Coast river business journal. (Astoria, OR) 2006-current, November 11, 2020, Page 11, Image 11

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    Coast River Business Journal
BUSINESS NEWS
Oregon and Washington commercial
Dungeness crab fishermen cap strong season
November 2020 • 11
Clatsop home prices up 23%
Market summary: Single-family residential October 2020
F/V Cutting Edge crew member Christopher Hinojosa offloads crab at Ilwaco Landing in
February. Oregon and Washington commercial Dungeness fishermen delivered approximately
35 million pounds combined during the 2019-2020 season.
Story & photo by Luke Whittaker
Coast River Business Journal
lwhittaker@crbizjournal.com
PACIFIC NORTHWEST — Commercial
Dungeness crab fishermen in the Pacific
Northwest had a relatively strong 2019-20 season,
catching a combined 35 million pounds in Oregon
and Washington, approximately 15% more than
2018-19.
Oregon
Oregon commercial Dungeness crab fishermen
caught 19,980,932 pounds during the 2019-2020
season with an ex-vessel value of $72.7 million.
The 2019-2020 catch was approximately 1.3
million pounds more than 2018-2019, according
to the Oregon Department of Fish and Wildlife
(ODFW).
The season average price was $3.64, the highest
since 2014 ($4.12), according to ODFW.
Strong early season
January had the heaviest landings, accounting
for 12,970,306, or 64% of the season total. The
January haul of 12.9 million pounds was the
second-highest single month since February 2017-
2018, when 13.8 million pounds were brought in.
Astoria and Seaside had their highest landings
in January, when 2.8 million pounds were caught,
accounting for approximately 21% of the catch
statewide. Newport, Waldport and Depoe Bay had
the highest January landings among all Oregon
ports with a combined total of 6.1 million pounds,
nearly 50% of landings for the heaviest month that
tallied 12.9 million pounds across Oregon docks.
Washington
Washington commercial Dungeness crab
fishermen caught approximately 15.7 million
pounds during the 2019-2020 season, the best
season total since 2016-2017 (16.4 million)
and exceeding seven out of the past eight years,
according to figures from Pacific Fisheries
Information Network (PACFIN).
In 2019-2020 commercial crabbers delivered
nearly six million more pounds of crab in
Washington — a roughly 25% increase —
compared to 2018-2019.
The majority was delivered to Washington
Coastal Ports (CWA), nearly 8 million pounds,
approximately 50% of the overall catch. North
Puget Sound Ports (NPS) accounted for 3.8
million, with a $4.78 average price, approximately
24% of overall catch. Washington Columbia
River Ports (CLW) had 2.4 million pounds with
an average price of $3.51, accounting for 15% of
the overall catch. Other or unknown Washington
Ports (WA5) had 710,000 pounds, about 4% of the
overall catch, with a $4.69 average.
COMMERCIAL
ADJUSTMENT
C O M PA N Y
“When Time is Money...and you have
collection problems, we can help!”
Kurt Birdeno
Collection Specialist
20+ Years experience
ASTORIA — The seller’s market for Clatsop County houses continued without a pause in October,
with average prices climbing 23% from a year earlier and the supply tightening.
There were only 101 active residential listings countywide in October, down 63.5% from the 277 on
the market in October 2019, according to data from the Clatsop Association of Realtors.
The average selling price was $520,729 this October, nearly $100,000 more than it was a year earlier.
The median selling price — the point at which half sold for more and half for less — reached $420,500,
up 12% from October 2019’s median of $375,000. The median is sometimes considered a more accurate
market snapshot, since it compensates for the way a few high-price houses can skew the average.
Clatsop houses are selling more quickly, spending a median of 63 days from list to close, more than a
month faster than the year before.
Looking at results for the entire first 10 months of 2020, the median sales price is up about $40,000 or
11.5% to $389,950.
Eighty-eight home sales were completed in October, up from 70. However, for the year to date sales are
roughly the same as in the first 10 months of 2019 — 689 this year compared to 692 last year.
The business
business Pros
Pros to
to Know!
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VP Sr Business
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Credit Lines
Construction
Treasury
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Medical • Commercial • NSF
Checks • Wholesale • Retail
Outstanding rental obligations
Recovering large or small assets
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Email: kurt@commercialadjustment.com
Ph: 503-325-0511 • Fax: 503-325-9501
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