April Swenson, Managing Broker at
Coldwell Banker Ocean Shores Brokers Real Estate
3rd-Quarter 2015
Ocean
Shores/North Beach
Newsletter
Presented by
April Swenson,
CRS and Managing Broker for Coldwell Banker Ocean Shores
Brokers Real Estate
NOTABLE NEWS and
EVENTS
UPCOMING
EVENTS
- October
21st-25th ~ Irish Music Festival: Irish music bands play at the
Convention Center.
- November
27th-29th ~ Winter Fanta-Sea Craft Show: buy Christmas crafts/gifts 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:
3rd-Quarter
2015 ACTIVITY/UPDATE
(July
1st - Sept 30th)
Here are some very
positive numbers:
- # of
Total Listings in Ocean Shores decreased from 841 a year ago to
727 in the 3rd-Q of 2015.
- # of
Total Pendings in Ocean Shores
increased from 57 a year ago to 71 in the 3rd-Q of
2015.
- # of
Total Solds in Ocean Shores
increased from 152 a year ago to 181 in the 3rd-Q of
2015.
- Land is
remaining stable, but relatively the same. The # of Total Listings has
decreased a small amount since a year ago.
- Homes
have decreased in the # of Listings, and increased in the # of
Solds and the Median Sales Price.
OCEAN
SHORES MARKET:
Click
on the following links to view the MLS flyers for sold properties (3rd-Quarter
of 2015):
Sold
Commercial
3rd-Quarter 2015
|
Homes
|
Land
|
Condos
|
Multi-
Family
|
Commercial
|
Total
|
| Current
Listings | 175 | 488 | 46 | 5 | 13 | 727 |
| Pendings | 39 | 19 | 11 | 2 | 0 | 71 |
| Solds | 93 | 75 | 10 | 0 | 3 | 181 |
| Sold
Volume | $15.4M | $1.948M | $1.358M | $0 | $902K | $19.608M |
| Sold Median
Price | $160K | $14K | $126,475 | N/A | 185K | |
| Avg. Days on
Market (solds) | 159 | 354 | 85 | N/A | 467 | |
VS.
3rd-Quarter 2014
|
Homes
|
Land
|
Condos
|
Multi-
Family
|
Commercial
|
Total
|
| Current
Listings | 235 | 552 | 29 | 7 | 18 | 841 |
| Pendings | 35 | 15 | 5 | 1 | 1 | 57 |
| Solds | 76 | 69 | 4 | 3 | 0 | 152 |
| Sold
Volume | $10.84M | $1.125M | $508,900 | $630K | $0 | $13.1039M |
| Sold Median
Price | $139,500 | $12K | $125,700 | $210K | N/A | |
| Avg. Days on
Market (solds) | 202 | 259 | 353 | 14 | N/A | |
NORTH BEACH
(Ocean City to
Moclips) MARKET:
Click on the
following links to view the MLS flyers for sold properties (3rd-Quarter of
2015):
3rd-Quarter
2015
|
Homes
|
Land
|
Condos
|
Multi-
Family
|
Commercial
|
Total
|
| Current
Listings | 75 | 105 | 1 | 2 | 8 | 191 |
| Pendings | 8 | 6 | 0 | 0 | 2 | 16 |
| Solds | 12 | 8 | 0 | 0 | 0 | 20 |
| Sold
Volume | $2.967M | $306,900 | $0 | $0 | $0 | $3.2739M |
| Sold Median
Price | $152,500 | $9,900 | N/A | N/A | N/A | |
| Avg. Days on
Market (solds) | 247 | 303 | N/A | N/A | N/A | |
VS.
3rd-Quarter
2014
|
Homes
|
Land
|
Condos
|
Multi-
Family
|
Commercial
|
Total
|
| Current
Listings | 71 | 169 | 0 | 0 | 2 | 242 |
| Pendings | 7 | 3 | 0 | 0 | 0 | 10 |
| Solds | 6 | 6 | 0 | 0 | 0 | 12 |
| Sold
Volume | $1.86M | $104K | $0 | $0 | $0 | $1.964M |
| Sold Median
Price | $313,500 | $7,500 | N/A | N/A | N/A | |
| Avg. Days on
Market (solds) | 216 | 340 | 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 4.125% to 4.25% 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....Desi 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. Or, Lee Hauser at Wells Fargo in Aberdeen
at 360-537-7307, or e-mail her at lee.hauser@wellsfargo.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
Your Beach
Destination Awaits You at the #1 Washington Coast
Town!