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April Swenson, Managing Broker at
Coldwell Banker Ocean Shores Brokers

Cell / Text: 360-589-2777       aswenson25@juno.com
          Fax: 360-289-3941                                 www.OceanShoresInfo.com
Ocean Shores, WA Real Estate


July 2011
Ocean Shores/North Beach
Newsletter
Presented by April Swenson,
CRS, Realtor & Managing Broker for Coldwell Banker Ocean Shores Brokers


NOTABLE NEWS/EVENTS


INDEPENDENCE DAY 2011

Ocean Shores lit up for Independence Day weekend with tons of fireworks....truly a sight to see. For more pictures and information, please visit www.OceanShoresInfo.com/pics/july4th2011.html


FIVE STAR DEALERSHIPS SAND & SAWDUST FESTIVAL 2011

The wonderful event of sandcastle building and wood carving was held on June 25th-27th. This is personally one my favorite events. See more info and pictures at www.OceanShoresInfo.com/pics/sand&sawdustfestival2010.html


INDEPENDENCE DAY 2010

The wonderful event of sandcastle building and wood carving was held on June 24th-26th. This is personally one my favorite events. See more info and pictures at www.OceanShoresInfo.com/pics/sand&sawdustfestival2011.html


FLAG DAY PARADE 2011

Ocean Shores honored Old Glory through its annual Parade in downtown on June 11th. See more info and pictures at www.OceanShoresInfo.com/pics/flagdayparade2011.html


BEACHCOMBER 2011

The annual Beachcomber Fair was held at the Convention Center on March 5-6th. See more pictures and info at www.OceanShoresInfo.com/pics/beachcomberfair2011.html


OTHER NOTABLE LOCAL NEWS


UPCOMING EVENTS


July 29th-31st ~ Sun & Surf Run: over 2,000 motorcycles and riders come to town.

August 13th-14th ~ Fun Fly in Ocean Shores: watch the colorful kites on the beach.

September 9th-11th ~ Arts & Craft Festival: hand-crafted items displayed at the Convention Center.



BUYS IN OCEAN SHORES


Click on the following links to view the MLS flyers for some good deals on properties in Ocean Shores:

Homes Under $100K

Homes $100K-$150K

Homes $150K-$200K

Homes Over $200K

View Homes

Waterfront Homes

Lots $10K or Less

Lots $10K-$15K

Lots $15K-20K

Lots Over $20K

View Lots

Waterfront Lots


MARKET ACTIVITY/UPDATE
(January 1st thru June 30th)

Ocean Shores is still the #1 beach town in the number of sold properties, as well as the top tourist destination along the Washington Coast. The North Beach area has seen a definite increase over last year, mainly due to Seabrook in Pacific Beach.


OCEAN SHORES MARKET:

Click on the following links to view the MLS flyers for sold properties (1st half of 2011):
Sold Homes
Sold Lots
Sold Condos
Sold Multi-Family
Sold Commercial

1st-Half of 2011

Homes

Land

Condos

Multi-Family

Commercial

Total

Current Listings

296

472

73

5

16

862

Pendings

29

17

9

0

1

56

Solds

63

62

4

1

2

132

Sold Volume

$9.32M

$1.63M

$509K

$179,900

$524K

$12.16M

Sold Median Price

$139,900

$16K

$130,500

$179,900

$262K

Avg. Days on Market (solds)

229

247

241

117

39



NORTH BEACH (Ocean City to Moclips) MARKET:

Click on the following links to view the MLS flyers for sold properties (1st half of 2011):
Sold Homes
Sold Land

1st-half of 2011

Homes

Land

Condos

Multi-Family

Commercial

Total

Current Listings

46

122

3

1

9

181

Pendings

10

3

0

0

0

13

Solds

21

18

0

0

0

39

Sold Volume

$5.51M

$1.6M

$0

$0

$0

$7.11M

Sold Median Price

$250K

$54,875

$0

$0

$0

Avg. Days on Market (solds)

287

425

0

0

0



SOUTH BEACH (Westport/Grayland/Ocosta) MARKET:

1st-half of 2011

Homes

Land

Condos

Multi-Family

Commercial

Total

Current Listings

138

156

16

1

18

329

Pendings

13

2

1

1

0

17

Solds

27

13

9

1

0

50

Sold Volume

$2.73M

$1.65M

$1.19M

$120K

$0

$5.69M

Sold Median Price

$84,800

$47,500

$125K

$120K

$0

Avg. Days on Market (solds)

310

234

246

691

0



LONG BEACH PENINSULA (Ilwaco to Surfside Estates) MARKET:

1st-half of 2011

Homes

Land

Condos

Multi-Family

Commercial

Total

Current Listings

308

299

38

2

14

661

Pendings

20

9

0

0

1

30

Solds

66

18

5

1

2

92

Sold Volume

$10M

$654K

$886K

$140K

$414K

$12M

Sold Median Price

$120,350

$33,750

$160K

$140K

$207,250

Avg. Days on Market (solds)

265

423

159

30

780

NOTE: All of the above data was pulled from the NWMLS and is not guaranteed.



FINANCING NEWS


POSITIVE NEWS

Interest rates are still very low at around 4.5-4.875% with 0 points. Funding is available through FHA, VA, USDA and conventional loans to buy primary and secondary 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. You can call Carol Warfield, the Vice President Residential Loan Officer, at 360-580-0187 (cell) or e-mail her at cwarfield@thebankofpacific.com. Interest rates are still very low.


Once again, if you ever have any questions about Ocean Shores, the North Beach, the surrounding Grays Harbor cities, and/or real estate, please do not hesitate to call or e-mail me.
~ April Swenson


Your Beach Destination Awaits You at the #1 Washington Coast Town!



April Swenson, Managing Broker & CRS
Coldwell Banker Ocean Shores Brokers ~ Ocean Shores, WA

Cell / Text:   360-589-2777
Fax: 360-289-3941
aswenson25@juno.com              www.OceanShoresInfo.com

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