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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


2020 Year-End Review
Ocean Shores/North Beach
Real Estate 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
 
CORONAVIRUS

Please SUPPORT our local businesses....they need your support!  Most restaurants are open for take-out, and a few have outdoor dining.

OTHER NOTABLE LOCAL NEWS
  • The City of Ocean Shores issued an incredible 197 single-family new home permits for 2020, which is up from 174 in 2019 and 151 in 2018 and 105 in 2017.  You can see the entire 2020 report from the Permit Office at http://oceanshoresinfo.com/cityinfo/2020permits.pdf.
  • Ranking Reports:   I was #7 among all Grays Harbor County brokers for the Number (#) of Transactions Closed for 2020; and, #6 among all Ocean Shores brokers for the Number (#) of Transactions Closed for 2020.  I was #17 among all Grays Harbor County brokers for Volume ($) Closed for 2020; and, #8 among all Ocean Shores brokers for Volume ($) Closed for 2020.
 
UPCOMING EVENTS 
  • There is nothing planned at this time.

BUYS IN OCEAN SHORES
 
Since there are so few listings, many categories in the previous years' e-mails have been condensed.  Click on the following links to view the MLS flyers for some good deals on properties in Ocean Shores:
 
 
 
 
 

2020 MARKET ACTIVITY/UPDATE
(January 1st-December 31st)
  •  The # of Total Listings is dramatically down!  I have never seen it this low.  Ocean Shores currently, as of this day, has only 14 Homes, 59 Lots, 8 Condos on the market
    (a total of 146 properties are currently pending in Ocean Shores as of today).
  • Median Sale Prices have greatly increased over the past year: $260K compared to $235K in 2019 for Homes; $33K compared to $20,250 in 2019 for Lots.
 
OCEAN SHORES MARKET:
Click on the following links to view the MLS flyers for sold properties (4th-Quarter of 2020):
2020 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
(as of 12/31/20)
 32  52  13  1  4  102
 Pendings  97  39  5  3  1  145
 Solds  454  450  39  6  8  957
 Sold Volume  $125.6M  $20.57M  $6.47M  $2.11M  $2.31M  $157M
 Sold Median Price  $260K  $33K  $159,950  $297K  $177,500  
 Avg. Days on Market (solds)  73  195  120  37  97  
 
VS.
 
2019 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
(as of 12/31/19)
 100  148  16  1  5  270
 Pendings  34  20  0  0  1  55
 Solds  382  402  46  1  5  836
 Sold Volume  $92.89M  $12.16M  $5.12M  $295K  $2.915M  $113.3M
 Sold Median Price  $235K  $20,250  $80,500  $295K  $370K  
 Avg. Days on Market (solds)  74  365  85  12  133  
 
VS.
 
2018 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
(as of 12/31/18)
 90  259  28  2  8  387
 Pendings  34  9  1  0  1  45
 Solds  432  457  48  5  12  954
 Sold Volume  $95.23M  $12.36M  $5.67M  $1.247M  $5.856M  $120.4M
 Sold Median Price  $212,950  $16K  $89,450  $225K  $228,500  
 Avg. Days on Market (solds)  89  388  143  68  243  
 
VS.
 
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  $73.16M
 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 2020
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds  301  281  28  4  6  620
 Sold Volume  $87.1M  $14.2M  $4.85M  $1.74M  $2.05M  $109.9M
 Sold Median Price  $275K  $35K  $163,975  $364,500  $263,250
 
 Avg. Days on Market (solds)  65  123  101  44  126  
 
VS.
 
2nd-Half 2019
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds  213  215  24  1  2  455
 Sold Volume  $54.11M  $6.65M  $2.29M  $295K  $2.075M  $65.42M
 Sold Median Price  $240K  $20K  $71,750  $295K  $1.037M
 
 Avg. Days on Market (solds)  68  353  81  12  75  
 
VS.
 
2nd-Half 2018
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds  222  216  22  2  5  467
 Sold Volume  $49.54M  $6.57M  $2.26M  $418K  $1.272M  $60.06M
 Sold Median Price  $214,900  $18K  $66K  $209K  $218K
 
 Avg. Days on Market (solds)  65  298  153  41  75  
 
VS.
 
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  $36.4M
 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  $25.04M
 Sold Median Price  $144K  $12K  $99K  $210K  $639K
 
 Avg. Days on Market (solds)  200  265  293  104  388  
 
 
 
4th-Quarter 2020
 Homes
Land 
Condos 
Multi-
Family
 
Commercial 
Total 
 Solds  130  113  8  2  1  254
 Sold Volume  $38.4M  $6.95M  $1.63M  $1.14M  $200K  $48.32M
 Sold Median Price  $283,750  $38K  $208,325  $572,500  $200K  
 Avg. Days on Market (solds)  56  63  35  57  1  
 
VS.
 
4th-Quarter 2019
 Homes
Land 
Condos 
Multi-
Family
 
Commercial 
Total 
 Solds  98  89  10  0  1  198
 Sold Volume  $24.44M  $3.035M  $1M  $0  $450K  $28.92M
 Sold Median Price  $239,900  $23,035  $80,500  N/A  $450K  
 Avg. Days on Market (solds)  87  350  49  N/A  91  
 
VS.
 
4th-Quarter 2018
 Homes
Land 
Condos 
Multi-
Family
 
Commercial 
Total 
 Solds  91  85  7  1  3  187
 Sold Volume  $19.28M  $2.4M  $547K  $193K  $892K  $23.3M
 Sold Median Price  $209,900  $18K  $65K  $193K  $218K  
 Avg. Days on Market (solds)  67  292  77  58  95  
 
VS.
 
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  $18.37M
 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  $11.93M
 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 2020):
 
2020 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
(as of 12/31/20)
 16
 63  6  0  6  91
 Pendings  12  11  0  1  0  24
 Solds  110
 78
 2  2  1  193
 Sold Volume  $53.3M  $12.8M  $250K  $575K  $384K  $67.3M
 Sold Median Price  $422,250  $55K  $125K
 $287,500
 $384K  
 Avg. Days on Market (solds)  86  382  149  313  1,468  
 
VS.
 
2019 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
(as of 12/31/19)
 34
 86  1  3  5  129
 Pendings  10  5  0  0  0  15
 Solds  71
 49
 3  1  3  127
 Sold Volume  $32.3M  $4.09M  $425K  $275K  $820K  $37.9M
 Sold Median Price  $360K  $40K  $125K
 $275K
 $185K  
 Avg. Days on Market (solds)  149  756  16  24  355  
 
VS.
 
2018 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings
(as of 12/31/18)
 31  85  0  1  8  125
 Pendings  8  2  0  0  0  10
 Solds  61  55  0  0  1  117
 Sold Volume  $21.6M  $3.65M  $0  $0  $310K  $25.56M
 Sold Median Price  $292K  $19,500  N/A  N/A  $310K  
 Avg. Days on Market (solds)  126  917  N/A  N/A  104  
 
VS.
 
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  $10.52M
 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 2020
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds  78  54  2  2  1  137
 Sold Volume  $41M  $10.3M  $250K  $575K  $384K  $52.51M
 Sold Median Price  $491,250  $68K  $125K  $287,500  $384K  
 Avg. Days on Market (solds)  82  340  149  313  1,468  
 
VS.
 
2nd-Half 2019
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds  37  30  3  1  2  73
 Sold Volume  $17.54M  $2.13M  $425K  $275K  $695K  $21.06M
 Sold Median Price  $405K  $37K  $125K  $275K  $347,500  
 Avg. Days on Market (solds)  175  964  16  24  499  
 
VS. 
 
2nd-Half 2018
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds  45  34  0  0  1  80
 Sold Volume  $14.9M  $2M  $0  $0K  $310K  $17.2M
 Sold Median Price  $284K  $22K  N/A  N/A  $310K  
 Avg. Days on Market (solds)  158  641  N/A  N/A  104  
 
VS. 
 
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  $7.97M
 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  $5.51M
 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 2020
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds  36  28  0  2  0  66
 Sold Volume  $19.3M  $7.6M  $0  $575K  $0  $27.4M
 Sold Median Price  $495,750  $65K  N/A  $287,500  N/A  
 Avg. Days on Market (solds)  85  373  N/A  313  N/A  
 
VS. 
 
4th-Quarter 2019
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds  16  15  2  0  2  35
 Sold Volume  $6.97M  $1.03M  $300K  $0  $695K  $8.99M
 Sold Median Price  $410K  $45K  $150K  N/A  $347,500  
 Avg. Days on Market (solds)  71  649  1  N/A  499  
 
VS. 
 
4th-Quarter 2018
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Solds  20  15  0  0  0  35
 Sold Volume  $8M  $1.26M  $0  $0  $0  $9.26M
 Sold Median Price  $320,250  $25K  N/A  N/A  N/A  
 Avg. Days on Market (solds)  166  379  N/A  N/A  N/A  
 
VS. 
 
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  $7.45M
 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  $8.05M
 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  $5.07M
 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  $3.57M
 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: 
 
2020 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings  6  23  4  0  3  36
 Pendings  6  14  6  0  0  26
 Solds  90
 86
 39  3  8  226
 Sold Volume  $21.2M  $8.48M  $7.47M  $632,500  $3.45M  $41.2M
 Sold Median Price  $219K  $61,250  $195K
 $236K
 $337,500  
 Avg. Days on Market (solds)  84  207  90  116  321  
 
VS.
 
2019 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings  28  45  8  1  9  91
 Pendings  13  7  2  0  6  28
 Solds  98
 43
 24  2  7  174
 Sold Volume  $21.37M  $3.05M  $4.84M  $671,500  $1.44M  $31.37M
 Sold Median Price  $189,500  $44,900  $191K
 $335,750
 $165K  
 Avg. Days on Market (solds)  105  312  116  49  226  
 
VS. 
 
2018 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings  24  48  8  3  12  95
 Pendings  7  5  1  1  0  14
 Solds  108  28  27  2  9  174
 Sold Volume  $20.39M  $1.51M  $4.93M  $268K  $3.86M  $30.95M
 Sold Median Price  $171K  $38,750  $175K
 $134K
 $353K  
 Avg. Days on Market (solds)  112  362  175  151  211  
 
VS. 
 
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:
 
2020 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings  39  54  5  1  11  110
 Pendings  45  16  8  1  3  73
 Solds  392  224  70  2  9  697
 Sold Volume  $108.1M  $14.7M  $11.9M  $1.04M  $3.85M  $139.6M
 Sold Median Price  $244,450  $49,700  $152K  $520K  $385K  
 Avg. Days on Market (solds)  70  265  115  42  312
 
 
VS.
 
2019 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings  93  145  21  4  10  273
 Pendings  29  4  2  1  3  39
 Solds  356  163  48  6  5  578
 Sold Volume  $85.46M  $8.45M  $8.41M  $2.42M  $1.11M  $105.85M
 Sold Median Price  $219K  $40K  $179K  $380K  $170K  
 Avg. Days on Market (solds)  101  233  95  197  144
 
 
VS.
 
2018 Year-End
 Homes
Land 
Condos 
Multi-
Family 
Commercial 
Total 
 Current Listings  124  151  17  3  15  310
 Pendings  22  7  2  0  2  33
 Solds  377  149  37  3  17  583
 Sold Volume  $80.79M  $8.06M  $6.75M  $1.16M  $3.2M  $99.96M
 Sold Median Price  $199K  $43K  $176,800  $375K  $160K  
 Avg. Days on Market (solds)  104  287  109  60  294
 
 
VS.
 
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  $70.35M
 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  $48.52M
 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:
  • 2021 FHA Loan Limit for Grays Harbor County has increased to $356K, $456K, $551K, $685K (single-family residential, duplex, tri-plex, 4-plex, respectively).
  • Fannie Mae has increased the amount they will lend from $510,400 up to $548,250 for single-family residential.
  • Fannie Mae has also increased Multi-family loan limits:
    Duplex = $702,000; Tri-plex = $848,500; 4-plex = $1,054,500
The items above were obtained from different online news sources.
 
Interest rates have decreased dramatically to around 2.5-2.875% 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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