Ocean Shores, Washington Short-Term Rental Market Overview
Visitor Profile
Ocean Shores, Washington, attracts approximately 1.5 million visitors annually, making it a vibrant hub for tourism on the Washington coast. The primary demographic of visitors includes families and couples, with a significant proportion aged between 30 and 60 years. Many visitors come for recreational activities such as beach outings, wildlife observation, and participating in local festivals, including the Sand & Sawdust Festival (https://tourismoceanshores.com/). The economic impact of tourism in Ocean Shores is substantial, contributing millions to the local economy and supporting various businesses, from hotels to restaurants.
In-depth analysis reveals that the average length of stay for visitors is around three nights, with peak seasons occurring during the summer months of June through August. During this time, occupancy rates for short-term rentals (STRs) can soar to over 85%, highlighting the demand for accommodations. The primary reasons for visiting Ocean Shores include its scenic beaches, outdoor recreational opportunities, and family-friendly attractions, such as the Ocean Shores Convention Center and various parks. According to the tourism bureau (https://www.visitoceanshores.com/), visitors are increasingly drawn to eco-tourism and nature-based activities, which are becoming key components of the area’s appeal. Additionally, the visitor demographics indicate a growing interest in wellness retreats and pet-friendly accommodations, reflecting broader travel trends. As the tourism market continues to evolve, understanding these visitor behaviors and preferences will be crucial for STR operators looking to optimize their offerings and enhance guest experiences. For more insights on activities and attractions, visit Travel Ocean Shores (https://traveloceanshores.com/things-to-do/).
Top Attractions
Ocean Shores, Washington, is a captivating coastal destination that offers a delightful blend of natural beauty, outdoor adventures, and family-friendly attractions. Known for its stunning beaches and lush landscapes, Ocean Shores is perfect for those seeking relaxation or a bit of excitement. Visitors can explore the expansive sandy shores, enjoy birdwatching in the nearby wetlands, or indulge in various recreational activities. Signature attractions such as the Ocean Shores Beach, the Ocean Shores Convention Center, and the nearby Damon Point provide a diverse range of experiences that cater to all interests. Whether you’re looking to unwind by the ocean or engage in fun-filled activities, Ocean Shores has something for everyone.
One of the top attractions in Ocean Shores is the Ocean Shores Beach, a pristine stretch of coastline ideal for sunbathing, beachcombing, and water sports. This beach is perfect for families and offers ample space for picnics and beach games. For those interested in wildlife, the nearby Damon Point is a must-visit. This natural area features stunning views and is a popular spot for birdwatching and exploring tidal pools. The Ocean Shores Convention Center serves as a hub for various activities and gatherings, providing a venue for community events and exhibitions throughout the year. For more information on attractions and activities, visit the official tourism site at https://traveloceanshores.com/things-to-do/. Additionally, the Ocean Shores visitor center at https://www.visitoceanshores.com/ offers helpful resources for planning your trip. With its diverse attractions, Ocean Shores is a fantastic destination for anyone looking to explore the beauty of Washington’s coast.
Regulations
Ocean Shores short-term rental regulations are essential for property owners looking to capitalize on the booming vacation rental market. In Ocean Shores, Washington, all short-term rental operators must obtain a business license and a short-term rental permit. This process ensures compliance with local zoning laws and safety standards. Property owners are also required to collect and remit lodging taxes, which are currently set at 8.4%. Understanding these regulations is crucial for avoiding penalties, which can include fines or revocation of rental permits. For those interested in short-term rentals in this scenic coastal town, adhering to these guidelines is key to a successful venture.
To operate a short-term rental in Ocean Shores, property owners must first secure a business license through the City of Ocean Shores. This includes obtaining a short-term rental permit, which is subject to zoning restrictions that dictate where rentals can be located. Safety requirements, such as smoke detectors and fire extinguishers, must also be met to ensure guest safety. Additionally, property owners must comply with the lodging tax obligations, which require timely remittance to the Washington Department of Revenue. Failure to adhere to these regulations can result in substantial penalties, including fines or the loss of the rental permit. For more information on licensing and tax obligations, visit the Ocean Shores section on the Washington Department of Revenue website (https://dor.wa.gov/manage-business/city-endorsements/ocean-shores). For outdoor enthusiasts, nearby attractions like Ocean City State Park (https://parks.wa.gov/find-parks/state-parks/ocean-city-state-park) and the Seashore Conservation Area (https://parks.wa.gov/find-parks/state-parks/seashore-conservation-area) offer additional appeal for potential renters.
Vacation Rental Market Overview for Ocean Shores
Ocean Shores attracts visitors with its beaches and waterfront activities and adventure sports and activities. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.
This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.
Ocean Shores, Washington Market Performance Trends
Short-Term Rental Market Performance Analysis for Ocean Shores
The short-term rental market in Ocean Shores demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.
Market Trend Summary
Current market indicators show: emerging growth market with increasing demand
Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.
Ocean Shores, Washington Housing Market Data
Home Value Trends
Market Overview
- Typical Home Value:$354,752
- Median Sale Price:$392,333
- Median List Price:$411,591
Current Inventory
- Homes For Sale:280
- New Listings:60
Detailed Market Analysis
Real Estate Market Analysis for Ocean Shores, Washington
The residential real estate market in Ocean Shores, Washington presents unique opportunities for investors and homebuyers alike. Current market dynamics show balanced market conditions with accessible entry points with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.
Key Market Factors
Important considerations for this market include: growing population trends, economic development, and lifestyle amenities These factors contribute to the overall market performance and future growth potential.
Real estate investments in Ocean Shores, Washington benefit from balanced supply-demand dynamics and reasonable price points. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.
Ocean Shores, Washington Rental Market Insights
10-Year Market Growth
Booking Activity
- 1-3 Months:66.5% Booked
- 4-6 Months:77% Booked
- 7-9 Months:72.4% Booked
- 10-12 Months:2.9% Booked
Cancellation Policies
- Flexible:0%
- Moderate:0%
- Strict:0%
- Super Strict:0%
Minimum Stay
- 1 Day:0
- 2 Days:0
- 3 Days:0
- 4-6 Days:0
- 7-29 Days:0
- 30+ Days:0
Short-Term Rental Regulations and Booking Patterns in Ocean Shores
Ocean Shores vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.
Market analysis reveals seasonal policy variations maximizing revenue. These insights help property managers optimize their listing strategies and maximize occupancy.
Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.
Ocean Shores, Washington Rental Market Composition
Entire Place by Beds
Common Rental Amenities
Amenity data is not available for this location.
Vacation Rental Property Types in Ocean Shores
The vacation rental market in Ocean Shores features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.
Market characteristics include diverse property sizes from studios to large homes. This distribution reflects local demand patterns and traveler preferences.
Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.
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