Many agree that buying a beach home in Oxnard, CA is a top destination for real estate investors as it offers exceptional homes in a beautiful coastal setting not far from Los Angeles. At the same time, Oxnard real estate is more competitively priced than similar properties in central Los Angeles.
If you are looking to buy real estate in Southern California, there are countless reasons to invest in Oxnard beachfront homes. In this article, we've listed the most important ones. Read on to find out why Oxnard Beach real estate is a good investment right now:
Reasons to Invest in Oxnard Beach Real Estate
Highlights of the Oxnard Beach Real Estate Market
Situated between Los Angeles and Santa Barbara (just 60 miles Northwest of Los Angeles), Oxnard Beach offers the perfect balance between city and nature. With an unrivaled location on the picturesque Southern California coastline, 7 miles of pristine beaches, and a year-round moderate climate make beachfront homes in Oxnard an attractive investment.
The most popular home communities in Oxnard include Oxnard Shores, Harbour Island, Westport, Mandalay Bay, Seabridge, and Hollywood Beach, with apartments, townhouses, single-family homes, and luxury estates giving investors a range of choices.
The market is characterized by strong buyer demand and a limited supply of houses available. This has resulted in a steady price appreciation over the past decade. Nevertheless, you don't need to worry about a potential bubble; the market still has room to grow, so investing now is definitely the right time.
Why Invest in Oxnard Beach Real Estate Right Now
Oxnard Beach presents an exciting opportunity for real estate investors today. Oxnard has a population of 207,945, which indicates a 7% growth since 2020. The growing population is expected to further drive demand for housing in the near future.
Oxnard also has a stable economy with a job growth rate of 1% over the last year, creating additional demand for housing. With the rental market being competitive, with rental prices averaging $2,794 (for 3 bedrooms, depending on the location), offering investors a great return on their investment.
We can anticipate steady growth in demand for Oxnard beachfront homes with the increasing population and job opportunities in the area; therefore, if you invest now, you will see good returns in the coming years.
Oxnard Shores Real Estate Market Trends
The Oxnard Shores real estate market is competitive, characterized by a strong demand to buy and a limited number of Oxnard Shores homes for sale. As a result, price appreciation in Oxnard is up 17.7% over the last 12 months. In 2022, the median price for a home in Oxnard is $717,500, while the median price for a home in Oxnard Shores is $1,038,750.
The average home in Oxnard Shores tends to sell for the list price and goes pending in around 28 days, while hot homes can sell for about 2% above the list price and go pending in about 16 days. Together, these make for an attractive investment environment right now. So if you're considering luxury real estate, Oxnard Beach homes may be just what you're looking for.
Also Read: Oxnard Shores Real Estate Market Forecast, Housing, and Trends 2022-2023
Reasons to Move to Oxnard, CA
There are countless reasons to move to Oxnard, CA, such as the year-round pleasant weather, stunning ocean views, and pristine beaches (such as Anacapa Island, Bass Rock Beach, Deer Creek Beach, and more) offering plenty of relaxation and outdoor activities. Other highlights include the Channel Islands Harbor, the Maritime Museum, Oxnard Beach Park, and an abundance of restaurants, bars, shopping, and cultural events.
And if all that doesn't satisfy your needs, don't forget: Los Angeles is just an hour's drive away.
Why Oxnard Beach Homes is Great for Families
If you're looking to buy a property to raise a family, Oxnard Beachfront homes may be the perfect place for you because:
- It is located in a picturesque setting, with a comfortable climate, spared from extreme weather conditions.
- It offers outstanding educational opportunities for children, including preschools, primary and secondary education, as well as colleges and universities.
- You can find a wide range of family-friendly activities, including the Kiddie Beach Park, museums, theaters, and more.
- The cost of living is lower than the California average; therefore, families can live comfortably here.
Also Read: Oxnard Beachfront Home Maintenance 101
The Bottom Line
When choosing Oxnard beach homes, you'll live in a beautiful home in a beautiful environment. According to the current market trends, the demand for housing and the economy is steadily growing, making Oxnard beach homes a good investment right now. So whether you're in the market for luxury beach homes for yourself, to raise a family, or make a smart investment in Southern California, an Oxnard beach home might be what you've been looking for.
However, investing in luxury homes is not an overnight decision; that's why you should get in touch with an Oxnard Real Estate Experts who knows the ins and outs of the Oxnard Shores real estate market and can find an attractive option for your needs.
Arlene and Keith Beckwith specialize in Oxnard Beach real estate. Thanks to their decades of experience, they know all about the Oxnard Shores real estate market. Their expertise allows them to find the most attractive Oxnard Beach homes for sale, so you can trust them with your search for your dream home.
Ready to invest in Oxnard Beach property? Get in touch with Arlene and Keith Beckwith, Oxnard real estate experts at 805-338-4466 or fill out the online form and let them assist with your next real estate investment in Oxnard.