Monday, July 14, 2014

Ocean Shores and North Beach Newsletter for Real Estate, Events, News, etc. ~ 2nd-Quarter 2014

2nd-Quarter/1st-Half 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

INDEPENDENCE DAY at the BEACH 2014

Ocean Shores is a great place to spend the 4th with fireworks show up and down the beach....a spectacular site.  See more pictures and the video at www.OceanShoresInfo.com/pics/july4th2014.html.


FIVE STAR SAND & SAWDUST FESTIVAL 2014

Sandcastle building and wood carvers come to Ocean Shores for this great weekend and event.  Check out the pictures and video on my web site at www.OceanShoresInfo.com/pics/sand&sawdustfestival2014.html
 

FLAG DAY PARADE 2014
 
Ocean Shores celebrates Old Glory with this classic and fun parade.  Check out the pictures on my web site at www.OceanShoresInfo.com/pics/flagdayparade2014.html 
 
 
KITE FESTIVAL 2014
 
Kites fly high in this great festival on the beach.  Check out the pictures and the video on my web site at www.OceanShoresInfo.com/pics/kitefestival2014.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
  • New Store Front in Downtown Ocean Shores: Burlap & Grain Vintage Market ~ a store of hand-made and refurbished vintage items; located at 817 Pt Brown Ave NW.
  • The Ocean Crest Resort Restaurant in Moclips is almost ready for its Grand Re-Opening after a fire in 2011.
  • The Ocean Shores City Council approved a 30-day camping allowance for Homeowners.  In a rule that has been primarily unrealized 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 30-days/year at a max of 10-days per stay.
    NOTE:  The 90-day camping rule on Vacant Land still applies.  The above rule only applies to properties with homes.
  • I have created and am maintaining 2 Facebook pages (one personal and one business).  Like Me at www.facebook.com/OceanShoresWARealEstate and/or www.facebook.com/OceanShoresProperties


UPCOMING EVENTS
  • July 12th-13th ~ Ocean Shores Big Weekend Triathlon & Footfest: Start and finish at North Bay Park.
  • July 25th-27th ~ Sun & Surf Run: motorcycles roar into Ocean Shores.
  • Aug 9th-10th ~ Body & Soul Festival: held at the Ocean Shores Lion Club.
  • Aug 30th ~ Paddle-a-Thon: human powered boat races, poker paddle, etc. held at the North Bay Park.
  • Sept 5th-7th ~ AAOS Arts & Crafts Festival: held at the Convention Center.
  • Sept 19th-21st ~ Whale of a Quilt Show: quilt show 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-Quarter 2014 ACTIVITY/UPDATE
(April 1st - June 30th)
 
We are off to a good start for 2014.  Here are some positive numbers:
  • # of Homes Sold in Ocean Shores increased from 39 in the 2nd-Q of 2013 to 62 in the 2nd-Q of 2014, but the Median Sales Price decreased from $145K in the 2nd-Q of 2013 to $140K in the 2nd-Q of 2014.
  • Sold Volume for Homes increased from $11.5M in the 1st-Half of 2013 to $17.073M in the 1st-Half of 2014.
  • # of Homes Sold in Ocean Shores increased from 77 in the 1st-Half of 2013 to 114 in the 1st-Half 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 too.
 

OCEAN SHORES MARKET:

Click on the following links to view the MLS flyers for sold properties (2nd-Quarter of 2014):

1st-Half 2014
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings  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  $0  $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 2014
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds  62  42  2  0  2  108
 Sold Volume  $8.94M  $1.055M  $70K  $0K  $305K  $10.37M
 Sold Median Price  $140K  $15K  $35K  $0K  $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 2014):
Sold Homes
Sold Land

1st-Half 2014
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings  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 2014
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds  8  3  0  0  0  11
 Sold Volume  $2.585M  $28K  $0  $0K  $0K  $2.613M
 Sold Median Price  $342,250  $11K  $0  $0K  $0K  
 Avg. Days on Market (solds)  389  254  N/A  N/A  N/A  
 
 

SOUTH BEACH (Westport/Grayland/Ocosta) MARKET:
 
1st-Half 2014
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings  87  91  20  8  11  217
 Pendings  6  3  3  0  1  13
 Solds  30  9  8  1  2  50
 Sold Volume  $4.075M  $271,300  $1.408M  $0  $360K  $6.114M
 Sold Median Price  $132,500  $18K  $183,500  N/A  $180K  
 Avg. Days on Market (solds)  133  215  85  N/A  182  
 
 

LONG BEACH PENINSULA (Ilwaco to Surfside Estates) MARKET:
 
1st-Half 2014
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings  321  330  40  4  28  723
 Pendings  48  8  5  0  2  63
 Solds  103  55  12  1  2  173
 Sold Volume  $17.887M  $2.077M  $749,251  $89,950  $214K  $21.017M
 Sold Median Price  $46,500  $30K  $58,750  $89,950  $107K  
 Avg. Days on Market (solds)  227  257  431  308  23  
 
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% 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!
 
 
 

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