Mandalay Bay, Oxnard CA Market Report, Prices, Trends and Forecast 2021

October 11,2021 | Posted By Arlene Beckwith in Real Estate
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A beautiful neighborhood in Oxnard, California, Mandalay Bay offers an impressive variety of large homes with high value. The history of this amazing community dates back to the 1970s. If you want to buy a home in Mandalay Bay, invest in a beautiful Victorian style home to live near high-end restaurants, boutiques, and shops. This authentic part of California attracts thousands of buyers every year.

For buyers searching for budget-friendly homes with a chic look, the possibilities are endless in Mandalay Bay. One of the reasons why real estate is thriving is that the ambiance is perfect for people who desire a technology-friendly, secure, and private lifestyle.

If you are looking to sell or invest in Mandalay Bay real estate in the Oxnard area? The experts and professionals at Arlene & Keith Beckwith Real Estate have included insights, key statistics, and forecasts to guide your real estate journey. Contact Arlene and Keith Beckwith directly at (805) 338-3363!

Mandalay Bay, Oxnard CA Market Trends and Forecast

The median sale price of homes in Mandalay Bay, CA is $875,000, and the average price per square foot is $525. You can find townhouses, condos, and single-family homes in the area.

 

However, Mandalay Bay is primarily a single-family home community and features homes representing a wide range of architectural styles and periods.

On average, properties in Mandalay Bay, Oxnard CA sit for 116 days on the market. Typically, buyers purchase homes at 95% of the asking price. Homes in Mandalay Bay Village sit on the market for an average of 109 days with an average listing price of nearly $605,000 and available at $398 per square foot. Based on data from the past year 2020, the closing price of homes in Mandalay Bay, CA ranges from $824,000 to $2,585,000.

Buyers can find a wide range of single-family homes and condos to accommodate everyone. The beautiful harbor featuring miles of immaculate beaches promises plenty of fun throughout the year. Santa Barbara is just a forty-mile drive north up the beach if you want to enjoy an eventful night.

The average age of the residents is 61 years. A large percentage of the current population of Mandalay Bay comprises young executives. The population is just over 200,000, and over 75% of all residents have their transportation. The median household income for the people living in Oxnard is $62,000, and the average income of an Oxnard resident is $21,000.

Considering the stats and figures from past real estate trends, we observe that Mandalay Bay's homes are a little on the pricier side. However, the area offers attached and detached homes and single-family and custom homes with docks that range in size from 30 to 150 feet. The homeowner's association fee is also an affordable $50 per year. Because of all these reasons, our real estate analysts predict Mandalay Bay as an attractive real estate market for years to come.

Invest in Mandalay Bay Today

If you want to make a profitable real estate investment, Mandalay Bay presents lucrative investment opportunities. The Mandalay Bay real estate holds excellent potential for buyers and sellers in 2021 because there are plenty of single-family detached homes on one side of the Bay and single-family attached homes on the other side. Grocery stores, restaurants, and beaches are just a few steps away from every house. If you want to buy a home in Mandalay Bay, Oxnard, CA, contact Arlene & Keith to know more about how you can invest. When you require professional real estate agents to buy a property in Mandalay Bay, get in touch with Arlene and Keith Beckwith. The seasoned real estate agents have a combined experience of 50+ years.

Related Article: Everything You Need to Know Before Moving to Mandalay Bay, Oxnard CA

Mandalay Bay MLS Listings

Search all Mandalay Bay Real Estate & Mandalay Bay Homes - Located in the Oxnard, California area

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Similar Neighborhoods

When you move to Mandalay Bay, Oxnard CA, 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

Demographics

59.92 %
Home Owners
200,000
Total Population
61
Median Age
6.3%
Unemployment Rate
$62,000
Median Household Income

Transportation in Mandalay Bay, CA

55/100
Somewhat Walkable
Walk Score®
52/100
Somewhat Bikeable
Bike Score®
32/100
Minimal Transit
Transit Score®

Living In Mandalay Bay, Oxnard CA

Before leaping into your marina and beachfront property, you might be wondering what it’s like to live in Mandalay Bay, CA. Here is a brief of useful statistics that report what current residents have to say about this upscale Oxnard neighborhood!

Related Article: Explore Homes For Sale in Mandalay Bay, CA with Private Boat Docks

Mandalay Bay, CA 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 Mandalay Bay, Oxnard CA as of February 2021:

Median Home Prices Near Mandalay Bay, CA 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 Mandalay Bay 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)
  • » Residents and active members of the harbor community
  • » Exclusively specialized in buying/selling harbor and beachside properties
  • » Organized database for buyers and customer relations
  • » Keith Beckwith serves as a Board Member for the Mandalay Bay community (744 Homes)
  • » Access to a full-time transaction coordinator and real estate assistants
  • » #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 real estate market trends in the Channel Islands Harbor and Mandalay Bay 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.