Last month, Cranberry Portage was Canada’s 1322th priciest – this month at number 1322 it’s gained 41 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the improvement continues.
In Oct the median listed house price of $300,000 in Cranberry Portage was an impressive compared to the rest of Manitoba.
Cranberry Portage’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.
From our data, it appears that neighbourhood is number 3922th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
Will prices rise across the next year in in Cranberry Portage? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Cranberry Portage there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
It’s never an exact art, but to try to forecast how property is going to appreciate in Cranberry Portage for investors, it’s important to look at data like:
Over the last three months in Cranberry Portage, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.