2nd-Quarter / 1st-Half 2022
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
INDEPENDENCE DAY at the BEACH 2022
July 4th fell on a Monday this year. A special appreciation to our Police and Fire Departments!!! The town was packed. It was a lovely, cool day and evening, and the nighttime brought tons of firework displays on the Beach. See my pictures and video on my website at www.OceanShoresInfo.com/pics/july4th2022.html.
5-STAR DEALERSHIP'S SAND & SAWDUST FESTIVAL 2022
FLAG DAY PARADE 2022
Celebrating the United States Flag, Old Glory, flying high and celebrating its symbol of our Freedom. I did not get many pictures and video because I was in the parade with my church, but still check out my pictures and video on my website at www.OceanShoresInfo.com/pics/flagdayparade2022.html. It was a great day!
OTHER NOTABLE LOCAL NEWS
- The City is working on new building codes for manufactured homes, ie must be on a permanent foundation.
- The Pharmacy made its move over to the Ocean Sunset Drug Store building.
- The Door Mouse Boutique moved over to The Boardwalk Shops (the red building).
- New Businesses: Pizza Factory is now open (where Alec's-by-the-Sea Restaurant was located by the IGA) -- it has very good food.
Click on the following links to view the MLS flyers for some good deals on properties in Ocean Shores:
2nd-Q/1st-Half 2022
MARKET ACTIVITY/UPDATE
(April 1st-June 30th & January 1st-June 30th)
- Median Sales Price for Homes increased from $239,950 in the 1st-half 2020 to $324,950 in the 1st-half 2021 to $399K in the 1st-half of 2022.
- Median Sales Price for Lots increased from $25,000 in the 1st-half 2020 to $54K in the 1st-half 2021 to $59K in the 1st-half of 2022.
- The Total # of Listings has greatly increased, and over doubled for homes since a year ago.
- The Total # of Solds has decreased from a year ago.
OCEAN SHORES MARKET:
Click on the following links to view the MLS flyers for sold properties (2nd-Quarter of 2022):
1st-Half 2022 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
Current Listings
(as of 6/30/22) | 134 | 188 | 18 | 3 | 6 | 349
|
| Pendings | 48 | 19 | 5 | 0 | 0 | 72
|
| Solds | 237 | 188 | 15 | 2 | 6 | 448 |
| Sold Volume | $99M | $13.6M | $3.7M | $1.54M | $3.64M | $121.5M |
Sold Median Price | $399K | $59K | $240K | $771,500 | $530K | |
Avg. Days on Market (solds) | 38 | 68 | 90 | 126 | 218 | |
1st-Half 2021 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
Current Listings
(as of 6/30/21) | 60 | 166 | 9 | 1 | 4 | 240
|
| Pendings | 70 | 38 | 3 | 1 | 1 | 113 |
| Solds | 220 | 283 | 31 | 3 | 2 | 539 |
| Sold Volume | $75.5M | $18.6M | $5.54M | $1.94M | $770K | $102.35M |
Sold Median Price | $324,950 | $54K | $125,900 | $539K | $385K | |
Avg. Days on Market (solds) | 26 | 68 | 215 | 194 | 115 | |
1st-Half 2020 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
Current Listings (as of 6/30/20) | 81 | 84 | 21 | 2 | 5 | 193 |
| Pendings | 92 | 52 | 5 | 2 | 0 | 151 |
| Solds | 150 | 158 | 11 | 2 | 1 | 322 |
| Sold Volume | $37.5M | $5.9M | $1.62M | $372,500 | $155K | $45.54M |
| Sold Median Price | $239,950 | $25K | $96K | $186,250 | $155K | |
Avg. Days on Market (solds) | 90 | 337 | 167 | 24 | 4 | |
1st-Half 2019 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
Current Listings (as of 6/30/19) | 137 | 201 | 29 | 0 | 10 | 377 |
| Pendings | 62 | 43 | 6 | 1 | 0 | 112 |
| Solds | 167 | 186 | 22 | 0 | 3 | 378 |
| Sold Volume | $38.1M | $5.47M | $2.83M | $0 | $840K | $47.24M |
| Sold Median Price | $229,900 | $21,500 | $90,950 | N/A | $295K | |
Avg. Days on Market (solds) | 82 | 377 | 89 | N/A | 188 | |
1st-Half 2018 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
Current Listings
(as of 6/30/18) | 139 | 328 | 24 | 1 | 11 | 503 |
| Pendings | 65 | 37 | 8 | 0 | 1 | 111 |
| Solds | 207 | 240 | 26 | 3 | 7 | 483 |
| Sold Volume | $45M | $5.75M | $3.28M | $829K | $4.58M | $59.44M |
Sold Median Price | $211K | $15K | $110,700 | $275K | $285K | |
Avg. Days on Market (solds) | 117 | 469 | 125 | 86 | 339 | |
VS.
1st-Half 2017 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
Current Listings
(as of 6/30/17) | 143 | 472 | 43 | 4 | 17 | 679 |
| Pendings | 57 | 29 | 6 | 1 | 0 | 93 |
| Solds | 172 | 161 | 26 | 1 | 3 | 363 |
| Sold Volume | $34.11M | $3.97M | $3.35M | $209,900 | $398,750 | $42.04M |
Sold Median Price | $182,750 | $15K | $121,475 | $209,900 | $133,750 | |
Avg. Days on Market (solds) | 124 | 409 | 167 | 189 | 31 | |
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 | |
2nd-Quarter
2022 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Solds | 149 | 84 | 7 | 0 | 6 | 246 |
| Sold Volume | $61.9M | $6.77M | $1.27M | $0 | $3.64M | $73.58M |
Sold Median Price | $395K | $60,500 | $200K | N/A | $530K | |
Avg. Days on Market (solds) | 35 | 84 | 164 | N/A | 218 | |
2nd-Quarter
2021 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Solds | 111 | 158 | 18 | 2 | 2 | 291 |
| Sold Volume | $39M | $10.9M | $3.68M | $1.4M | $770K | $55.75M |
Sold Median Price | $348K | $58,537 | $173,950 | $702K | $385K | |
Avg. Days on Market (solds) | 16 | 42 | 71 | 68 | 115 | |
2nd-Quarter 2020 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Solds | 88 | 86 | 5 | 1 | 0 | 180 |
| Sold Volume | $22.89M | $2.91M | $816K | $222,500 | $0 | $26.84M |
Sold Median Price | $249,950 | $30K | $210K | $222,500 | N/A | |
Avg. Days on Market (solds) | 101 | 313 | 191 | 29 | N/A | |
2nd-Quarter 2019 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Solds | 106 | 122 | 11 | 0 | 2 | 241 |
| Sold Volume | $24.68M | $3.62M | $1.52M | $0 | $545K | $30.365M |
Sold Median Price | $232,150 | $22,250 | $129K | N/A | $272,500 | |
Avg. Days on Market (solds) | 68 | 387 | 26 | N/A | 241 | |
2nd-Quarter 2018 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Solds | 124 | 122 | 12 | 1 | 4 | 263 |
| Sold Volume | $26.9M | $3.13M | $1.14M | $379K | $889K | $32.44M |
Sold Median Price | $215K | $15,750 | $97,700 | $379K | $210,950 | |
Avg. Days on Market (solds) | 103 | 363 | 76 | 71 | 265 | |
2nd-Quarter 2017 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Solds | 112 | 101 | 16 | 1 | 1 | 231 |
| Sold Volume | $22.6M | $2.35M | $2.06M | $209,900 | $80K | $27.3M |
Sold Median Price | $182,750 | $15K | $125,919 | $209,900 | $80K | |
Avg. Days on Market (solds) | 116 | 347 | 145 | 189 | 3 | |
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 | |
NORTH BEACH (Ocean City to Moclips) MARKET:
Click on the following links to view the MLS flyers for sold properties (2nd-Quarter of 2022):
1st-Half 2022 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
Current Listings (as of 6/30/22) | 23 | 63 | 0 | 1 | 5 | 92
|
| Pendings | 5 | 7 | 0 | 0 | 1 | 13
|
| Solds | 52 | 37 | 6 | 0 | 3 | 98 |
| Sold Volume | $37M | $7M | $3.84M | $0 | $1.5M | $49.34M |
Sold Median Price | $680,765 | $75K | $749K | N/A | $400K | |
Avg. Days on Market (solds) | 52 | 113 | 10 | N/A | 119 | |
1st-Half 2021 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
Current Listings (as of 6/30/21) | 16 | 66 | 2 | 2 | 9 | 95
|
| Pendings | 14 | 12 | 3 | 0 | 1 | 30 |
| Solds | 43 | 48 | 0 | 1 | 3 | 91 |
| Sold Volume | $30.4M | $5.36M | $0 | $375K | $1.13M | $37.26M |
Sold Median Price | $570K | $85K | N/A | $375K | $350K | |
Avg. Days on Market (solds) | 55 | 436 | N/A | 462 | 383 | |
1st-Half 2020 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
Current Listings (as of 6/30/20) | 40 | 77 | 0 | 4 | 6 | 127 |
| Pendings | 16 | 15 | 2 | 0 | 0 | 33 |
| Solds | 30 | 24 | 0 | 0 | 0 | 54 |
| Sold Volume | $10.83M | $2.57M | $0 | $0 | $0 | $13.4M |
Sold Median Price | $287,250 | $47,500 | N/A | N/A | N/A | |
Avg. Days on Market (solds) | 100 | 476 | N/A | N/A | N/A | |
1st-Half 2019 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
Current Listings
(as of 6/30/19) | 39 | 84 | 1 | 0 | 7 | 131 |
| Pendings | 8 | 5 | 0 | 1 | 0 | 14 |
| Solds | 33 | 19 | 0 | 0 | 1 | 53 |
| Sold Volume | $14.3M | $1.96M | $0 | $0 | $125K | $16.38M |
Sold Median Price | $305K | $40K | N/A | N/A | $125K | |
Avg. Days on Market (solds) | 118 | 428 | N/A | N/A | 263 | |
1st-Half 2018 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
Current Listings
(as of 6/30/18) | 59 | 98 | 0 | 1 | 8 | 166 |
| Pendings | 11 | 10 | 0 | 0 | 1 | 22 |
| Solds | 26 | 17 | 0 | 0 | 0 | 43 |
| Sold Volume | $9.1M | $1.6M | $0 | $0 | $0 | $10.7M |
Sold Median Price | $283,500 | $20K | N/A | N/A | N/A | |
Avg. Days on Market (solds) | 107 | 1,609 | N/A | N/A | N/A | |
1st-Half 2017 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
Current Listings
(as of 6/30/17) | 53 | 96 | 0 | 2 | 7 | 158 |
| Pendings | 10 | 6 | 0 | 0 | 0 | 16 |
| Solds | 25 | 19 | 0 | 1 | 1 | 46 |
| Sold Volume | $8.52M | $3.17M | $0 | $325K | $60K | $12.07M |
Sold Median Price | $230K | $28,500 | N/A | $325K | $60K | |
Avg. Days on Market (solds) | 265 | 528 | N/A | 247 | 170 | |
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 | |
2nd-Quarter 2022 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Solds | 32 | 20 | 1 | 0 | 1 | 54 |
| Sold Volume | $21.8M | $4.6M | $340K | $0 | $100K | $26.84M |
Sold Median Price | $691,070 | $90K | $340K | N/A | $100K | |
Avg. Days on Market (solds) | 11 | 135 | 48 | N/A | 1252 | |
VS.
2nd-Quarter 2021 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Solds | 15 | 21 | 0 | 1 | 1 | 38 |
| Sold Volume | $10.1M | $2.3M | $0 | $375K | $450K | $13.23M |
Sold Median Price | $735K | $85K | N/A | $375K | $450K | |
Avg. Days on Market (solds) | 56 | 431 | N/A | 462 | 1,445 | |
VS.
2nd-Quarter 2020 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Solds | 12 | 19 | 0 | 0 | 0 | 31 |
| Sold Volume | $4M | $1.45M | $0 | $0 | $0 | $5.45M |
Sold Median Price | $287,250 | $47,500 | N/A | N/A | N/A | |
Avg. Days on Market (solds) | 123 | 555 | N/A | N/A | N/A | |
VS.
2nd-Quarter 2019 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Solds | 16 | 13 | 0 | 0 | 1 | 30 |
| Sold Volume | $5.14M | $1.76M | $0 | $0 | $125K | $7.03M |
Sold Median Price | $233,500 | $52K | N/A | N/A | $125K | |
Avg. Days on Market (solds) | 95 | 433 | N/A | N/A | 263 | |
VS.
2nd-Quarter 2018 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Solds | 16 | 13 | 0 | 0 | 0 | 29 |
| Sold Volume | $5.28M | $1.39M | $0 | $0 | $0K | $6.67M |
Sold Median Price | $283,500 | $19,500 | N/A | N/A | N/A | |
Avg. Days on Market (solds) | 87 | 1,859 | N/A | N/A | N/A | |
VS.
2nd-Quarter 2017 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Solds | 11 | 10 | 0 | 1 | 0 | 22 |
| Sold Volume | $4.97M | $1.32M | $0 | $325K | $0K | $6.615M |
Sold Median Price | $510K | $48,750 | N/A | $325K | N/A | |
Avg. Days on Market (solds) | 250 | 757 | N/A | 247 | N/A | |
VS.
2nd-Quarter 2016 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Solds | 12 | 6 | 0 | 0 | 0 | 18 |
| Sold Volume | $5.014M | $278K | $0 | $0 | $0 | $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 | |
SOUTH BEACH (Westport/Grayland/Ocosta) MARKET:
1st-Half 2022 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Current Listings | 25 | 16 | 12 | 0 | 4 | 57
|
| Pendings | 7 | 4 | 2 | 0 | 1 | 14
|
| Solds | 30 | 21 | 12 | 0 | 3 | 66 |
| Sold Volume | $11.8M | $3M | $3.97M | $0 | $1.43M | $20.2M |
| Sold Median Price | $352,750 | $105K | $395K | N/A | $180,250 | |
Avg. Days on Market (solds) | 16 | 106 | 46 | N/A | 54 | |
VS.
1st-Half 2021 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Current Listings | 13 | 30 | 2 | 0 | 5 | 50
|
| Pendings | 17 | 8 | 4 | 0 | 1 | 30
|
| Solds | 43 | 39 | 19 | 1 | 3 | 105 |
| Sold Volume | $12.8M | $4.19M | $4.65M | $180K | $1.11M | $22.93M |
| Sold Median Price | $245K | $85K | $280K | $180K | $300K | |
Avg. Days on Market (solds) | 30 | 98 | 38 | 11 | 28 | |
VS.
1st-Half 2020 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Current Listings | 20 | 45 | 12 | 1 | 7 | 85 |
| Pendings | 8 | 15 | 4 | 1 | 0 | 28 |
| Solds | 36 | 27 | 12 | 0 | 1 | 66 |
| Sold Volume | $8.1M | $1.97M | $2.06M | $0 | $156K | $11.37M |
| Sold Median Price | $180K | $45K | $175,250 | N/A | $156K | |
Avg. Days on Market (solds) | 111 | 305 | 125 | N/A | 367 | |
LONG BEACH PENINSULA (Ilwaco to Surfside Estates) MARKET:
1st-Half 2022 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Current Listings | 96 | 112 | 7 | 2 | 5 | 222
|
| Pendings | 37 | 16 | 2 | 1 | 2 | 58
|
| Solds | 173 | 99 | 19 | 1 | 7 | 299 |
| Sold Volume | $62.5M | $11.65M | $5.63M | $589K | $4.33M | $84.67M |
| Sold Median Price | $344,100 | $110K | $269K | $589K | $530K | |
Avg. Days on Market (solds) | 36 | 72 | 30 | 0 | 72 | |
VS.
1st-Half 2021 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Current Listings | 47 | 62 | 7 | 0 | 12 | 128
|
| Pendings | 63 | 37 | 7 | 0 | 3 | 110
|
| Solds | 221 | 126 | 34 | 2 | 4 | 387 |
| Sold Volume | $70.8M | $10.3M | $8.47M | $2.18M | $1.57M | $93.3M |
| Sold Median Price | $281K | $62,500 | $215K | $1.09M | $355K | |
Avg. Days on Market (solds) | 42 | 133 | 26 | 29 | 220 | |
VS.
1st-Half 2020 | Homes | Land | Condos | Multi-
Family | Commercial | Total |
| Current Listings | 85 | 116 | 22 | 0 | 14 | 237 |
| Pendings | 61 | 28 | 7 | 2 | 1 | 97 |
| Solds | 124 | 79 | 15 | 0 | 3 | 221 |
| Sold Volume | $32.6M | $4.58M | $3.44M | $0 | $1.83M | $42.45M |
| Sold Median Price | $225,500 | $45K | $179,500 | N/A | $580K | |
Avg. Days on Market (solds) | 82 | 266 | 81 | N/A | 150 | |
NOTE: All of the above data was pulled from the NWMLS and is not guaranteed.
Interest rates are currently at around 5.5-5.99% 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, I suggest contacting Desi Goodwin, who moved over from HomeVantage Mortgage to Highlands Mortgage, at 425-232-8028, or e-mail her at dgoodwin@highlandsmortgage.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 in Tumwater at 360-236-9777 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)
Your Beach Destination Awaits You at the #1 Washington Coast Town!
