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April Swenson, Managing Broker at
Coldwell Banker 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


2017 Year-End Review
Ocean Shores/North Beach
Newsletter
Presented by April Swenson,
CRS and Managing Broker for Coldwell Banker Ocean Shores Brokers Real Estate
Like Me at www.Facebook.com/OceanShoresProperties



NOTABLE NEWS and EVENTS
 
NEW YEARS DAY 2018
 
New Years Day was a beautiful day.  Check out my pictures and the video I took of the Full Moon rising over the Bay at www.OceanShoresInfo.com/pics/newyearsday2018.html. 

 
PADDLE the SHORES 2017
 
Held on Labor Day Weekend, which had beautiful weather.  Great boat races starting at the Lake Minard Canal boat dock.  Check out my pictures and my video on my web site at www.OceanShoresInfo.com/pics/paddletheshores2017.html.  
 
 
SEAHAWKS FAN FEST 2017
 
The Seahawks weekend at the beach.  Check out my pictures and my video on my web site at www.OceanShoresInfo.com/pics/seahawksfanfest2017.html. 
 
 
SOLAR ECLIPSE 2017
 
A rare total solar eclipse could be seen (with proper glasses) from the beach.  Check out my pictures on my web site at www.OceanShoresInfo.com/news/solareclipse2017.html.


NEW 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 (http://www.youtube.com/AprilSwenson):
 

OTHER NOTABLE LOCAL NEWS
  • City Profile 2017: http://osgov.com/files/CityProfile2017.pdf
  • 2017 saw 105 housing starts/permits (per City stats)
  • Ambulance Fee (shown on the City's Water/Sewer bill) will increase from $7.48/mo ($14.96/every 2 months) to $19.03/mo ($38.06/every 2 months)
  • Tentative Upcoming Clam Digs: Ocean Shores ~ Jan 29th, Jan 31st, Feb 2nd (evening digs)
  • Ranking Reports:   I was #16 among all Grays Harbor County brokers for the Number (#) of Transactions Closed for 2017.  I was #11 among all Ocean Shores brokers for the Number (#) of Transactions Closed for 2017.  I was #3 among all Grays Harbor County brokers for the Number (#) of Condos Closed for 2017.
 
UPCOMING EVENTS 
  • January 12th-14th ~ A Pirates Life For Us: local pirate association gather for entertainment and merriment.
  • February 17th-18th ~ Antique & Collectibles Show: held at the Convention Center.
  • March 3rd-4th ~ Beachcombers' Fun Fair: held at the Convention Center.
  • March 17th ~ Razor Clam Festival & Seafood Extravaganza: held at the Convention Center.
  • March 18th ~ Dugan's Run: running event.
  • April 7th ~ Ocean Shores Food Bank Event: event benefiting our local food bank held at the Convention Center.
  • April 27th-29th ~ Fine Arts, Photo, & 3-D Show: art show held at the Convention Center.
  • May 12th ~ Youth Fishing Derby: held at North Bay Park.
  • May 19th(?) ~ Clam Digger Rod Run: car show held at the Elks Lodge.
  • May 25th-27th ~ Grays Harbor County Expo: 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:
 
 
 
 
 
 
 
 
 
 
 
 

2017 MARKET ACTIVITY/UPDATE
(January 1st-December 31st)
 
We have done incredibly well in 2017.
  • For Home Sales:  We have not seen the Number (#), Volume, or Median Sales Price this high in all of my years as a broker (I started in Sept 2004).
  • # of Homes Sold in Ocean Shores increased from 198 in 2013 to 245 in 2014 to 306 in 2015 to 317 in 2016 to 395 in 2017.
  • Median Sales Price for Homes increased from $139,900 in 2013 to $143,900 in 2014 to $159,950 in 2015 to $169,900 in 2016 to $195K in 2017.
  • Sold Volume for Homes increased from $29.16M in 2013 to $37.35M in 2014 to $53.06M in 2015 to $58.34M in 2016 to $83.4M in 2017.
  • # of Land Sold in Ocean Shores increased from 169 in 2013 to 190 in 2014 to 263 in 2015 to 275 in 2016 to 343 in 2017.
  • # of Total Properties Sold in Ocean Shores rose from 391 in 2013 to 464 in 2014 to 612 in 2015 to 656 in 2016 to 805 in 2017.
  • Total Sold Volume in Ocean Shores rose from $36.577M in 2013 to $45.6M in 2014 to $66.86M in 2015 to $73.16M in 2016 to $102.7M in 2017.
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 and homes.
 
OCEAN SHORES MARKET:
 
Click on the following links to view the MLS flyers for sold properties (4th-Quarter of 2017):
 
2017 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings (as of 12/31/17)
 98
 396
 33
 0
 10
 537
 Pendings
 54
 23
 6
 2
 4
 89
 Solds
 395
 343
 54
 5
 8
 805
 Sold Volume
 $83.4M
 $8.63M
 $7.35M
 $1.37M
 $1.94M
 $102.7M
 Sold Median Price
 $195K
 $15K
 $125,919
 $257,500
 $185K
 
 Avg. Days on Market (solds)
 115
 378
 160
 97
 157
 
 
VS.
 
2016 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings (as of 12/31/16)
 128
 503
 38
 4
 14
 687
 Pendings
 34
 14
 6
 0
 1
 55
 Solds
 317
 275
 52
 6
 6
 656
 Sold Volume
 $58.34M
 $6.08M
 $6.47M
 $1.29M
 $987K
 $73.167M
 Sold Median Price
 $169,900
 $13,900
 $137,950
 $209K
 $96K
 
 Avg. Days on Market (solds)
 134
 381
 141
 454
 157
 
 
VS.
 
2015 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings (as of 12/31/15)
 137
 608
 49
 3
 10
 807
 Pendings
 28
 7
 7
 1
 1
 44
 Solds
 306
 263
 33
 3
 7
 612
 Sold Volume
 $53.06M
 $6.11M
 $4.22M
 $780K
 $2.69M
 $66.86M
 Sold Median Price
 $159,950
 $14K
 $130K
 $240K
 $150K
 
 Avg. Days on Market (solds)
 190
 359
 162
 163
 336
 
 
VS.
 
2014 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings (as of 12/31/14)
 195
 552
 28
 6
 14
 795
 Pendings
 19
 12
 3
 0
 1
 35
 Solds
 245
 190
 17
 4
 8
 464
 Sold Volume
 $37.35M
 $3.796M
 $1.44M
 $812,500
 $2.203M
 $45.6M
 Sold Median Price
 $143,900
 $12,700
 $85K
 $210K
 $167,500
 
 Avg. Days on Market (solds)
 230
 279
 246
 104
 288
 
 
 
 
2nd-Half 2017
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 223
 182
 28
 4
 5
 442
 Sold Volume
 $49.28M
 $4.63M
 $4M
 $1.16M
 $1.73M
 $60.8M
 Sold Median Price
 $203K
 $15K
 $137K
 $281,250
 $250K
 
 Avg. Days on Market (solds)
 108
 350
 154
 74
 151
 
 
VS.
 
2nd-Half 2016
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 172
 146
 23
 2
 4
 347
 Sold Volume
 $32.63M
 $3.47M
 $2.86M
 $448,600
 $631K
 $40.04M
 Sold Median Price
 $175K
 $14,250
 $122,950
 $224,300
 $96K
 
 Avg. Days on Market (solds)
 120
 409
 192
 37
 225
 
 
VS.
 
2nd-Half 2015
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 158
 125
 26
 1
 3
 313
 Sold Volume
 $28.64M
 $3.1M
 $3.65M
 $110K
 $902K
 $36.402M
 Sold Median Price
 $165,950
 $16,250
 $141,475
 $110K
 $185K
 
 Avg. Days on Market (solds)
 168
 367
 92
 98
 467
 
 
VS.
 
2nd-Half 2014
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 129
 112
 11
 4
 2
 258
 Sold Volume
 $20.03M
 $1.94M
 $978,400
 $812,500
 $1.278M
 $25.039M
 Sold Median Price
 $144K
 $12K
 $99K
 $210K
 $639K
 
 Avg. Days on Market (solds)
 200
 265
 293
 104
 388
 
 
 
 
4th-Quarter 2017
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 111
 69
 12
 4
 3
 199
 Sold Volume
 $24.8M
 $2.02M
 $1.82M
 $1.16M
 $1.1M
 $30.9M
 Sold Median Price
 $210K
 $17,500
 $167,500
 $281,250
 $185K
 
 Avg. Days on Market (solds)
 117
 354
 72
 74
 144
 
 
VS.
 
4th-Quarter 2016
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 74
 58
 8
 1
 3
 144
 Sold Volume
 $15.24M
 $1.16M
 $1.047M
 $325K
 $602K
 $18.374M
 Sold Median Price
 $192K
 $12,250
 $131K
 $325K
 $105K
 
 Avg. Days on Market (solds)
 141
 416
 133
 21
 293
 
 
VS.
 
4th-Quarter 2015
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 65
 50
 14
 1
 0
 130
 Sold Volume
 $13.24M
 $1.15M
 $1.97M
 $110K
 $0
 $16.47M
 Sold Median Price
 $182K
 $20K
 $141,475
 $110K
 N/A
 
 Avg. Days on Market (solds)
 180
 394
 105
 98
 N/A
 
 
VS.
 
4th-Quarter 2014
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 53
 43
 7
 1
 2
 106
 Sold Volume
 $9.19M
 $815,265
 $469,500
 $182,500
 $1.278M
 $11.935M
 Sold Median Price
 $159,900
 $12,500
 $47K
 $182,500
 $639K
 
 Avg. Days on Market (solds)
 197
 276
 259
 373
 388
 
 
 
NORTH BEACH (Ocean City to Moclips) MARKET:
 
Click on the following links to view the MLS flyers for sold properties (4th-Quarter of 2017):
 
2017 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings (as of 12/31/17)
 45
 82
 0
 1
 5
 133
 Pendings
 1
 5
 0
 0
 0
 6
 Solds
 68
 39
 2
 1
 1
 111
 Sold Volume
 $24.95M
 $4.31M
 $460K
 $325K
 $60K
 $30.1M
 Sold Median Price
 $281,600
 $40K
 $230K
 $325K
 $60K
 
 Avg. Days on Market (solds)
 220
 640
 8
 247
 170
 
 
VS.
 
2016 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings (as of 12/31/16)
 40
 99
 0
 2
 3
 144
 Pendings
 7
 0
 0
 0
 0
 7
 Solds
 59
 37
 0
 0
 0
 96
 Sold Volume
 $21.22M
 $2M
 $0
 $0
 $0
 $23.22M
 Sold Median Price
 $350K
 $36K
 N/A
 N/A
 N/A
 
 Avg. Days on Market (solds)
 237
 711
 N/A
 N/A
 N/A
 
 
VS.
 
2015 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings (as of 12/31/15)
 44
 115
 2
 2
 7
 170
 Pendings
 6
 7
 0
 0
 0
 13
 Solds
 42
 38
 0
 0
 1
 81
 Sold Volume
 $9.97M
 $2.4M
 $0
 $0
 $200K
 $12.57M
 Sold Median Price
 $155K
 $21,500
 N/A
 N/A
 $200K
 
 Avg. Days on Market (solds)
 302
 334
 N/A
 N/A
 63
 
 
VS.
 
2014 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings (as of 12/31/14)
 58
 160
 1
 0
 1
 220
 Pendings
 3
 4
 0
 0
 0
 7
 Solds
 33
 13
 0
 0
 0
 46
 Sold Volume
 $10.19M
 $337,400
 $0
 $0
 $0
 $10.527M
 Sold Median Price
 $304,500
 $19K
 N/A
 N/A
 N/A
 
 Avg. Days on Market (solds)
 241
 315
 N/A
 N/A
 N/A
 
 
 
 
2nd-Half 2017
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 43
 21
 2
 0
 0
 66
 Sold Volume
 $16.43M
 $1.19M
 $460K
 $0K
 $0
 $18.08M
 Sold Median Price
 $295K
 $40K
 $230K
 N/A
 N/A
 
 Avg. Days on Market (solds)
 194
 713
 8
 N/A
 N/A
 
 
VS. 
 
2nd-Half 2016
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 36
 26
 0
 0
 0
 62
 Sold Volume
 $13.54M
 $1.43M
 $0K
 $0K
 $0
 $14.97M
 Sold Median Price
 $354K
 $31,375
 N/A
 N/A
 N/A
 
 Avg. Days on Market (solds)
 203
 822
 N/A
 N/A
 N/A
 
 
VS. 
 
2nd-Half 2015
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 27
 18
 0
 0
 1
 46
 Sold Volume
 $6.608M
 $1.167M
 $0K
 $0K
 $200K
 $7.975M
 Sold Median Price
 $182K
 $17,450
 N/A
 N/A
 $200K
 
 Avg. Days on Market (solds)
 283
 387
 N/A
 N/A
 63
 
 
VS.
 
2nd-Half 2014
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 17
 9
 0
 0
 0
 26
 Sold Volume
 $5.263M
 $253,900
 $0K
 $0K
 $0K
 $5.517M
 Sold Median Price
 $290K
 $19K
 N/A
 N/A
 N/A
 
 Avg. Days on Market (solds)
 202
 361
 N/A
 N/A
 N/A
 
 
 
 
4th-Quarter 2017
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 15
 6
 2
 0
 0
 23
 Sold Volume
 $6.68M
 $316K
 $460K
 $0
 $0
 $7.456M
 Sold Median Price
 $375K
 $42K
 $230K
 N/A
 N/A
 
 Avg. Days on Market (solds)
 81
 296
 8
 N/A
 N/A
 
 
VS. 
 
4th-Quarter 2016
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 18
 12
 0
 0
 0
 30
 Sold Volume
 $7.54M
 $511,750
 $0
 $0
 $0
 $8.051M
 Sold Median Price
 $400K
 $32,375
 N/A
 N/A
 N/A
 
 Avg. Days on Market (solds)
 257
 1,115
 N/A
 N/A
 N/A
 
 
VS. 
 
4th-Quarter 2015
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 13
 11
 0
 0
 1
 25
 Sold Volume
 $3.722M
 $1.147M
 $0
 $0K
 $200K
 $5.069M
 Sold Median Price
 $185K
 $29K
 N/A
 N/A
 $200K
 
 Avg. Days on Market (solds)
 271
 408
 N/A
 N/A
 63
 
 
VS.
 
4th-Quarter 2014
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds
 11
 4
 0
 0
 0
 15
 Sold Volume
 $3.4M
 $175,900
 $0
 $0K
 $0K
 $3.576M
 Sold Median Price
 $290K
 $24K
 N/A
 N/A
 N/A
 
 Avg. Days on Market (solds)
 195
 306
 N/A
 N/A
 N/A
 
 
 
SOUTH BEACH (Westport/Grayland/Ocosta) MARKET: 
 
2017 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
 35
 48
 12
 2
 15
 112
 Pendings
 3
 0
 2
 0
 0
 5
 Solds
 101
 25
 17
 5
 6
 154
 Sold Volume
 $15.5M
 $1.43M
 $2.5M
 $1.2M
 $630K
 $21.26M
 Sold Median Price
 $125,699
 $35K
 $156,500
 $205K
 $72,500
 
 Avg. Days on Market (solds)
 117
 320
 114
 277
 336
 
 
VS. 
 
2016 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
 46
 66
 10
 6
 18
 146
 Pendings
 9
 4
 1
 1
 0
 15
 Solds
 88
 30
 11
 1
 3
 133
 Sold Volume
 $14.11M
 $1.38M
 $1.78M
 $207K
 $450K
 $17.927M
 Sold Median Price
 $140K
 $33,500
 $123K
 $207K
 $125K
 
 Avg. Days on Market (solds)
 178
 252
 320
 77
 261
 
 
VS. 
 
2015 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
 44
 50
 12
 3
 11
 120
 Pendings
 8
 2
 1
 0
 2
 13
 Solds
 71
 39
 16
 4
 6
 136
 Sold Volume
 $10.602M
 $4.929M
 $2.296M
 $523,400
 $2.206M
 $20.556M
 Sold Median Price
 $132K
 $44K
 $147,500
 $142,550
 $225K
 
 Avg. Days on Market (solds)
 212
 377
 199
 20
 210
 
 
VS. 
 
2014 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
 62
 74
 13
 2
 15
 166
 Pendings
 5
 2
 0
 1
 0
 8
 Solds
 70
 20
 19
 1
 1
 111
 Sold Volume
 $9.076M
 $826,300
 $2.486M
 $99K
 $5.955M
 $18.44M
 Sold Median Price
 $130K
 $25K
 $145K
 $99K
 $117,750
 
 Avg. Days on Market (solds)
 178
 276
 105
 25
 145
 
 
 
LONG BEACH PENINSULA (Ilwaco to Surfside Estates) MARKET:
 
2017 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
 117
 151
 12
 5
 23
 308
 Pendings
 27
 16
 5
 1
 1
 50
 Solds
 365
 162
 47
 4
 4
 582
 Sold Volume
 $74.4M
 $7.6M
 $6.82M
 $817K
 $1.54M
 $91.17M
 Sold Median Price
 $175K
 $37,125
 $134,900
 $162,500
 $298,750
 
 Avg. Days on Market (solds)
 130
 319
 185
 258
 436
 
 
VS.
 
2016 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
 123
 213
 14
 8
 24
 382
 Pendings
 44
 22
 3
 1
 0
 70
 Solds
 365
 120
 30
 0
 7
 522
 Sold Volume
 $62.77M
 $5.1M
 $5.09M
 $0
 $1.49M
 $74.45M
 Sold Median Price
 $148K
 $32K
 $189K
 N/A
 $190K
 
 Avg. Days on Market (solds)
 155
 350
 113
 N/A
 388
 
 
VS.
 
2015 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
 141
 179
 15
 0
 20
 355
 Pendings
 40
 12
 1
 0
 0
 53
 Solds
 346
 122
 36
 2
 3
 509
 Sold Volume
 $58.26M
 $6.61M
 $4.44M
 $403K
 $640K
 $70.353M
 Sold Median Price
 $149,900
 $32K
 $103,250
 $201,500
 $245K
 
 Avg. Days on Market (solds)
 194
 307
 238
 47
 446
 
 
VS.
 
2014 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
 218
 251
 31
 4
 25
 529
 Pendings
 21
 5
 2
 0
 0
 28
 Solds
 261
 111
 27
 1
 5
 405
 Sold Volume
 $41.77M
 $3.947M
 $2.16M
 $89,950
 $557K
 $48.524M
 Sold Median Price
 $140K
 $26K
 $80K
 $89,950
 $150K
 
 Avg. Days on Market (solds)
 203
 287
 672
 308
 308
 
  
NOTE: All of the above data was pulled from the NWMLS and is not guaranteed.
 


MORTGAGE NEWS
 
The following are some of the Federal loan changes that have already gone into effect:
  • FHA Loan Limit for Grays Harbor County was increased in 2018 to $294,515.
The items above were obtained from different online news sources.
 
Interest rates are still very low at around 4.125%-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.  There are investment and construction loans available as well.

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.  Or, contact Steph Thomasson at Academy Mortgage Corp. in Tumwater at 206-799-4129 or e-mail her at steph.thomasson@academymortgage.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
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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