | 334 | N/A | N/A | 63 |
VS.
2014 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
Current Listings (as of 12/31/14) | 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 | $10.52M |
| 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 |
2nd-Half 2023 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 34 | 15 | 3 | 0 | 1 | 53 |
| Sold Volume | $27M | $4.18M | $1.6M | $0 | $275K | $33.05M |
| Sold Median Price | $835,096 | $125K | $359K | N/A | $275K | |
| Avg. Days on Market (solds) | 59 | 88 | 279 | N/A | 32 |
VS.
2nd-Half 2022 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 54 | 37 | 2 | 0 | 0 | 93 |
| Sold Volume | $41.5M | $5.1M | $688K | $0 | $0 | $47.2M |
| Sold Median Price | $772,500 | $105K | $334K | N/A | N/A | |
| Avg. Days on Market (solds) | 24 | 122 | 20 | N/A | N/A |
VS.
2nd-Half 2021 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 68 | 45 | 3 | 0 | 5 | 121 |
| Sold Volume | $48.9M | $6.8M | $1.04M | $0 | $13.1M | $69.84M |
| Sold Median Price | $637K | $120K | $325K | N/A | $800K | |
| Avg. Days on Market (solds) | 35 | 423 | 237 | N/A | 442 |
VS.
2nd-Half 2020 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 78 | 54 | 2 | 2 | 1 | 137 |
| Sold Volume | $41M | $10.3M | $250K | $575K | $384K | $52.51M |
| Sold Median Price | $491,250 | $68K | $125K | $287,500 | $384K | |
| Avg. Days on Market (solds) | 82 | 340 | 149 | 313 | 1,468 |
VS.
2nd-Half 2019 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 37 | 30 | 3 | 1 | 2 | 73 |
| Sold Volume | $17.54M | $2.13M | $425K | $275K | $695K | $21.06M |
| Sold Median Price | $405K | $37K | $125K | $275K | $347,500 | |
| Avg. Days on Market (solds) | 175 | 964 | 16 | 24 | 499 |
VS.
2nd-Half 2018 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 45 | 34 | 0 | 0 | 1 | 80 |
| Sold Volume | $14.9M | $2M | $0 | $0K | $310K | $17.2M |
| Sold Median Price | $284K | $22K | N/A | N/A | $310K | |
| Avg. Days on Market (solds) | 158 | 641 | N/A | N/A | 104 |
VS.
2nd-Half 2017 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 43 | 21 | 2 | 0 | 0 | 66 |
| Sold Volume | $16.43M | $1.19M | $460K | $0K | $0 | $18.08M |
| Sold Median Price | $295K | $40K | $230K | N/A | N/A | |
| Avg. Days on Market (solds) | 194 | 713 | 8 | N/A | N/A |
VS.
2nd-Half 2016 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 36 | 26 | 0 | 0 | 0 | 62 |
| Sold Volume | $13.54M | $1.43M | $0K | $0K | $0 | $14.97M |
| Sold Median Price | $354K | $31,375 | N/A | N/A | N/A | |
| Avg. Days on Market (solds) | 203 | 822 | N/A | N/A | N/A |
VS.
2nd-Half 2015 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 27 | 18 | 0 | 0 | 1 | 46 |
| Sold Volume | $6.608M | $1.167M | $0K | $0K | $200K | $7.97M |
| Sold Median Price | $182K | $17,450 | N/A | N/A | $200K | |
| Avg. Days on Market (solds) | 283 | 387 | N/A | N/A | 63 |
VS.
2nd-Half 2014 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 17 | 9 | 0 | 0 | 0 | 26 |
| Sold Volume | $5.263M | $253,900 | $0K | $0K | $0K | $5.51M |
| Sold Median Price | $290K | $19K | N/A | N/A | N/A | |
| Avg. Days on Market (solds) | 202 | 361 | N/A | N/A | N/A |
4th-Quarter 2023 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 15 | 2 | 2 | 0 | 0 | 19 |
| Sold Volume | $10.15M | $88K | $1.27M | $0 | $0 | $11.5M |
| Sold Median Price | $633,755 | $44K | $635,250 | N/A | N/A | |
| Avg. Days on Market (solds) | 57 | 295 | 256 | N/A | N/A |
VS.
4th-Quarter 2022 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 32 | 8 | 1 | 0 | 0 | 41 |
| Sold Volume | $24.3M | $1.5M | $310K | $0 | $0 | $26.1M |
| Sold Median Price | $720,750 | $117,500 | $310K | N/A | N/A | |
| Avg. Days on Market (solds) | 38 | 283 | 40 | N/A | N/A |
VS.
4th-Quarter 2021 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 34 | 16 | 2 | 0 | 1 | 53 |
| Sold Volume | $26.8M | $2.88M | $593K | $0 | $7M | $37.2M |
| Sold Median Price | $672K | $132,500 | $296K | N/A | $7M | |
| Avg. Days on Market (solds) | 43 | 230 | 304 | N/A | 0 |
VS.
4th-Quarter 2020 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 36 | 28 | 0 | 2 | 0 | 66 |
| Sold Volume | $19.3M | $7.6M | $0 | $575K | $0 | $27.4M |
| Sold Median Price | $495,750 | $65K | N/A | $287,500 | N/A | |
| Avg. Days on Market (solds) | 85 | 373 | N/A | 313 | N/A |
VS.
4th-Quarter 2019 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 16 | 15 | 2 | 0 | 2 | 35 |
| Sold Volume | $6.97M | $1.03M | $300K | $0 | $695K | $8.99M |
| Sold Median Price | $410K | $45K | $150K | N/A | $347,500 | |
| Avg. Days on Market (solds) | 71 | 649 | 1 | N/A | 499 |
VS.
4th-Quarter 2018 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 20 | 15 | 0 | 0 | 0 | 35 |
| Sold Volume | $8M | $1.26M | $0 | $0 | $0 | $9.26M |
| Sold Median Price | $320,250 | $25K | N/A | N/A | N/A | |
| Avg. Days on Market (solds) | 166 | 379 | N/A | N/A | N/A |
VS.
4th-Quarter 2017 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 15 | 6 | 2 | 0 | 0 | 23 |
| Sold Volume | $6.68M | $316K | $460K | $0 | $0 | $7.45M |
| Sold Median Price | $375K | $42K | $230K | N/A | N/A | |
| Avg. Days on Market (solds) | 81 | 296 | 8 | N/A | N/A |
VS.
4th-Quarter 2016 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 18 | 12 | 0 | 0 | 0 | 30 |
| Sold Volume | $7.54M | $511,750 | $0 | $0 | $0 | $8.05M |
| Sold Median Price | $400K | $32,375 | N/A | N/A | N/A | |
| Avg. Days on Market (solds) | 257 | 1,115 | N/A | N/A | N/A |
VS.
4th-Quarter 2015 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 13 | 11 | 0 | 0 | 1 | 25 |
| Sold Volume | $3.722M | $1.147M | $0 | $0K | $200K | $5.07M |
| Sold Median Price | $185K | $29K | N/A | N/A | $200K | |
| Avg. Days on Market (solds) | 271 | 408 | N/A | N/A | 63 |
VS.
4th-Quarter 2014 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 11 | 4 | 0 | 0 | 0 | 15 |
| Sold Volume | $3.4M | $175,900 | $0 | $0K | $0K | $3.57M |
| Sold Median Price | $290K | $24K | N/A | N/A | N/A | |
| Avg. Days on Market (solds) | 195 | 306 | N/A | N/A | N/A |
SOUTH BEACH (Westport/Grayland/Ocosta) MARKET:
2023 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 42 | 17 | 7 | 0 | 5 | 71 |
| Pendings | 4 | 1 | 1 | 0 | 1 | 7 |
| Solds | 72 | 36 | 14 | 1 | 4 | 127 |
| Sold Volume | $27.74M | $8.05M | $3.37M | $385K | $5.3M | $44.85M |
| Sold Median Price | $357,500 | $102,500 | $300K | $385K | $1.33M | |
| Avg. Days on Market (solds) | 58 | 124 | 42 | 2 | 107 |
2022 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 16 | 17 | 3 | 1 | 2 | 38 |
| Pendings | 7 | 4 | 2 | 1 | 1 | 15 |
| Solds | 71 | 38 | 22 | 1 | 8 | 140 |
| Sold Volume | $27.2M | $5.86M | $6.83M | $310K | $3.18M | $43.38M |
| Sold Median Price | $340K | $99,500 | $371K | $310K | $207,500 | |
| Avg. Days on Market (solds) | 28 | 87 | 57 | 20 | 45 |
2021 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 8 | 24 | 5 | 0 | 2 | 39 |
| Pendings | 10 | 4 | 5 | 0 | 2 | 21 |
| Solds | 99 | 75 | 46 | 4 | 7 | 231 |
| Sold Volume | $28.9M | $8.4M | $14.7M | $1.41M | $3.42M | $56.8M |
| Sold Median Price | $245K | $83K | $360K | $289K | $300K | |
| Avg. Days on Market (solds) | 26 | 85 | 25 | 33 | 99 |
2020 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 6 | 23 | 4 | 0 | 3 | 36 |
| Pendings | 6 | 14 | 6 | 0 | 0 | 26 |
| Solds | 90 | 87 | 39 | 3 | 8 | 227 |
| Sold Volume | $21.2M | $8.5M | $7.47M | $632,500 | $3.45M | $41.25M |
| Sold Median Price | $219K | $60K | $195K | $236K | $337,500 | |
| Avg. Days on Market (solds) | 84 | 206 | 90 | 116 | 321 |
2019 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 28 | 45 | 8 | 1 | 9 | 91 |
| Pendings | 13 | 7 | 2 | 0 | 6 | 28 |
| Solds | 101 | 45 | 24 | 2 | 7 | 179 |
| Sold Volume | $21.8M | $3.14M | $4.84M | $671,500 | $1.44M | $31.89M |
| Sold Median Price | $189K | $44,900 | $191K | $335,750 | $165K | |
| Avg. Days on Market (solds) | 103 | 290 | 116 | 49 | 226 |
2018 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 24 | 48 | 8 | 3 | 12 | 95 |
| Pendings | 7 | 5 | 1 | 1 | 0 | 14 |
| Solds | 108 | 28 | 27 | 2 | 10 | 175 |
| Sold Volume | $20.39M | $1.51M | $4.93M | $268K | $4.35M | $31.45M |
| Sold Median Price | $171K | $38,750 | $175K | $134K | $359K | |
| Avg. Days on Market (solds) | 112 | 362 | 175 | 151 | 211 |
2017 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 35 | 48 | 12 | 2 | 15 | 112 |
| Pendings | 3 | 0 | 2 | 0 | 0 | 5 |
| Solds | 103 | 25 | 18 | 5 | 6 | 157 |
| Sold Volume | $15.63M | $1.43M | $2.63M | $1.2M | $630K | $21.52M |
| Sold Median Price | $125K | $35K | $150,750 | $205K | $72,500 | |
| Avg. Days on Market (solds) | 115 | 320 | 95 | 277 | 336 |
2016 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 46 | 66 | 10 | 6 | 18 | 146 |
| Pendings | 9 | 4 | 1 | 1 | 0 | 15 |
| Solds | 85 | 27 | 11 | 1 | 3 | 127 |
| Sold Volume | $13.59M | $1.25M | $1.78M | $207K | $450K | $17.27M |
| Sold Median Price | $140K | $32K | $123K | $207K | $125K | |
| Avg. Days on Market (solds) | 172 | 207 | 320 | 77 | 261 |
2015 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 44 | 50 | 12 | 3 | 11 | 120 |
| Pendings | 8 | 2 | 1 | 0 | 2 | 13 |
| Solds | 67 | 36 | 16 | 4 | 6 | 129 |
| Sold Volume | $10.13M | $4.75M | $2.29M | $523,400 | $2.2M | $19.8M |
| Sold Median Price | $132K | $39,500 | $147,500 | $142,550 | $225K | |
| Avg. Days on Market (solds) | 224 | 370 | 199 | 20 | 210 |
2014 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 62 | 74 | 13 | 2 | 15 | 166 |
| Pendings | 5 | 2 | 0 | 1 | 0 | 8 |
| Solds | 65 | 20 | 20 | 1 | 3 | 109 |
| Sold Volume | $8.4M | $826,300 | $2.55M | $99K | $504K | $12.38M |
| Sold Median Price | $116K | $25K | $143K | $99K | $144K | |
| Avg. Days on Market (solds) | 179 | 276 | 108 | 25 | 166 |
LONG BEACH PENINSULA (Ilwaco to Surfside Estates) MARKET:
2023 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 88 | 96 | 13 | 2 | 8 | 207 |
| Pendings | 17 | 9 | 1 | 0 | 1 | 28 |
| Solds | 316 | 146 | 25 | 6 | 5 | 498 |
| Sold Volume | $119.2M | $19.3M | $7.28M | $2.78M | $3.1M | $151.6M |
| Sold Median Price | $344,500 | $98K | $275K | $467,500 | $400K | |
| Avg. Days on Market (solds) | 71 | 87 | 48 | 0 | 111 |
VS.
2022 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 83 | 82 | 6 | 2 | 4 | 177 |
| Pendings | 29 | 10 | 1 | 1 | 0 | 41 |
| Solds | 353 | 191 | 31 | 1 | 11 | 587 |
| Sold Volume | $133.6M | $21.1M | $8.24M | $589K | $5.94M | $169.4M |
| Sold Median Price | $340K | $92,900 | $260K | $589K | $420K | |
| Avg. Days on Market (solds) | 44 | 65 | 35 | 0 | 109 |
VS.
2021 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 43 | 67 | 2 | 0 | 5 | 117 |
| Pendings | 37 | 28 | 2 | 0 | 1 | 68 |
| Solds | 474 | 251 | 70 | 2 | 14 | 811 |
| Sold Volume | $168.2M | $23.1M | $18.1M | $2.18M | $5.44M | $217M |
| Sold Median Price | $315,500 | $75K | $223K | $1.09M | $315K | |
| Avg. Days on Market (solds) | 34 | 96 | 22 | 29 | 139 |
VS.
2020 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 39 | 54 | 5 | 1 | 11 | 110 |
| Pendings | 45 | 16 | 8 | 1 | 3 | 73 |
| Solds | 392 | 225 | 70 | 2 | 9 | 698 |
| Sold Volume | $108.1M | $14.8M | $11.9M | $1.04M | $3.85M | $139.7M |
| Sold Median Price | $244,450 | $49,500 | $152K | $520K | $385K | |
| Avg. Days on Market (solds) | 70 | 264 | 115 | 42 | 312 |
VS.
2019 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 93 | 145 | 21 | 4 | 10 | 273 |
| Pendings | 29 | 4 | 2 | 1 | 3 | 39 |
| Solds | 368 | 172 | 48 | 7 | 6 | 601 |
| Sold Volume | $89.4M | $9.41M | $8.41M | $2.71M | $1.37M | $111.3M |
| Sold Median Price | $220K | $43,350 | $179K | $350K | $215K | |
| Avg. Days on Market (solds) | 98 | 221 | 95 | 169 | 144 |
VS.
2018 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 124 | 151 | 17 | 3 | 15 | 310 |
| Pendings | 22 | 7 | 2 | 0 | 2 | 33 |
| Solds | 399 | 158 | 37 | 5 | 17 | 616 |
| Sold Volume | $86.5M | $8.73M | $6.75M | $1.77M | $3.2M | $106.9M |
| Sold Median Price | $199K | $42,500 | $176,800 | $375K | $160K | |
| Avg. Days on Market (solds) | 98 | 271 | 109 | 36 | 294 |
VS.
2017 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 117 | 151 | 12 | 5 | 23 | 308 |
| Pendings | 27 | 16 | 5 | 1 | 1 | 50 |
| Solds | 381 | 166 | 47 | 4 | 5 | 603 |
| Sold Volume | $77.5M | $8.03M | $6.82M | $817K | $1.78M | $94.9M |
| Sold Median Price | $174,900 | $37,125 | $134,900 | $162,500 | $242K | |
| Avg. Days on Market (solds) | 125 | 311 | 185 | 258 | 436 |
VS.
2016 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 123 | 213 | 14 | 8 | 24 | 382 |
| Pendings | 44 | 22 | 3 | 1 | 0 | 70 |
| Solds | 380 | 125 | 30 | 0 | 9 | 544 |
| Sold Volume | $66.2M | $5.3M | $5.09M | $0 | $3.05M | $79.64M |
| Sold Median Price | $149,500 | $32K | $189K | N/A | $220K | |
| Avg. Days on Market (solds) | 149 | 336 | 113 | N/A | 388 |
VS.
2015 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 141 | 179 | 15 | 0 | 20 | 355 |
| Pendings | 40 | 12 | 1 | 0 | 0 | 53 |
| Solds | 348 | 123 | 36 | 2 | 3 | 512 |
| Sold Volume | $58.5M | $6.67M | $4.44M | $403K | $640K | $70.6M |
| Sold Median Price | $149,900 | $32K | $103,250 | $201,500 | $245K | |
| Avg. Days on Market (solds) | 195 | 307 | 238 | 47 | 446 |
VS.
2014 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 218 | 251 | 31 | 4 | 25 | 529 |
| Pendings | 21 | 5 | 2 | 0 | 0 | 28 |
| Solds | 262 | 111 | 27 | 1 | 6 | 407 |
| Sold Volume | $41.8M | $3.94M | $2.16M | $89,950 | $610K | $48.6M |
| Sold Median Price | $139,500 | $26K | $80K | $89,950 | $101,500 | |
| Avg. Days on Market (solds) | 203 | 287 | 672 | 308 | 319 |
NOTE: All of the above data was pulled from the NWMLS and is not guaranteed.
MORTGAGE NEWS
The following are some of the Federal loan changes that have already gone into effect:
- 2023 FHA Loan Limits for Grays Harbor County have increased to $498K, $637K, $771K, $958K (single-family residential, duplex, tri-plex, 4-plex, respectively).
- 2023 Fannie Mae/Freddie Mac Conforming Loan Limits have increased to $766K, $981K, $1.18M, $1.47M (single-family residential, duplex, tri-plex, 4-plex, respectively).
- VA Funding Fee ("first-time" VA Loan borrowers) = 2.15% of the loan amount (less than 5% down payment); 1.5% of the loan amount (5-10% down); and, 1.25% of the loan amount (10%+ down).VA Funding Fee ("subsequent" VA Loan borrowers) = 3.3% of the loan amount (less than 5% down payment); 1.5% of the loan amount (5-10% down); and, 1.25% of the loan amount (10%+ down payment).
The items above were obtained from different online news sources.
Interest rates are around 6.5-7% 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, feel free to contact our local mortgage loan broker, Desi Goodwin of Highlands Mortgage at 425-232-8028 (cell), or e-mail her at dgoodwin@highlandsmortgage.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 Swenson
aswenson25@juno.com
360-589-2777 (cell/text)
~ April Swenson
aswenson25@juno.com
360-589-2777 (cell/text)
Your Beach Destination Awaits You at the #1 Washington Coast Town!
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