Ocean Shores and North Beach Newsletter for Real Estate, Events, News, etc. ~ 1st-Quarter 2014

1st-Quarter 2014
Ocean Shores/North Beach
Newsletter
Presented by April Swenson,
CRS & Managing Broker for Coldwell Banker Ocean Shores Brokers Real Estate
aswenson25@juno.com    360-589-2777 cell/text    www.OceanShoresInfo.com

 

NOTABLE NEWS & EVENTS

COLDWELL BANKER OCEAN SHORES BROKERS HAS A NEWLY DESIGNED WEB SITE 

My company's web site has been completely re-designed and made more user-friendly.  It is also auto responsive, so it can be seen on laptops, tablets and smart phones.  Check it out at www.OceanShoresBrokers.com.

I HAVE NEW FACEBOOK PAGES 

As part of my continuing efforts for marketing in real estate, I have created and maintaining 2 Facebook pages (one personal and one business).  Like Me at www.facebook.com/OceanShoresWARealEstate and/or www.facebook.com/OceanShoresProperties

WINTER SNOW CAME TO THE BEACH

In February, Ocean Shores had snow fall and it was beautiful.  Check out the pictures on my web site at www.OceanShoresInfo.com/pics/winterfeb2014.html

OTHER NOTABLE LOCAL NEWS

• 2 Commercial Buildings on Pt Brown Ave NW have been bought and are undergoing major remodeling...stay tuned for updates on the businesses that will be going in them.
• The Ocean Crest Resort Restaurant in Moclips is still under construction (ruined by a fire).
• The Ocean Shores City Council approved a 10-day camping allowance for Homeowners.  In a rule that has been primarily un-realized and unenforced, properties with homes were allowed to park RVs/trailers/5th-wheels year-round, but not allowed to be used by overnight guests.  So for Homeowners, it is now legal to have guests/family stay in your RV/trailer/5th-wheel up to 10-days per year.
  NOTE:  The 90-day camping rule on Vacant Land still applies.  The above rule only applies to properties with homes.

 

UPCOMING EVENTS 

• May 10th-10th ~ Home Business Vendor Show: held at the Convention Center.
• May 23rd-25th ~ Grays Harbor County Expo: held at the Convention Center.
• June 7th ~ Wearable Art Show: held at the Convention Center.
• June 7th-8th ~ Festival of Colors: Kite Flying and Stunt Kite Flying on the Beach.
• June 14th ~ Flag Day Parade: held in the streets of downtown Ocean Shores celebrating Old Glory.
• June 27th-29th ~ Five Star Dealerships Sand & Sawdust Festival: Sandcastle Building and Wood Carving competitions and displays.
• July 4th ~ Family 4th Festival: held at the Convention Center, then enjoy fireworks on the Beach.
• July 12th-13th ~ Triathlon & Foot Fest: running events held throughout the streets of Ocean Shores.
• July 25th-27th ~ Sun & Surf Run: motorcycles comes to Ocean Shores.

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

Timeshares

Lots $10K or Less

Lots $10K-$15K

Lots $15K-20K

Lots $20K+ / Decked-out Lots

View Lots

Waterfront Lots

 

1st-Quarter 2014 ACTIVITY/UPDATE

(January 1st-March 31st)

We are off to a good start for 2014.  Here are some positive numbers:

• # of Homes Sold in Ocean Shores increased from 38 in the 1st-Q of 2013 to 52 in the 1st-Q of 2014
• Median Sales Price for Homes increased from $139,900 at end of 2013 to $145K in the 1st-Q of 2014
• # of Lots Sold in Ocean Shores increased from 27 in the 1st-Q of 2013 to 35 in the 1st-Q of 2014

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.

OCEAN SHORES MARKET:

Click on the following links to view the MLS flyers for sold properties (1st-Quarter of 2014):
Sold Homes
Sold Lots
Sold Condos
Sold Commercial

1st-Quarter 2014	Homes	Land	Condos	Multi- Family	Commercial	Total
Current Listings	212	439	29	5	16	701
Pendings	31	7	1	0	1	40
Solds	52	35	4	0	4	95
Sold Volume	$8.13M	$795,614	$394.500	$0	$630K	$9.95M
Sold Median Price	$145K	$15K	$93,250	N/A	$170,500
Avg. Days on Market (solds)	241	367	161	N/A	280

 

NORTH BEACH (Ocean City to Moclips) MARKET:

Click on the following links to view the MLS flyers for sold properties (1st-Quarter of 2014):
Sold Homes
Sold Land

1st-Quarter 2014	Homes	Land	Condos	Multi- Family	Commercial	Total
Current Listings	54	138	1	0	5	198
Pendings	4	1	0	0	0	5
Solds	7	1	0	0	0	8
Sold Volume	$2.194M	$43K	$0	$0	$0	$2.237M
Sold Median Price	$304,500	$43K	N/A	N/A	N/A
Avg. Days on Market (solds)	143	265	N/A	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 4.25-4.375% 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....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.

 

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!