Ocean Shores and North Beach, WA Newsletter ~ Real Estate, Stats, etc. ~ 2020 Year-in-Review
2020 Year-End Review
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
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 and EVENTS
CORONAVIRUS
Please SUPPORT our local businesses....they need your support! Most restaurants are open for take-out, and a few have outdoor dining.
OTHER NOTABLE LOCAL NEWS
- The City of Ocean Shores issued an incredible 197 single-family new home permits for 2020, which is up from 174 in 2019 and 151 in 2018 and 105 in 2017. You can see the entire 2020 report from the Permit Office at http://oceanshoresinfo.com/cityinfo/2020permits.pdf.
- Ranking Reports: I was #7 among all Grays Harbor County brokers for the Number (#) of Transactions Closed for 2020; and, #6 among all Ocean Shores brokers for the Number (#) of Transactions Closed for 2020. I was #17 among all Grays Harbor County brokers for Volume ($) Closed for 2020; and, #8 among all Ocean Shores brokers for Volume ($) Closed for 2020.
UPCOMING EVENTS
- There is nothing planned at this time.
BUYS IN OCEAN SHORES
Since there are so few listings, many categories in the previous years' e-mails have been condensed. Click on the following links to view the MLS flyers for some good deals on properties in Ocean Shores:
2020 MARKET ACTIVITY/UPDATE
(January 1st-December 31st)
- The # of Total Listings is dramatically down! I have never seen it this low. Ocean Shores currently, as of this day, has only 14 Homes, 59 Lots, 8 Condos on the market
(a total of 146 properties are currently pending in Ocean Shores as of today). - Median Sale Prices have greatly increased over the past year: $260K compared to $235K in 2019 for Homes; $33K compared to $20,250 in 2019 for Lots.
OCEAN SHORES MARKET:
Click on the following links to view the MLS flyers for sold properties (4th-Quarter of 2020):
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 | 454 | 450 | 39 | 6 | 8 | 957 |
| Sold Volume | $125.6M | $20.57M | $6.47M | $2.11M | $2.31M | $157M |
| 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 | 382 | 402 | 46 | 1 | 5 | 836 |
| Sold Volume | $92.89M | $12.16M | $5.12M | $295K | $2.915M | $113.3M |
| Sold Median Price | $235K | $20,250 | $80,500 | $295K | $370K | |
| Avg. Days on Market (solds) | 74 | 365 | 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 | 432 | 457 | 48 | 5 | 12 | 954 |
| Sold Volume | $95.23M | $12.36M | $5.67M | $1.247M | $5.856M | $120.4M |
| Sold Median Price | $212,950 | $16K | $89,450 | $225K | $228,500 | |
| Avg. Days on Market (solds) | 89 | 388 | 143 | 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 | 395 | 343 | 54 | 5 | 8 | 805 |
| Sold Volume | $83.4M | $8.63M | $7.35M | $1.37M | $1.94M | $102.7M |
| Sold Median Price | $195K | $15K | $125,919 | $257,500 | $185K | |
| Avg. Days on Market (solds) | 115 | 378 | 160 | 97 | 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 | 317 | 275 | 52 | 6 | 6 | 656 |
| Sold Volume | $58.34M | $6.08M | $6.47M | $1.29M | $987K | $73.16M |
| Sold Median Price | $169,900 | $13,900 | $137,950 | $209K | $96K | |
| Avg. Days on Market (solds) | 134 | 381 | 141 | 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 | 306 | 263 | 33 | 3 | 7 | 612 |
| Sold Volume | $53.06M | $6.11M | $4.22M | $780K | $2.69M | $66.86M |
| Sold Median Price | $159,950 | $14K | $130K | $240K | $150K | |
| Avg. Days on Market (solds) | 190 | 359 | 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 | $12,700 | $85K | $210K | $167,500 | |
| Avg. Days on Market (solds) | 230 | 279 | 246 | 104 | 288 |
2nd-Half 2020 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 301 | 281 | 28 | 4 | 6 | 620 |
| Sold Volume | $87.1M | $14.2M | $4.85M | $1.74M | $2.05M | $109.9M |
| Sold Median Price | $275K | $35K | $163,975 | $364,500 | $263,250 | |
| Avg. Days on Market (solds) | 65 | 123 | 101 | 44 | 126 |
VS.
2nd-Half 2019 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 213 | 215 | 24 | 1 | 2 | 455 |
| Sold Volume | $54.11M | $6.65M | $2.29M | $295K | $2.075M | $65.42M |
| Sold Median Price | $240K | $20K | $71,750 | $295K | $1.037M | |
| Avg. Days on Market (solds) | 68 | 353 | 81 | 12 | 75 |
VS.
2nd-Half 2018 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 222 | 216 | 22 | 2 | 5 | 467 |
| Sold Volume | $49.54M | $6.57M | $2.26M | $418K | $1.272M | $60.06M |
| Sold Median Price | $214,900 | $18K | $66K | $209K | $218K | |
| Avg. Days on Market (solds) | 65 | 298 | 153 | 41 | 75 |
VS.
2nd-Half 2017 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 223 | 182 | 28 | 4 | 5 | 442 |
| Sold Volume | $49.28M | $4.63M | $4M | $1.16M | $1.73M | $60.8M |
| Sold Median Price | $203K | $15K | $137K | $281,250 | $250K | |
| Avg. Days on Market (solds) | 108 | 350 | 154 | 74 | 151 |
VS.
2nd-Half 2016 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 172 | 146 | 23 | 2 | 4 | 347 |
| Sold Volume | $32.63M | $3.47M | $2.86M | $448,600 | $631K | $40.04M |
| Sold Median Price | $175K | $14,250 | $122,950 | $224,300 | $96K | |
| Avg. Days on Market (solds) | 120 | 409 | 192 | 37 | 225 |
VS.
2nd-Half 2015 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 158 | 125 | 26 | 1 | 3 | 313 |
| Sold Volume | $28.64M | $3.1M | $3.65M | $110K | $902K | $36.4M |
| Sold Median Price | $165,950 | $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 | 112 | 11 | 4 | 2 | 258 |
| Sold Volume | $20.03M | $1.94M | $978,400 | $812,500 | $1.278M | $25.04M |
| Sold Median Price | $144K | $12K | $99K | $210K | $639K | |
| Avg. Days on Market (solds) | 200 | 265 | 293 | 104 | 388 |
4th-Quarter 2020 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 130 | 113 | 8 | 2 | 1 | 254 |
| Sold Volume | $38.4M | $6.95M | $1.63M | $1.14M | $200K | $48.32M |
| Sold Median Price | $283,750 | $38K | $208,325 | $572,500 | $200K | |
| Avg. Days on Market (solds) | 56 | 63 | 35 | 57 | 1 |
VS.
4th-Quarter 2019 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 98 | 89 | 10 | 0 | 1 | 198 |
| Sold Volume | $24.44M | $3.035M | $1M | $0 | $450K | $28.92M |
| Sold Median Price | $239,900 | $23,035 | $80,500 | N/A | $450K | |
| Avg. Days on Market (solds) | 87 | 350 | 49 | N/A | 91 |
VS.
4th-Quarter 2018 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 91 | 85 | 7 | 1 | 3 | 187 |
| Sold Volume | $19.28M | $2.4M | $547K | $193K | $892K | $23.3M |
| Sold Median Price | $209,900 | $18K | $65K | $193K | $218K | |
| Avg. Days on Market (solds) | 67 | 292 | 77 | 58 | 95 |
VS.
4th-Quarter 2017 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 111 | 69 | 12 | 4 | 3 | 199 |
| Sold Volume | $24.8M | $2.02M | $1.82M | $1.16M | $1.1M | $30.9M |
| Sold Median Price | $210K | $17,500 | $167,500 | $281,250 | $185K | |
| Avg. Days on Market (solds) | 117 | 354 | 72 | 74 | 144 |
VS.
4th-Quarter 2016 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 74 | 58 | 8 | 1 | 3 | 144 |
| Sold Volume | $15.24M | $1.16M | $1.047M | $325K | $602K | $18.37M |
| Sold Median Price | $192K | $12,250 | $131K | $325K | $105K | |
| Avg. Days on Market (solds) | 141 | 416 | 133 | 21 | 293 |
VS.
4th-Quarter 2015 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 65 | 50 | 14 | 1 | 0 | 130 |
| Sold Volume | $13.24M | $1.15M | $1.97M | $110K | $0 | $16.47M |
| Sold Median Price | $182K | $20K | $141,475 | $110K | N/A | |
| Avg. Days on Market (solds) | 180 | 394 | 105 | 98 | N/A |
VS.
4th-Quarter 2014 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 53 | 43 | 7 | 1 | 2 | 106 |
| Sold Volume | $9.19M | $815,265 | $469,500 | $182,500 | $1.278M | $11.93M |
| Sold Median Price | $159,900 | $12,500 | $47K | $182,500 | $639K | |
| Avg. Days on Market (solds) | 197 | 276 | 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 2020):
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 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 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:
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 | 86 | 39 | 3 | 8 | 226 |
| Sold Volume | $21.2M | $8.48M | $7.47M | $632,500 | $3.45M | $41.2M |
| Sold Median Price | $219K | $61,250 | $195K | $236K | $337,500 | |
| Avg. Days on Market (solds) | 84 | 207 | 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 | 98 | 43 | 24 | 2 | 7 | 174 |
| Sold Volume | $21.37M | $3.05M | $4.84M | $671,500 | $1.44M | $31.37M |
| Sold Median Price | $189,500 | $44,900 | $191K | $335,750 | $165K | |
| Avg. Days on Market (solds) | 105 | 312 | 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 | 9 | 174 |
| Sold Volume | $20.39M | $1.51M | $4.93M | $268K | $3.86M | $30.95M |
| Sold Median Price | $171K | $38,750 | $175K | $134K | $353K | |
| 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 | 101 | 25 | 17 | 5 | 6 | 154 |
| Sold Volume | $15.5M | $1.43M | $2.5M | $1.2M | $630K | $21.26M |
| Sold Median Price | $125,699 | $35K | $156,500 | $205K | $72,500 | |
| Avg. Days on Market (solds) | 117 | 320 | 114 | 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 | 88 | 30 | 11 | 1 | 3 | 133 |
| Sold Volume | $14.11M | $1.38M | $1.78M | $207K | $450K | $17.927M |
| Sold Median Price | $140K | $33,500 | $123K | $207K | $125K | |
| Avg. Days on Market (solds) | 178 | 252 | 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 | 71 | 39 | 16 | 4 | 6 | 136 |
| Sold Volume | $10.602M | $4.929M | $2.296M | $523,400 | $2.206M | $20.556M |
| Sold Median Price | $132K | $44K | $147,500 | $142,550 | $225K | |
| Avg. Days on Market (solds) | 212 | 377 | 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 | 70 | 20 | 19 | 1 | 1 | 111 |
| Sold Volume | $9.076M | $826,300 | $2.486M | $99K | $5.955M | $18.44M |
| Sold Median Price | $130K | $25K | $145K | $99K | $117,750 | |
| Avg. Days on Market (solds) | 178 | 276 | 105 | 25 | 145 |
LONG BEACH PENINSULA (Ilwaco to Surfside Estates) MARKET:
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 | 224 | 70 | 2 | 9 | 697 |
| Sold Volume | $108.1M | $14.7M | $11.9M | $1.04M | $3.85M | $139.6M |
| Sold Median Price | $244,450 | $49,700 | $152K | $520K | $385K | |
| Avg. Days on Market (solds) | 70 | 265 | 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 | 356 | 163 | 48 | 6 | 5 | 578 |
| Sold Volume | $85.46M | $8.45M | $8.41M | $2.42M | $1.11M | $105.85M |
| Sold Median Price | $219K | $40K | $179K | $380K | $170K | |
| Avg. Days on Market (solds) | 101 | 233 | 95 | 197 | 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 | 377 | 149 | 37 | 3 | 17 | 583 |
| Sold Volume | $80.79M | $8.06M | $6.75M | $1.16M | $3.2M | $99.96M |
| Sold Median Price | $199K | $43K | $176,800 | $375K | $160K | |
| Avg. Days on Market (solds) | 104 | 287 | 109 | 60 | 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 | 365 | 162 | 47 | 4 | 4 | 582 |
| Sold Volume | $74.4M | $7.6M | $6.82M | $817K | $1.54M | $91.17M |
| Sold Median Price | $175K | $37,125 | $134,900 | $162,500 | $298,750 | |
| Avg. Days on Market (solds) | 130 | 319 | 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 | 365 | 120 | 30 | 0 | 7 | 522 |
| Sold Volume | $62.77M | $5.1M | $5.09M | $0 | $1.49M | $74.45M |
| Sold Median Price | $148K | $32K | $189K | N/A | $190K | |
| Avg. Days on Market (solds) | 155 | 350 | 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 | 346 | 122 | 36 | 2 | 3 | 509 |
| Sold Volume | $58.26M | $6.61M | $4.44M | $403K | $640K | $70.35M |
| Sold Median Price | $149,900 | $32K | $103,250 | $201,500 | $245K | |
| Avg. Days on Market (solds) | 194 | 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 | 261 | 111 | 27 | 1 | 5 | 405 |
| Sold Volume | $41.77M | $3.947M | $2.16M | $89,950 | $557K | $48.52M |
| Sold Median Price | $140K | $26K | $80K | $89,950 | $150K | |
| Avg. Days on Market (solds) | 203 | 287 | 672 | 308 | 308 |
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:
- 2021 FHA Loan Limit for Grays Harbor County has increased to $356K, $456K, $551K, $685K (single-family residential, duplex, tri-plex, 4-plex, respectively).
- Fannie Mae has increased the amount they will lend from $510,400 up to $548,250 for single-family residential.
- Fannie Mae has also increased Multi-family loan limits:
Duplex = $702,000; Tri-plex = $848,500; 4-plex = $1,054,500
The items above were obtained from different online news sources.
Interest rates have decreased dramatically to around 2.5-2.875% 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, 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. 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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