Channel Islands Housing Market Trends and Forecast for 2021 to 2023

April 30,2021 | Posted By Arlene Beckwith in Real Estate
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Updated on: January 29, 2021.

The Channel Islands is a great market for homebuyers who can afford a home in the median price range of $975. Situated on the coast of Oxnard, Channel Islands comprise upscale neighborhoods, luxury houses, and condominiums on the water with private dock spaces.

With more than 1500 waterfront homes and condos, living in the Channel Islands is a memorable experience. That’s one reason why the Channel Islands holds great potential in terms of real estate. The million-dollar homes offer a luxurious living experience, and the typical home costs nearly $956,866. That said, the value is adjusted throughout the year and includes the middle price tier of properties. Over the past year, the value of homes in the Channel Islands increased by 0.1%. The values are likely to increase by 6.8% in 2021.

The Channel Islands is a suburb of Oxnard and has a population of 2,864. The thriving economy guarantees excellent employment opportunities for residents, making it an attractive place for young professionals and entrepreneurs to relocate to this beautiful place.

If you are planning to buy a new property or home next year, we predict that the Channel Islands Harbor housing market offers plenty of options. The Channel Islands Harbor is a perfect getaway from L.A. to avoid the traffic and enjoy serene marina living.

Also Read: Navigating The Channel Islands Harbor

The average age of people living in the Channel Islands is 48 years, with 50% of individuals having a college degree and 97% with a high school diploma. The most thriving industries include construction, services, and public administration.

The Channel Islands comprise 22 cities. If you are looking to buy a home in a more affordable city, Bartolo Square South has a median listing price of $330K.

Properties in the Channel Islands typically sit for 70 days on the market. As of November 2020, the supply and demand for homes are nearly the same.

By November 2020, the median list price of homes in the Channel Islands averaged $975K. The median listing price/sq ft is $450, and the median sale price is $929K.

You not only get access to a luxurious lifestyle but get an opportunity to explore beautiful beaches. Living in the Channel Islands Harbor gives you access to stunning surrounding areas, including:

 

Buy the Best House in the Channel Islands

If you want to make a profitable real estate investment, the Channel Islands presents lucrative investment opportunities. When you require professional real estate agents to buy a property in the Channel Islands, get in touch with Arlene and Keith Beckwith. The seasoned real estate agents have a combined experience of 50+ years.

The dynamic duo can help you close profitable buying and selling deals in the Channel Islands. We exclusively specialize in dealing with beachside properties and can help you buy the Channel Islands' best property. Are you looking to sell or invest in Channel Islands real estate in the Oxnard area? The experts and professionals at Arlene & Keith Beckwith Real Estate have included key statistics and predictions to inform your real estate journey. Contact Arlene and Keith Beckwith directly at (805) 338-3363!

 

Channel Islands, Oxnard CA Real Estate Overview

Nestled on the coast of Oxnard, the Channel Islands Harbor is home to upscale neighborhoods with luxury condos and houses right on the water--complete with private dock spaces. Together, Arlene and Keith Beckwith have 50+ years of combined experience in sales, customer relationships, and upper management, making them the most dynamic duo in the area for buying and selling homes. As residents and boat owners in Channel Islands’ Mandalay Bay, the Beckwith real estate team are experts when it comes to the local market and marina living.

 

Channel Islands Harbor Real Estate Market Trends till 2020

Channel Islands is a popular neighborhood for homebuyers who can afford to buy a home in the median price range of $889K. For newcomers just beginning their search for a dream waterside property, here is a quick snapshot for 2019 real estate in Channel Islands Harbor and Oxnard Shores.

Fast Facts:

  • » Uncompetitive market
  • » Multiple offers are rare
  • » Typically, homes sell 4% below the sale price
  • » Houses go pending in 153 days on average
  • » Hot properties sell 1% lower than the sale price and go pending in 50 days
  • » Price range: $445,000 - $3.2 million
  • » Rental rates: $2,900 - $6,000
  • » 61+ Available Homes

Fall 2019 Statistics

Looking to buy or sell this upcoming winter or spring? Here are some of the most recent metrics for Channel Islands Harbor real estate from this last seasonal quarter:

Nearby Housing Markets

There’s no places like Channel Islands Harbor! A getaway from L.A. traffic and smog, marina living gives you access to beautiful beaches and the luxury lifestyle. When you move to Channel Islands Harbor, you also gain access to wonderfully picturesque surrounding areas, including:

  • » Silver Strand
  • » Oxnard Shores
  • » Hollywood Beach
  • » Port Hueneme
  • » Ventura
  • » Santa Paula
  • » Somis
  • » Moorpark
  • » Malibu
  • » Ojai
  • » Lake Sherwood
  • » Camarillo
  • » Thousand Oaks

Channel Islands Home Prices and Real Estate Appreciation

Currently, Channel Islands is a neighborhood in Oxnard. There are 70 homes for sale, ranging from $380K to $3.2M. Get started by exploring all property types in the Channel Islands.

Demographics

57.92 %
Home Owners
2,954
Total Population
41
Median Age
9.9%
Unemployment Rate
$45,038
Median Household Income

Transportation in Channel Islands

42/100
Car-Dependent
Walk Score®
52/100
Somewhat Bikeable
Bike Score®
25/100
Minimal Transit
Transit Score®

Job Market Growth In Channel Islands

The Channel Islands Beach, CA employment information can be the year 2020 key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income.

According to the reports, the income per capita in Channel Islands Beach is $46,941, which is 49% higher than the California average and 57% higher than than the national average. The median household income is $101,007, which is 58% higher than the California average and 83% higher than than the national average. The unemployment rate in Channel Islands Harbor is 10%, which is 113% higher than than the national average. The poverty rate in Channel Islands Beach is 3% which is 83% lower than than the national average.

Living In Channel Islands Harbor

Before leaping into your marina and beachfront property, you might be wondering what it’s like to live in the Channel Islands Harbor. Here are some useful statistics that report what current residents have to say about this upscale Oxnard neighborhood!

Channel Islands Housing Market Statistics 2019-2020

Are you thinking about getting serious about buying a new house or property next year? Based on current market trends, the Channel Islands Harbor housing market is slowing down--making it the perfect time to buy. Check out the following key statistics to help inform your real estate purchasing decision(s) for 2020 and beyond!

Channel Islands Rental Market Analysis

For residential property investors, here are a few key metrics that will provide a quick snapshot of the local rental market in Channel Islands Harbor:

Average Home Prices Near Channel Islands for Real Estate Investment

Why Arlene & Keith Beckwith Real Estate Experts?

For residential property investors, here are a few key metrics that will provide a quick snapshot of the local rental market in Channel Islands Harbor:

  • » #1 sales team for dock homes, condos and beachside properties in the Channel Islands Harbor
  • » #1 website for Mandalay Bay, Seabridge, and Westport communities in Channel Islands Harbor at 10,000+ hits per month
  • » 35+ media outlets for advertising your property (including print + web)
  • » Five-star rating for premiere agents on Zillow and Pro Agent via Trulia
  • » Residents and active members of the harbor community
  • » Exclusively specialized in buying/selling harbor and beachside properties
  • » Organized database for buyers and customer relations
  • » Great relationship with all realtors in the area
  • » Keith Beckwith serves as a Board Member for the Mandalay Bay community (744 Homes)
  • » HOA and General Contractor experience
  • » Access to a full-time transaction coordinator and real estate assistants
  • » Professional photos and handouts for marketing your property
  • » Listing can be cancelled at any time unless in escrow
  • » #1 Agents in the Channel Islands Harbor for the past 6+ years
  • » We’re growing!
    • 2016 Sales = $28 Million
    • 2017 Sales = $36 Million
    • 2018 Sales = $43 Million

Would you like more information about current and future housing market trends in the Channel Islands Harbor and Oxnard Shores area? Don’t hesitate to contact Arlene & Keith Beckwith Real Estate with any inquiries or to schedule a consultation. Call us at 805.338.4466.