2022 Year-End Review
Ocean Shores/North Beach
Real Estate Newsletter
Ocean Shores/North Beach
Real Estate 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
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
NOTABLE LOCAL NEWS
- The City of Ocean Shores issued 175 Single-family Home Permits in 2022; there were 239 house permits in 2021, 197 in 2020, 174 in 2019, 151 in 2018, and 105 in 2017. You can see the entire 2022 report from the City's Permit Office at http://oceanshoresinfo.com/cityinfo/2022permits.pdf.
2023 UPCOMING EVENTS
- Championship Barbershop Quartet Singers ~ February 11 ~ Convention Center.
- Renewed Antique Show ~ February 17-19 ~ Convention Center.
- Beachcombers' Fun Fair ~ March 3-5 ~ Convention Center.
- Razor Clam Festival & Seafood Extravaganza ~ March 17-19 ~ Convention Center.
- Youth Fishing Derby ~ May 6 ~ North Bay Park.
- Superhero Music Fest (Charity Event) ~ May 26-28 ~ Convention Center.
- Festival of Colors Kite Flying ~ June 2-4 ~ Beach at Damon Rd.
- Traveling Vietnam Wall ~ June 14-18 ~ Quinault Beach Resort & Casino.
- Flag Day Parade ~ June 17 ~ Downtown Ocean Shores.
- Five Star Dealership's Sand & Sawdust Festival ~ June 23-25 ~ Convention Center and the Beach.
BUYS IN OCEAN SHORES
Click on the following links to view the MLS flyers for some good deals on properties in Ocean Shores:
2022 MARKET ACTIVITY/UPDATE
(January 1st-December 31st)
- We sold over 400 homes in Ocean Shores for 2022.
- We sold over $213M in properties in Ocean Shores for 2022.
OCEAN SHORES MARKET:
Click on the following links to view the MLS flyers for sold properties (4th-Quarter of 2022):
2022 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings (as of 12/31/22) | 102 | 175 | 9 | 2 | 5 | 293 |
| Pendings | 15 | 5 | 2 | 0 | 0 | 22 |
| Solds | 429 | 307 | 38 | 3 | 6 | 783 |
| Sold Volume | $176.9M | $22.6M | $8.65M | $2.1M | $3.64M | $213.9M |
| Sold Median Price | $399K | $58,900 | $210K | $555K | $530K | |
| Avg. Days on Market (solds) | 48 | 73 | 57 | 89 | 218 |
VS.
2021 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings (as of 12/31/21) | 63 | 125 | 8 | 3 | 4 | 203 |
| Pendings | 44 | 31 | 4 | 0 | 0 | 79 |
| Solds | 496 | 507 | 53 | 6 | 6 | 1,068 |
| Sold Volume | $185.4M | $33.8M | $10.7M | $3.84M | $2.59M | $236.3M |
| Sold Median Price | $350K | $54K | $183K | $534K | $449K | |
| Avg. Days on Market (solds) | 28 | 61 | 136 | 101 | 144 |
VS.
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 | 456 | 451 | 39 | 6 | 8 | 960 |
| Sold Volume | $126.3M | $20.6M | $6.47M | $2.11M | $2.31M | $157.8M |
| 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 | 385 | 424 | 46 | 1 | 6 | 862 |
| Sold Volume | $93.9M | $12.63M | $5.12M | $295K | $5.115M | $117M |
| Sold Median Price | $235K | $20K | $80,500 | $295K | $410K | |
| Avg. Days on Market (solds) | 74 | 348 | 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 | 434 | 466 | 50 | 5 | 13 | 968 |
| Sold Volume | $95.78M | $12.69M | $5.82M | $1.24M | $6.25M | $121.7M |
| Sold Median Price | $212,950 | $16K | $89,450 | $225K | $235K | |
| Avg. Days on Market (solds) | 89 | 388 | 139 | 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 | 400 | 357 | 55 | 6 | 8 | 826 |
| Sold Volume | $84.47M | $8.96M | $7.44M | $1.82M | $1.94M | $104.6M |
| Sold Median Price | $195K | $15K | $122,950 | $281,250 | $185K | |
| Avg. Days on Market (solds) | 115 | 378 | 158 | 81 | 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 | 322 | 279 | 53 | 6 | 6 | 666 |
| Sold Volume | $59.6M | $6.38M | $6.52M | $1.29M | $987K | $74.78M |
| Sold Median Price | $169,950 | $14K | $137,950 | $209K | $96K | |
| Avg. Days on Market (solds) | 134 | 381 | 147 | 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 | 307 | 262 | 33 | 3 | 7 | 612 |
| Sold Volume | $53.45M | $6.05M | $4.22M | $780K | $2.69M | $67.19M |
| Sold Median Price | $160K | $14K | $130K | $240K | $150K | |
| Avg. Days on Market (solds) | 190 | 352 | 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 | $12,500 | $85K | $210K | $167,500 | |
| Avg. Days on Market (solds) | 230 | 279 | 246 | 104 | 288 |
2nd-Half 2022 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 192 | 119 | 23 | 1 | 0 | 335 |
| Sold Volume | $77.96M | $8.93M | $4.94M | $555K | $0 | $92.4M |
| Sold Median Price | $399,450 | $58K | $165K | $555K | N/A | |
| Avg. Days on Market (solds) | 60 | 80 | 36 | 15 | N/A |
VS.
2nd-Half 2021 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 275 | 224 | 21 | 3 | 3 | 526 |
| Sold Volume | $109.6M | $15.1M | $4.83M | $1.89M | $1.5M | $132.9M |
| Sold Median Price | $366K | $54K | $218K | $497K | $574K | |
| Avg. Days on Market (solds) | 29 | 52 | 26 | 8 | 213 |
VS.
2nd-Half 2020 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 302 | 283 | 28 | 4 | 6 | 623 |
| Sold Volume | $87.5M | $14.3M | $4.85M | $1.74M | $2.05M | $110.4M |
| Sold Median Price | $275K | $35K | $163,975 | $364,500 | $263,250 | |
| Avg. Days on Market (solds) | 65 | 122 | 101 | 44 | 126 |
VS.
2nd-Half 2019 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 215 | 231 | 24 | 1 | 2 | 473 |
| Sold Volume | $54.65M | $7.06M | $2.29M | $295K | $2.075M | $66.37M |
| Sold Median Price | $240K | $20K | $71,750 | $295K | $1.037M | |
| Avg. Days on Market (solds) | 74 | 335 | 81 | 12 | 75 |
VS.
2nd-Half 2018 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 224 | 218 | 22 | 2 | 6 | 472 |
| Sold Volume | $50.02M | $6.6M | $2.26M | $418K | $1.67M | $60.97M |
| Sold Median Price | $214,900 | $18K | $66K | $209K | $226,500 | |
| Avg. Days on Market (solds) | 65 | 295 | 153 | 41 | 75 |
VS.
2nd-Half 2017 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 224 | 190 | 28 | 5 | 5 | 452 |
| Sold Volume | $49.46M | $4.8M | $4M | $1.61M | $1.73M | $61.6M |
| Sold Median Price | $201,500 | $15K | $137K | $305K | $250K | |
| Avg. Days on Market (solds) | 108 | 335 | 154 | 59 | 151 |
VS.
2nd-Half 2016 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 174 | 149 | 23 | 2 | 4 | 352 |
| Sold Volume | $33.15M | $3.55M | $2.86M | $448,600 | $631K | $40.64M |
| Sold Median Price | $175K | $14,500 | $122,950 | $224,300 | $96K | |
| Avg. Days on Market (solds) | 119 | 401 | 192 | 37 | 225 |
VS.
2nd-Half 2015 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 159 | 125 | 26 | 1 | 3 | 314 |
| Sold Volume | $29.04M | $3.1M | $3.65M | $110K | $902K | $36.8M |
| Sold Median Price | $166K | $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 | 111 | 11 | 4 | 2 | 257 |
| Sold Volume | $20.03M | $1.91M | $978,400 | $812,500 | $1.278M | $25M |
| Sold Median Price | $144K | $12K | $99K | $210K | $639K | |
| Avg. Days on Market (solds) | 200 | 268 | 293 | 104 | 388 |
4th-Quarter 2022 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 79 | 52 | 8 | 1 | 0 | 140 |
| Sold Volume | $29.2M | $3.65M | $1.65M | $555K | $0 | $35M |
| Sold Median Price | $379,900 | $57K | $164,450 | $555K | N/A | |
| Avg. Days on Market (solds) | 75 | 104 | 43 | 15 | N/A |
VS.
4th-Quarter 2021 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 129 | 96 | 13 | 1 | 1 | 240 |
| Sold Volume | $51.7M | $5.93M | $3.47M | $497K | $150K | $61.7M |
| Sold Median Price | $374,900 | $50,250 | $220K | $497K | $150K | |
| Avg. Days on Market (solds) | 36 | 69 | 30 | 13 | 10 |
VS.
4th-Quarter 2020 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 131 | 114 | 8 | 2 | 1 | 256 |
| Sold Volume | $38.7M | $6.95M | $1.63M | $1.14M | $200K | $48.6M |
| Sold Median Price | $282,500 | $37,750 | $208,325 | $572,500 | $200K | |
| Avg. Days on Market (solds) | 55 | 63 | 35 | 57 | 1 |
VS.
4th-Quarter 2019 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 97 | 97 | 10 | 0 | 1 | 205 |
| Sold Volume | $24.3M | $3.19M | $1M | $0 | $450K | $28.94M |
| Sold Median Price | $239,900 | $22,900 | $80,500 | N/A | $450K | |
| Avg. Days on Market (solds) | 88 | 337 | 49 | N/A | 91 |
VS.
4th-Quarter 2018 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 91 | 87 | 7 | 1 | 3 | 189 |
| Sold Volume | $19.28M | $2.43M | $547K | $193K | $892K | $23.34M |
| Sold Median Price | $209,900 | $18K | $65K | $193K | $218K | |
| Avg. Days on Market (solds) | 67 | 286 | 77 | 58 | 95 |
VS.
4th-Quarter 2017 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 112 | 71 | 12 | 4 | 3 | 202 |
| Sold Volume | $25M | $2.06M | $1.82M | $1.16M | $1.1M | $31.14M |
| Sold Median Price | $208K | $17,500 | $167,500 | $281,250 | $185K | |
| Avg. Days on Market (solds) | 117 | 344 | 72 | 74 | 144 |
VS.
4th-Quarter 2016 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 76 | 60 | 8 | 1 | 3 | 148 |
| Sold Volume | $15.76M | $1.19M | $1.047M | $325K | $602K | $18.92M |
| Sold Median Price | $192K | $12,250 | $131K | $325K | $105K | |
| Avg. Days on Market (solds) | 137 | 402 | 133 | 21 | 293 |
VS.
4th-Quarter 2015 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 66 | 50 | 14 | 1 | 0 | 131 |
| Sold Volume | $13.6M | $1.15M | $1.97M | $110K | $0 | $16.83M |
| Sold Median Price | $182,250 | $20K | $141,475 | $110K | N/A | |
| Avg. Days on Market (solds) | 180 | 386 | 105 | 98 | N/A |
VS.
4th-Quarter 2014 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 53 | 42 | 7 | 1 | 2 | 105 |
| Sold Volume | $9.19M | $789K | $469,500 | $182,500 | $1.278M | $11.9M |
| Sold Median Price | $159,900 | $12,250 | $47K | $182,500 | $639K | |
| Avg. Days on Market (solds) | 197 | 283 | 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 2022):
2022 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings (as of 12/31/22) | 18 | 49 | 3 | 0 | 5 | 75 |
| Pendings | 5 | 4 | 2 | 0 | 0 | 11 |
| Solds | 105 | 72 | 8 | 0 | 3 | 188 |
| Sold Volume | $78.2M | $11.9M | $4.53M | $0 | $1.5M | $96.1M |
| Sold Median Price | $735,327 | $96K | $584K | N/A | $400K | |
| Avg. Days on Market (solds) | 22 | 120 | 13 | N/A | 119 |
VS.
2021 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
Current Listings (as of 12/31/21) | 10 | 50 | 0 | 1 | 4 | 65 |
| Pendings | 5 | 7 | 0 | 0 | 1 | 13 |
| Solds | 111 | 93 | 4 | 1 | 8 | 217 |
| Sold Volume | $79.4M | $12.1M | $1.37M | $375K | $14.26M | $107.5M |
| Sold Median Price | $625K | $87,500 | $327K | $375K | $540K | |
| Avg. Days on Market (solds) | 44 | 425 | 224 | 462 | 417 |
VS.
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 2022 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 54 | 37 | 2 | 0 | 0 | 93 |
| Sold Volume | $41.5M | $5.1M | $688K | $0 | $0 | $47.2M |
| Sold Median Price | $772,500 | $105K | $334K | N/A | N/A | |
| Avg. Days on Market (solds) | 24 | 122 | 20 | N/A | N/A |
VS.
2nd-Half 2021 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 68 | 45 | 3 | 0 | 5 | 121 |
| Sold Volume | $48.9M | $6.8M | $1.04M | $0 | $13.1M | $69.84M |
| Sold Median Price | $637K | $120K | $325K | N/A | $800K | |
| Avg. Days on Market (solds) | 35 | 423 | 237 | N/A | 442 |
VS.
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 2022 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 32 | 8 | 1 | 0 | 0 | 41 |
| Sold Volume | $24.3M | $1.5M | $310K | $0 | $0 | $26.1M |
| Sold Median Price | $720,750 | $117,500 | $310K | N/A | N/A | |
| Avg. Days on Market (solds) | 38 | 283 | 40 | N/A | N/A |
VS.
4th-Quarter 2021 | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Solds | 34 | 16 | 2 | 0 | 1 | 53 |
| Sold Volume | $26.8M | $2.88M | $593K | $0 | $7M | $37.2M |
| Sold Median Price | $672K | $132,500 | $296K | N/A | $7M | |
| Avg. Days on Market (solds) | 43 | 230 | 304 | N/A | 0 |
VS.
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:
2022 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 16 | 17 | 3 | 1 | 2 | 38 |
| Pendings | 7 | 4 | 2 | 1 | 1 | 15 |
| Solds | 71 | 38 | 22 | 1 | 8 | 140 |
| Sold Volume | $27.2M | $5.86M | $6.83M | $310K | $3.18M | $43.38M |
| Sold Median Price | $340K | $99,500 | $371K | $310K | $207,500 | |
| Avg. Days on Market (solds) | 28 | 87 | 57 | 20 | 45 |
2021 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 8 | 24 | 5 | 0 | 2 | 39 |
| Pendings | 10 | 4 | 5 | 0 | 2 | 21 |
| Solds | 99 | 75 | 46 | 4 | 7 | 231 |
| Sold Volume | $28.9M | $8.4M | $14.7M | $1.41M | $3.42M | $56.8M |
| Sold Median Price | $245K | $83K | $360K | $289K | $300K | |
| Avg. Days on Market (solds) | 26 | 85 | 25 | 33 | 99 |
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 | 87 | 39 | 3 | 8 | 227 |
| Sold Volume | $21.2M | $8.5M | $7.47M | $632,500 | $3.45M | $41.25M |
| Sold Median Price | $219K | $60K | $195K | $236K | $337,500 | |
| Avg. Days on Market (solds) | 84 | 206 | 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 | 101 | 45 | 24 | 2 | 7 | 179 |
| Sold Volume | $21.8M | $3.14M | $4.84M | $671,500 | $1.44M | $31.89M |
| Sold Median Price | $189K | $44,900 | $191K | $335,750 | $165K | |
| Avg. Days on Market (solds) | 103 | 290 | 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 | 10 | 175 |
| Sold Volume | $20.39M | $1.51M | $4.93M | $268K | $4.35M | $31.45M |
| Sold Median Price | $171K | $38,750 | $175K | $134K | $359K | |
| 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 | 103 | 25 | 18 | 5 | 6 | 157 |
| Sold Volume | $15.63M | $1.43M | $2.63M | $1.2M | $630K | $21.52M |
| Sold Median Price | $125K | $35K | $150,750 | $205K | $72,500 | |
| Avg. Days on Market (solds) | 115 | 320 | 95 | 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 | 85 | 27 | 11 | 1 | 3 | 127 |
| Sold Volume | $13.59M | $1.25M | $1.78M | $207K | $450K | $17.27M |
| Sold Median Price | $140K | $32K | $123K | $207K | $125K | |
| Avg. Days on Market (solds) | 172 | 207 | 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 | 67 | 36 | 16 | 4 | 6 | 129 |
| Sold Volume | $10.13M | $4.75M | $2.29M | $523,400 | $2.2M | $19.8M |
| Sold Median Price | $132K | $39,500 | $147,500 | $142,550 | $225K | |
| Avg. Days on Market (solds) | 224 | 370 | 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 | 65 | 20 | 20 | 1 | 3 | 109 |
| Sold Volume | $8.4M | $826,300 | $2.55M | $99K | $504K | $12.38M |
| Sold Median Price | $116K | $25K | $143K | $99K | $144K | |
| Avg. Days on Market (solds) | 179 | 276 | 108 | 25 | 166 |
LONG BEACH PENINSULA (Ilwaco to Surfside Estates) MARKET:
2022 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 83 | 82 | 6 | 2 | 4 | 177 |
| Pendings | 29 | 10 | 1 | 1 | 0 | 41 |
| Solds | 353 | 191 | 31 | 1 | 11 | 587 |
| Sold Volume | $133.6M | $21.1M | $8.24M | $589K | $5.94M | $169.4M |
| Sold Median Price | $340K | $92,900 | $260K | $589K | $420K | |
| Avg. Days on Market (solds) | 44 | 65 | 35 | 0 | 109 |
VS.
2021 Year-End | Homes | Land | Condos | Multi- Family | Commercial | Total |
| Current Listings | 43 | 67 | 2 | 0 | 5 | 117 |
| Pendings | 37 | 28 | 2 | 0 | 1 | 68 |
| Solds | 474 | 251 | 70 | 2 | 14 | 811 |
| Sold Volume | $168.2M | $23.1M | $18.1M | $2.18M | $5.44M | $217M |
| Sold Median Price | $315,500 | $75K | $223K | $1.09M | $315K | |
| Avg. Days on Market (solds) | 34 | 96 | 22 | 29 | 139 |
VS.
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 | 225 | 70 | 2 | 9 | 698 |
| Sold Volume | $108.1M | $14.8M | $11.9M | $1.04M | $3.85M | $139.7M |
| Sold Median Price | $244,450 | $49,500 | $152K | $520K | $385K | |
| Avg. Days on Market (solds) | 70 | 264 | 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 | 368 | 172 | 48 | 7 | 6 | 601 |
| Sold Volume | $89.4M | $9.41M | $8.41M | $2.71M | $1.37M | $111.3M |
| Sold Median Price | $220K | $43,350 | $179K | $350K | $215K | |
| Avg. Days on Market (solds) | 98 | 221 | 95 | 169 | 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 | 399 | 158 | 37 | 5 | 17 | 616 |
| Sold Volume | $86.5M | $8.73M | $6.75M | $1.77M | $3.2M | $106.9M |
| Sold Median Price | $199K | $42,500 | $176,800 | $375K | $160K | |
| Avg. Days on Market (solds) | 98 | 271 | 109 | 36 | 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 | 381 | 166 | 47 | 4 | 5 | 603 |
| Sold Volume | $77.5M | $8.03M | $6.82M | $817K | $1.78M | $94.9M |
| Sold Median Price | $174,900 | $37,125 | $134,900 | $162,500 | $242K | |
| Avg. Days on Market (solds) | 125 | 311 | 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 | 380 | 125 | 30 | 0 | 9 | 544 |
| Sold Volume | $66.2M | $5.3M | $5.09M | $0 | $3.05M | $79.64M |
| Sold Median Price | $149,500 | $32K | $189K | N/A | $220K | |
| Avg. Days on Market (solds) | 149 | 336 | 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 | 348 | 123 | 36 | 2 | 3 | 512 |
| Sold Volume | $58.5M | $6.67M | $4.44M | $403K | $640K | $70.6M |
| Sold Median Price | $149,900 | $32K | $103,250 | $201,500 | $245K | |
| Avg. Days on Market (solds) | 195 | 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 | 262 | 111 | 27 | 1 | 6 | 407 |
| Sold Volume | $41.8M | $3.94M | $2.16M | $89,950 | $610K | $48.6M |
| Sold Median Price | $139,500 | $26K | $80K | $89,950 | $101,500 | |
| Avg. Days on Market (solds) | 203 | 287 | 672 | 308 | 319 |
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:
- 2023 FHA Loan Limits for Grays Harbor County have increased to $472K, $604K, $730K, $907K (single-family residential, duplex, tri-plex, 4-plex, respectively).
- 2023 Fannie Mae/Freddie Mac Conforming Loan Limits have increased to $726K, $929K, $1.23M, $1.396M (single-family residential, duplex, tri-plex, 4-plex, respectively).
- VA Funding Fee = 2.3% of the loan amount (for "first-time" VA loan applicants); and 3.6% (for veterans who have take out a VA loan before-"subsequent").VA Funding Fee = 1.65% of the loan amount (with 5%+ down payment); and 1.4% (with 10%+ down payment) ("first-time" or "subsequent").
The items above were obtained from different online news sources.
Interest rates are around 6% 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 mortgage loan broker, Highlands Mortgage....Desiree Goodwin, the Residential Loan Officer, at 425-232-8028 (cell), 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 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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