Ocean Shores and North Beach Newsletter for Real Estate, Events, News, etc. ~ July 2013
July 2013
Ocean Shores/North Beach
Newsletter
Presented by April Swenson,
CRS & Managing Broker for Coldwell Banker Ocean Shores Brokers
aswenson25@juno.com 360-589-2777 cell/text www.OceanShoresInfo.com
Ocean Shores/North Beach
Newsletter
Presented by April Swenson,
CRS & Managing Broker for Coldwell Banker Ocean Shores Brokers
aswenson25@juno.com 360-589-2777 cell/text www.OceanShoresInfo.com
NOTABLE NEWS and EVENTS
INDEPENDENCE DAY 2013
Fireworks seen and let off all along our beaches....a Must See. See more info, pictures and my video at www.OceanShoresInfo.com/pics/july4th2013.html
FIVE STAR DEALERSHIPS SAND and SAWDUST FESTIVAL 2013
Sandcastle competitions on the beach (off the Chance a La Mer beach access street)...you will like the sand sculptures created..."Candy Land" won the Master's Division. Wood carving competitions and displays held at the Convention Center. Held on June 21st-23rd. See more info, pictures and my video at www.OceanShoresInfo.com/pics/sand&sawdustfestival2013.html
FLAG DAY PARADE 2013
Ocean Shores honored Old Glory with its traditional Parade in downtown on June 8th. See more info, pictures and my video at www.OceanShoresInfo.com/pics/flagdayparade2013.html
ART SHOW 2013
The 44rd Annual Art Show was held in the Convention Center on April 19th-21st. See more info and pictures at www.OceanShoresInfo.com/pics/artshow2013.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 my new videos uploaded onto my YouTube site (http://www.youtube.com/AprilSwenson):
- Clam Digging: www.OceanShoresInfo.com/pics/clamdigging.html / http://www.youtube.com/watch?v=nh7iE8oh_aM&list=FLhRYWR0DBndaEDmu0zNpztQ&index=1
OTHER NOTABLE LOCAL NEWS
- Ocean Shores Brokers is now Coldwell Banker Ocean Shores Brokers
- There is a new Farmer's Market at the Library open on the weekends during the Summer
UPCOMING EVENTS
July 13th-14th ~ Ocean Shores Tri and Foot Fest: compete in running events.
July 26th-28th ~ Sun and Surf Run: motorcycles come to Ocean Shores.
August 17th-18th ~ Body and Soul Festival: explore options in creating healthier lifestyles.
August 17th-18th ~ Fun Fly in Ocean Shores: kite flying on the beaches of Ocean Shores.
August 31st ~ Old Fashioned Labor Day Picnic & Paddle-a-thon: picnic and water activities at North Bay Park on Duck Lake.
BUYS IN OCEAN
SHORES
Click on the following links to view the MLS flyers for some good deals on properties in Ocean Shores:
Homes Under $100K
Homes $100K-$150K
Homes $150K+
View Homes
Waterfront Homes
Condos
Lots $10K or Less
Lots $10K-$15K
Lots $15K-20K
Lots $20K+
View Lots
Waterfront Lots
MARKET ACTIVITY/UPDATE
(1st-Half and 2nd-Quarter 2013: January 1st-June 30th)
Activity (both inquiries and sales) have definitely increased since the beginning of the year, as I have personally experienced. Currently, we are selling more homes than land.
OCEAN SHORES MARKET:
Click on the following links to view the MLS flyers for sold properties (2nd Quarter of 2013):
Sold Homes
Sold Lots
Sold Condos
Sold Multi-Family
Sold Commercial
1st-Half
2013
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Current Listings | 267 | 437 | 40 | 4 | 19 | 767 |
| Pendings | 50 | 18 | 6 | 0 | 1 | 75 |
| Solds | 77 | 79 | 9 | 1 | 3 | 169 |
| Sold Volume | $11.5M | $1.613M | $1.015M | $260K | $575K | $14.963M |
| Sold Median Price | $138K | $12,500 | $135K | $260K | $287,500 | |
| Avg. Days on Market (solds) | 280 | 271 | 313 | 60 | 291 |
2nd-Quarter 2013
| Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 39 | 51 | 4 | 1 | 3 | 98 |
| Sold Volume | $5.89M | $969K | $493K | $260K | $575K | $8.187M |
| Sold Median Price | $145K | $12K | $113,975 | $260K | $287,500 | |
| Avg. Days on Market (solds) | 245 | 245 | 259 | 60 | 291 |
NORTH BEACH (Ocean City to Moclips) MARKET:
Click on the following links to view the MLS flyers for sold properties (2nd Quarter of 2013):
Sold Homes
Sold Land
1st-Half
2013
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Current Listings | 64 | 121 | 3 | 1 | 7 | 196 |
| Pendings | 5 | 4 | 0 | 0 | 0 | 9 |
| Solds | 10 | 15 | 0 | 0 | 1 | 26 |
| Sold Volume | $1.33M | $1.1M | $0 | $0K | $125K | $2.555M |
| Sold Median Price | $24,500 | $18K | $0 | $0K | $125K | |
| Avg. Days on Market (solds) | 81 | 376 | N/A | N/A | 882 |
2nd-Quarter
2013
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Solds | 6 | 8 | 0 | 0 | 0 | 14 |
| Sold Volume | $799K | $969K | $0 | $0K | $0K | $1.768M |
| Sold Median Price | $65,725 | $31K | $0 | $0K | $0K | |
| Avg. Days on Market (solds) | 67 | 223 | N/A | N/A | N/A |
SOUTH BEACH (Westport/Grayland/Ocosta) MARKET:
1st-Half
2013
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Current Listings | 80 | 84 | 21 | 4 | 13 | 202 |
| Pendings | 12 | 4 | 3 | 0 | 1 | 20 |
| Solds | 23 | 15 | 6 | 1 | 0 | 45 |
| Sold Volume | $2.79M | $744K | $1.518M | $215K | $0 | $5.267M |
| Sold Median Price | $90K | $36,500 | $264,500 | $215K | $0 | |
| Avg. Days on Market (solds) | 266 | 477 | 172 | 139 | N/A |
LONG BEACH PENINSULA (Ilwaco to Surfside Estates) MARKET:
1st-Half
2013
|
Homes
|
Land
|
Condos
|
Multi-
Family |
Commercial
|
Total
|
| Current Listings | 314 | 308 | 46 | 8 | 31 | 707 |
| Pendings | 44 | 8 | 5 | 0 | 0 | 57 |
| Solds | 108 | 43 | 5 | 1 | 1 | 158 |
| Sold Volume | $14.14M | $1.415M | $757,500 | $210K | $100K | $16.62M |
| Sold Median Price | $116K | $24K | $176K | $210K | $100K | |
| Avg. Days on Market (solds) | 237 | 379 | 1,343 | 135 | 18 |
NOTE: All of the above data was pulled from the NWMLS and is not guaranteed.
FINANCING NEWS
FHA CHANGES
FHA announced some changes to new FHA Loans as of April 2013:
- All loans with a loan-to-value of 90% or more (in other words, loans with 10% down or less) are required to carry PMI (Mortgage Insurance) for the life of the loan
- Mortgage Insurance Premium (MIP) is increased by .1%
OTHER NEWS
Interest rates have increased to around 4.5-4.75% for a 30-yr fixed rate with 0 points (depending on credit and down payment), but are still very low. Financing 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, Timberland Bank. You can call Brian Bednarik, the Residential Loan Officer, at 360-591-5772 (cell) or e-mail him at bdbednar@timberlandbank.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)
Your Beach Destination Awaits You at the #1 Washington Coast Town!
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