Real Estate Appreciation for Oxnard Thousand Oaks Ventura, California: + 92.58%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Oxnard Thousand Oaks Ventura, California did compared to the state as a whole.
The Oxnard Thousand Oaks Ventura, California MSA property value change was + 92.58% (+ 23.14% yearly).
All of the property in CA averaged + 85.99% change in value (+ 21.50% yearly).
Oxnard-Thousand-Oaks-Ventura-CA
| Year | Quarter | Price Index | Quarter Increase or Decrease | Annualized |
| 1977 | 2 | 31.23 | + 10.90% | + 43.61% |
| 1977 | 3 | 33.58 | + 7.52% | + 30.10% |
| 1977 | 4 | 34.94 | + 4.05% | + 16.20% |
| 1978 | 1 | 36.18 | + 3.55% | + 14.20% |
| 1978 | 2 | 37.68 | + 4.15% | + 16.58% |
| 1978 | 3 | 39.09 | + 3.74% | + 14.97% |
| 1978 | 4 | 40.55 | + 3.73% | + 14.94% |
| 1979 | 1 | 41.1 | + 1.36% | + 5.43% |
| 1979 | 2 | 43.67 | + 6.25% | + 25.01% |
| 1979 | 3 | 46.33 | + 6.09% | + 24.36% |
| 1979 | 4 | 47.66 | + 2.87% | + 11.48% |
| 1980 | 1 | 50.13 | + 5.18% | + 20.73% |
| 1980 | 2 | 51.38 | + 2.49% | + 9.97% |
| 1980 | 3 | 53.6 | + 4.32% | + 17.28% |
| 1980 | 4 | 54.23 | + 1.18% | + 4.70% |
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Newbury Park, California Refinance, or Newbury Park, California Reverse Mortgages, you could estimate your home value.
If you knew your Newbury Park, California home was worth $57,000.00 in 1977, you could multiply by + 92.58%, add the gain and see the home should be worth $109,769.53 in 1980. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Oxnard-Thousand-Oaks-Ventura-CA from 1977 to 1980:
+ 23.14%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 1977 to 1980 were Pittsburgh-PA, Cleveland-Elyria-Mentor-OH, Richmond-VA, Atlanta-Sandy-Springs-Marietta-GA, and Cincinnati-Middletown-OH-KY-IN .
- Pittsburgh-PA only increased + 29.38% between 1977 and 1980
- Cleveland-Elyria-Mentor-OH only increased + 33.67% between 1977 and 1980
- Richmond-VA only increased + 37.30% between 1977 and 1980
- Atlanta-Sandy-Springs-Marietta-GA only increased + 39.43% between 1977 and 1980
- Cincinnati-Middletown-OH-KY-IN only increased + 39.90% between 1977 and 1980
The worst perfoming MSAs ever for a 4 year period, were Lafayette-LA, Grand-Junction-CO, Lafayette-LA, Casper-WY, and Casper-WY .
- Lafayette-LA lost - 34.71% from 1985 to 1988
- Grand-Junction-CO lost - 34.70% from 1982 thru 1985
- Lafayette-LA lost - 34.44% from 1984 thru 1987
- Casper-WY lost - 34.10% from 1983 thru 1986
- Casper-WY lost - 32.07% from 1984 thru 1987
Zip Code in MSA: 91320 - NEWBURY PARK, CA
MSA Pop: 791130Zip Pop: 37775
Avg Value: 280900
County: VENTURA
Elev: 116
Region: West
Lat: 34.18536
Long: -118.92648