Tuesday, May 30, 2023

1st-Q 2023 Ocean Shores/North Beach Real Estate Newsletter

 1st-Quarter 2023
Ocean Shores/North Beach
Newsletter
Presented by April Swenson,
CRS & Managing/Designated Broker for
Coldwell Banker Ocean Shores Brokers Real Estate
aswenson25@juno.com    360-589-2777 cell/text    www.OceanShoresInfo.com 


1st-Quarter 2023
MARKET ACTIVITY/UPDATE
(January 1st - March 31st)
 
OCEAN SHORES MARKET:

1st-Quarter
2023
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
 (as of 4/12/23)
 97 185 16 5 4 307
 Pendings 32 22 2 0 1 57
 Solds 61 36 10 1 2 110
 Sold Volume $24.5M $2.19M $2.1M $480K $1.27M $30.54M
 Sold Median
 Price
 $400K $43,750 $210,335 $480K $635K 
 Avg. Days on 
 Market (solds)
 115 111 69 107 29 
 
VS.
 
1st-Quarter
2022
 Homes
Land 
Condos 
Multi-
Family
 
Commercial 
Total 
 Solds 88 104 8 2 0 202
 Sold Volume $37.09M $6.9M $2.44M $1.54M $0 $47.97M
 Sold Median Price $399,250 $57K $330,250 $771,500 N/A 
 Avg. Days on
 Market (solds)
 41 81 25 126 N/A 
 
VS.
 
1st-Quarter
2021
 Homes
Land 
Condos 
Multi-
Family
 
Commercial 
Total 
 Solds 105 125 13 1 1 245
 Sold Volume $35M $7.74M $1.86M $539K $325K $45.46M
 Sold Median Price $317,450 $48K $90K $539K $325K 
 Avg. Days on
 Market (solds)
 36 102 415 445 62 
 
VS.
 
1st-Quarter
2020
 Homes
Land 
Condos 
Multi-
Family
 
Commercial 
Total 
 Solds 65 76 6 1 1 149
 Sold Volume $15.3M $3.1M $807,500 $150K $155K $19.5M
 Sold Median Price $230K $22K $94,750 $150K $155K 
 Avg. Days on
 Market (solds)
 72 346 147 18 4 
 
NOTE: All of the above data was pulled from the NWMLS and is not guaranteed.
 
 
NORTH BEACH (Ocean City to Moclips) MARKET:
 
1st-Quarter
2023
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
 (as of 4/12/23)
 19 35 3 0 3 60
 Pendings 9 5 0 0 2 16
 Solds 21 7 0 0 0 28
 Sold Volume $17.8M $494K $0 $0 $0 $18.29M
 Sold Median
 Price
 $899K $47,500 N/A N/A N/A 
 Avg. Days on 
 Market (solds)
 36 107 N/A N/A N/A 
 
VS.
 
1st-Quarter
2022
 Homes
Land 
Condos 
Multi-
Family
 
Commercial 
Total 
 Solds 24 18 5 0 2 49
 Sold Volume $17.4M $2.57M $3.5M $0 $1.4M $24.87M
 Sold Median Price $556,969 $67,500 $749K N/A $697,500 
 Avg. Days on
 Market (solds)
 31 70 3 N/A 52 
 
VS.
 
1st-Quarter
2021
 Homes
Land 
Condos 
Multi-
Family
 
Commercial 
Total 
 Solds 28 26 0 0 2 56
 Sold Volume $20.35M $3.01M $0 $0 $684K $24.04M
 Sold Median Price $450,693 $93,750 N/A N/A $342K 
 Avg. Days on
 Market (solds)
 58 440 N/A N/A 21 
 
VS.
 
1st-Quarter
2020
 Homes
Land 
Condos 
Multi-
Family
 
Commercial 
Total 
 Solds 18 5 0 0 0 23
 Sold Volume $8.05M $1.12M $0 $0 $0 $9.17M
 Sold Median Price $341,950 $99K N/A N/A N/A 
 Avg. Days on
 Market (solds)
 83 174 N/A N/A N/A 
 
NOTE: All of the above data was pulled from the NWMLS and is not guaranteed.
 
 
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)
 

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