The median asking price in Balaton Beach is $194,900, pretty close to the median three months ago which was $274,400 .
While the median for Manitoba is $264,900 , which means that Balaton Beach’s median price is $194,900 below average than the rest of the province.
There are 250 neighbourhoods that have more properties on sale than Balaton Beach at the moment in Manitoba which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.
When we look at the data we have, it can help with trying to establish whether or not Balaton Beach is a good investment target.
If you are looking at investment properties in Balaton Beach, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.
Will prices rise across the next year in in Balaton Beach? There are a number of real estate indicators to consider.
In Balaton Beach, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.