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April Swenson, Managing Broker at
Ocean Shores Brokers Real Estate

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


2012 Year-End Review
Ocean Shores/North Beach
Newsletter
Presented by April Swenson,
Managing Broker & CRS for Ocean Shores Brokers Real Estate



NOTABLE NEWS & EVENTS


THE MOVE TO OCEAN SHORES BROKERS

I am enjoying working at Ocean Shores Brokers Real Estate. I moved here on October 31st after the owners of my previous company, Coldwell Banker Ocean Beach Properties, decided to close the doors because they were moving to Mercer Island. My colleagues and I finished off strong at CB OBP. I really enjoy working with the owner Dawn Galeana, and I look forward to the future here. Business and activity is going well. See my Blog Posting by clicking here.

WINTER FANTA-SEA CRAFT FAIR 2012

To mark the beginning of the Christmas season, the annual Winter Fanta-Sea Craft Fair was held at the Convention Center. See more info and pictures at www.OceanShoresInfo.com/pics/winterfantaseacraftfair2012.html.

CHRISTMAS 2012

Christmas Eve was a beautiful day. Christmas Day was met by wind and rain. I went down to the Bay and took some video of the stormy waters, which was neat to watch....check it out on my web site at www.OceanShoresInfo.com/pics/christmas2012.html.

CLAM DIGGING 2013

The next clam digs are scheduled in February. We did have some nice evening clam digs in January. See the schedule on my web site at www.OceanShoresInfo.com/pics/clamdigging.html.

NEW PICTURES AND YOUTUBE VIDEOS UPLOADED

Click on the following links to see my new pictures on my web site (www.OceanShoresInfo.com) and my new videos uploaded onto my YouTube site (www.youtube.com/AprilSwenson):


OTHER NOTABLE LOCAL NEWS


UPCOMING EVENTS

February 9th-10th ~ Antique & Collectibles Show: held at the Convention Center.

March 2nd-3rd ~ Beachcombers' Fun Fair: held at the Convention Center.

March 23rd-24th ~ Razor Clam Festival & Seafood Extravaganza: held at the Convention Center.

April 19th-21st ~ Fine Arts, Photo, & Electronic Show: art show held at the Convention Center.

April 26th-28th ~ Spring Fling Arts & Crafts Show: held 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+

View Homes

Waterfront Homes

Condos

Lots $10K or Less

Lots $10K-$15K

Lots $15K-20K

Lots $20K+

View Lots

Waterfront Lots



2012 MARKET ACTIVITY/UPDATE
(January 1st-December 31st)


We have some very positive numbers:
The numbers below show that Ocean Shores is still dominating the market for affordability and productivity (# of properties and volume closed) compared to the other beach towns along the Washington Coast.


OCEAN SHORES MARKET:

Click on the following links to view the MLS flyers for sold properties (4th-Quarter of 2012):
Sold Homes
Sold Lots
Sold Condos
Sold Multi-Family

2012 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings 190 403 34 3 14 644
 Pendings 19 5 0 0 1 25
 Solds 165 161 17 5 5 353
 Sold Volume $23M $3.361M $1.822M $2.286M $681,800 $31.15M
 Sold Median Price $130K $16K $99,500 $205K $88,900
 Avg. Days on Market (solds) 206 384 401 86 414

VS.

2011 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings 213 460 39 2 12 726
 Pendings 20 8 3 1 2 34
 Solds 169 132 16 1 3 321
 Sold Volume $24.2M $3.734M $2.293M $179,900 $601,500 $31M
 Sold Median Price $130K $17K $187,450 $179,900 $49K
 Avg. Days on Market (solds) 223 254 430 117 97



2nd-Half 2012
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds 90 79 12 3 2 186
 Sold Volume $13.69M $1.636M $1.524M $1.955M $352,900 $19.158M
 Sold Median Price $138,700 $15K $137,500 $205K $176,450
 Avg. Days on Market (solds) 186 427 329 25 406

VS.

2nd-Half 2011
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds 102 70 11 0 1 184
 Sold Volume $14.336M $2.105M $1.485M $0 $77,500 $18M
 Sold Median Price $128K $18,250 $189,900 N/A $77,500
 Avg. Days on Market (solds) 224 261 221 N/A 154



4th-Quarter 2012
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds 47 34 9 2 0 92
 Sold Volume $7.576M $659,400 $1.084M $1.8M $0 $11.12M
 Sold Median Price $150K $8,250 $130K $902,500 N/A
 Avg. Days on Market (solds) 179 436 349 35 N/A

VS.

4th-Quarter 2011
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds 56 29 6 0 1 92
 Sold Volume $7.289M $919,987 $762,799 $0 $77,500 $9.049M
 Sold Median Price $121,250 $18K $152,400 N/A $77,500
 Avg. Days on Market (solds) 213 248 190 N/A 154



NORTH BEACH (Ocean City to Moclips) MARKET:

Click on the following links to view the MLS flyers for sold properties (4th-Quarter of 2012):
Sold Homes
Sold Land
Sold Condos

2012 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings 45 98 2 1 11 157
 Pendings 1 1 0 0 0 2
 Solds 27 21 1 0 0 49
 Sold Volume $4.71M $1.086M $101K $0 $0 $5.897M
 Sold Median Price $160K $22K $101K N/A N/A
 Avg. Days on Market (solds) 206 410 411 N/A N/A

VS.

2011 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings 51 102 2 0 8 163
 Pendings 5 1 0 0 0 7
 Solds 38 23 16 0 0 62
 Sold Volume $9.657M $1.181M $115K $0 $0 $11.582M
 Sold Median Price $257,035 $32,500 $115K N/A N/A
 Avg. Days on Market (solds) 237 360 216 N/A N/A



2nd-Half 2012
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds 6 9 1 0 0 16
 Sold Volume $1.295M $347,200 $101K $0 $0 $1.743M
 Sold Median Price $212,450 $16,500 $101K N/A N/A
 Avg. Days on Market (solds) 186 427 329 25 406

VS.

2nd-Half 2011
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds 17 7 1 0 0 25
 Sold Volume $4.143M $705,400 $115K $0 $0 $4.963M
 Sold Median Price $275K $25K $115K N/A N/A
 Avg. Days on Market (solds) 177 201 216 N/A N/A



4th-Quarter 2012
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds 4 3 1 0 0 8
 Sold Volume $810K $186,750 $101K N/A N/A $1.098M
 Sold Median Price $210K $30K $101K N/A N/A
 Avg. Days on Market (solds) 299 458 411 N/A N/A

VS.

4th-Quarter 2011
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds 9 2 1 0 0 12
 Sold Volume $2.462M $178,900 $115K $0 $0 $2.756M
 Sold Median Price $209,068 $89,450 $115K N/A N/A
 Avg. Days on Market (solds) 196 165 216 N/A N/A



SOUTH BEACH (Westport/Grayland/Ocosta) MARKET:

2012 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings 57 78 13 4 13 165
 Pendings 1 0 1 2 0 4
 Solds 44 17 15 3 0 79
 Sold Volume $5.605M $1.1M $2.313M $202,900 $0 $9.22M
 Sold Median Price $100,150 $43K $133K $64K N/A
 Avg. Days on Market (solds) 217 451 152 133 N/A

VS.

2011 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings 110 123 10 2 10 255
 Pendings 7 3 2 3 0 15
 Solds 73 21 13 1 2 110
 Sold Volume $9.153M $2.216M $1.746M $120K $421K $13.656M
 Sold Median Price $95K $50K $130K $120K $210,500
 Avg. Days on Market (solds) 222 333 300 691 65



LONG BEACH PENINSULA (Ilwaco to Surfside Estates) MARKET:

2012 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings 223 266 35 7 26 557
 Pendings 17 1 0 0 1 19
 Solds 188 82 17 1 5 293
 Sold Volume $22.81M $2.545M $2.29M $128K $913,500 $28.686M
 Sold Median Price $110K $25,500 $160K $128K $111,500
 Avg. Days on Market (solds) 251 283 268 166 166

VS.

2011 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings 263 272 41 2 21 599
 Pendings 15 1 0 1 2 19
 Solds 167 63 14 1 6 251
 Sold Volume $25.882M $2.66M $1.969M $140K $1.644M $32.295M
 Sold Median Price $130K $25K $121,325 $140K $240K
 Avg. Days on Market (solds) 238 335 181 30 339

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



FINANCING NEWS


MORTGAGE NEWS

In 2012, the total volume for residential mortgage originations rose by 24.8% from 2011 ($1.835T in 2012 compared to $1.47T in 2011).

POSITIVE NEWS

Interest rates are still very low at around 3.75%-4% 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. You can call Jodi Hampton, the Residential Loan Officer, at 360-628-6648 (cell) or e-mail her at jhampton@bankofthepacific.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!



April Swenson, Managing Broker & CRS
Ocean Shores Brokers Real Estate ~ Ocean Shores, WA

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

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