2nd-Quarter/1st-Half 2016
Ocean Shores/North Beach
Newsletter
Presented by April Swenson,
CRS & Managing Broker for Coldwell Banker Ocean Shores Brokers Real Estate
INDEPENDENCE DAY on the BEACH
SAND and SAWDUST FESTIVAL ~ JUNE 2016
FLAG DAY PARADE ~ JUNE 2016
GRAYS HARBOR EXPO ~ MAY 2016
NEW PICTURES & YOUTUBE VIDEOS UPLOADED
- The Kite Festival was held in June.
- The first ever Ocean Shores Beach Blast was held from July 2nd-17th with a small carnival with rides and fair food. The weekend of the 15th was a beach volleyball tournament. That was fun...amateurs were allowed to participate. I hope they come back next year!
- The weekend of August 19th-21st was the Seahawks 12's Fan Fest. Our town was packed! It was neat to see all of the blue and green.
- Airport Appreciation Day was held on August 27th, and there was a 2+hour fireworks show. It was so much fun!
- The County is installing sewers in Illahee (located just outside of Ocean Shores).
- September 9th-11th ~ AAOS Arts & Crafts Festival: held at the Convention Center.
- September 16th-18th ~ Whale of a Quilt Show: quilt show held at the Convention Center.
- October 20th-23rd ~ Irish Music Festival: largest Irish music festival on the West Coast.
- November 25th-27th ~ Winter Fanta-Sea: Christmas shopping at the Convention Center.
Click on the following links to view the MLS flyers for some good deals on properties in Ocean Shores:
2nd-Quarter/1st-Half 2016
MARKET ACTIVITY/UPDATE(April 1st - June 30th & January 1st - June 30th)
We having the best year so far compared to the past few years. Here are some very positive numbers:
- # of Sold Properties (in all categories) went up dramatically from the 1st-half of 2014 (203 properties and $20M) to the 1st-half of 2015 (297 properties and $30M) to the 1st-half of 2016 (310 properties and $33M).
- # of House Listings went down from 259 on 6/30/14 to 197 on 6/30/15 to 170 on 6/30/16
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.
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 | |
1st-Half 2015
|
Homes
|
Land
|
Condos
|
Multi- Family
|
Commercial
|
Total
|
Current Listings (as of 6/30/15) | 197 | 515 | 46 | 6 | 13 | 777 |
Pendings | 41 | 16 | 4 | 0 | 3 | 64 |
Solds | 147 | 137 | 7 | 2 | 4 | 297 |
Sold Volume | $24.27M | $2.951M | $579,200 | $670K | $1.587M | $30.0572M |
Sold Median Price | $151,500 | $13K | $66K | $335K | $124,950 | |
Avg. Days on Market (solds) | 216 | 339 | 425 | 196 | 237 | |
1st-Half 2014
|
Homes
|
Land
|
Condos
|
Multi- Family
|
Commercial
|
Total
|
Current Listings (as of 6/30/14) | 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 | $0K | $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 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 | |
2nd-Quarter 2015
|
Homes
|
Land
|
Condos
|
Multi- Family
|
Commercial
|
Total
|
Solds | 97 | 78 | 5 | 2 | 3 | 185 |
Sold Volume | $17.02M | $1.991M | $344,200 | $670K | $1.529M | $21.554M |
Sold Median Price | $158K | $15K | $66K | $335K | $150K |
|
Avg. Days on Market (solds) | 192 | 339 | 423 | 196 | 117 | |
2nd-Quarter 2014
|
Homes
|
Land
|
Condos
|
Multi- Family
|
Commercial
|
Total
|
Solds | 62 | 42 | 2 | 0 | 2 | 108 |
Sold Volume | $8.94M | $1.055M | $70K | $0 | $305K | $10.37M |
Sold Median Price | $140K | $15K | $35K | N/A | $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 2016):Sold Homes
Sold Land
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 | |
1st-Half 2015
|
Homes
|
Land
|
Condos
|
Multi- Family
|
Commercial
|
Total
|
Current Listings (as of 6/30/15) | 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 | $10.527M |
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 | |
1st-Half 2014
|
Homes
|
Land
|
Condos
|
Multi- Family
|
Commercial
|
Total
|
Current Listings (as of 6/30/14) | 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 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 | |
2nd-Quarter 2015
|
Homes
|
Land
|
Condos
|
Multi- Family
|
Commercial
|
Total
|
Solds | 12 | 10 | 0 | 0 | 0 | 30 |
Sold Volume | $2.816M | $644,500 | $0K | $0K | $0K | $3.4605M |
Sold Median Price | $172,500 | $60,750 | N/A | N/A | N/A | |
Avg. Days on Market (solds) | 348 | 401 | 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 | $0K | $0K | $0K | $2.613M |
Sold Median Price | $342,250 | $11K | N/A | N/A | N/A | |
Avg. Days on Market (solds) | 389 | 254 | N/A | N/A | N/A | |
SOUTH BEACH (Westport/Grayland/Ocosta) MARKET:
1st-Half 2016
|
Homes
|
Land
|
Condos
|
Multi- Family
|
Commercial
|
Total
|
Current Listings | 68 | 68 | 19 | 8 | 17 | 180 |
Pendings | 14 | 5 | 1 | 0 | 0 | 20 |
Solds | 43 | 15 | 5 | 1 | 2 | 66 |
Sold Volume | $6.8M | $692K | $648K | $207K | $325K | $8.67M |
Sold Median Price | $139,500 | $32K | $90K | $207K | $162,500 | |
Avg. Days on Market (solds) | 190 | 214 | 393 | 77 | 227 | |
LONG BEACH PENINSULA (Ilwaco to Surfside Estates) MARKET:
1st-Half 2016
|
Homes
|
Land
|
Condos
|
Multi- Family
|
Commercial
|
Total
|
Current Listings | 221 | 276 | 32 | 5 | 28 | 562 |
Pendings | 66 | 13 | 7 | 0 | 3 | 89 |
Solds | 157 | 56 | 9 | 0 | 4 | 226 |
Sold Volume | $26.39M | $2.53M | $1.91M | $0 | $829K | $31.66M |
Sold Median Price | $144K | $33,400 | $215K | N/A | $175K | |
Avg. Days on Market (solds) | 188 | 433 | 76 | N/A | 355 | |
NOTE: All of the above data was pulled from the NWMLS and is not guaranteed.
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. You can also contact Lee Hauser at Wells Fargo in Aberdeen at 360-537-7307, or e-mail her at lee.hauser@wellsfargo.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
Your Beach Destination Awaits You at the #1 Washington Coast Town!