April Swenson, Managing Broker at
Coldwell Banker Ocean Shores Brokers Real Estate
1st-Quarter 2014
Ocean
Shores/North Beach
Newsletter
Presented by
April Swenson,
CRS & Managing Broker for Coldwell Banker Ocean Shores
Brokers Real Estate
NOTABLE NEWS &
EVENTS
COLDWELL BANKER OCEAN SHORES BROKERS HAS A
NEWLY DESIGNED WEB SITE
My company's
web site has been completely re-designed and made more user-friendly. It is
also auto responsive, so it can be seen on laptops, tablets and smart phones.
Check it out at www.OceanShoresBrokers.com.
I HAVE NEW FACEBOOK
PAGES
WINTER SNOW CAME TO THE
BEACH
OTHER NOTABLE
LOCAL NEWS
- 2 Commercial
Buildings on Pt Brown Ave NW have been bought and are undergoing major
remodeling...stay tuned for updates on the businesses that will be going in
them.
- The Ocean
Crest Resort Restaurant in Moclips is still under construction (ruined by a
fire).
- The Ocean
Shores City Council approved a 30-day camping allowance for Homeowners. In a
rule that has been primarily un-realized and unenforced, properties with homes
were allowed to park RVs/trailers/5th-wheels year-round, but not allowed to be
used by overnight guests. So for Homeowners, it is now legal to have
guests/family stay in your RV/trailer/5th-wheel up to 30-days per
year at 10-days max per stay.
NOTE: The 90-day camping rule on Vacant Land still applies. The above
rule only applies to properties with homes.
UPCOMING
EVENTS
- May 10th-10th ~ Home
Business Vendor Show: held at the Convention Center.
- May
23rd-25th ~ Grays Harbor County Expo: held at the Convention
Center.
- June
7th ~ Wearable Art Show: held at the Convention Center.
- June
7th-8th ~ Festival of Colors: Kite Flying and Stunt Kite Flying on the
Beach.
- June 14th ~
Flag Day Parade: held in the streets of downtown Ocean Shores
celebrating Old Glory.
- June
27th-29th ~ Five Star Dealerships Sand & Sawdust
Festival: Sandcastle Building and Wood Carving competitions and
displays.
- July
4th ~ Family 4th Festival: held at the Convention Center, then enjoy
fireworks on the Beach.
- July 12th-13th
~ Triathlon & Foot Fest: running events held throughout the streets
of Ocean Shores.
- July 25th-27th
~ Sun & Surf Run: motorcycles comes to Ocean
Shores.
BUYS IN OCEAN
SHORES
Click on the
following links to view the MLS flyers for some good deals on properties in
Ocean Shores:
1st-Quarter
2014 ACTIVITY/UPDATE
(January
1st-March 31st)
We are off to a good
start for 2014. Here are some positive numbers:
- # of Homes Sold in Ocean Shores
increased from 38 in the 1st-Q of 2013 to 52 in
the 1st-Q of 2014
- Median
Sales Price for Homes increased from $139,900 at end of
2013 to $145K in the 1st-Q of 2014
- # of Lots Sold in Ocean Shores
increased from 27 in the 1st-Q of 2013 to 35 in the 1st-Q of
2014
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.
OCEAN
SHORES MARKET:
1st-Quarter
2014
|
Homes
|
Land
|
Condos
|
Multi-
Family
|
Commercial
|
Total
|
| Current
Listings | 212 | 439 | 29 | 5 | 16 | 701 |
| Pendings | 31 | 7 | 1 | 0 | 1 | 40 |
| Solds | 52 | 35 | 4 | 0 | 4 | 95 |
| Sold
Volume | $8.13M | $795,614 | $394.500 | $0 | $630K | $9.95M |
| Sold Median
Price | $145K | $15K | $93,250 | N/A | $170,500 | |
| Avg. Days on
Market (solds) | 241 | 367 | 161 | N/A | 280 | |
NORTH BEACH
(Ocean City to
Moclips) MARKET:
Click on the
following links to view the MLS flyers for sold properties (1st-Quarter of
2014):
Sold
Homes
Sold
Land
1st-Quarter
2014
|
Homes
|
Land
|
Condos
|
Multi-
Family
|
Commercial
|
Total
|
| Current
Listings | 54 | 138 | 1 | 0 | 5 | 198 |
| Pendings | 4 | 1 | 0 | 0 | 0 | 5 |
| Solds | 7 | 1 | 0 | 0 | 0 | 8 |
| Sold
Volume | $2.194M | $43K | $0 | $0 | $0 | $2.237M |
| Sold Median
Price | $304,500 | $43K | N/A | N/A | N/A | |
| Avg. Days on
Market (solds) | 143 | 265 | N/A | N/A | N/A | |
NOTE: All of the above data was
pulled from the NWMLS and is not guaranteed.
FINANCING
NEWS
MORTGAGE NEWS
Interest rates are
down to around 4.25-4.375% 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.
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.
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!