Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Ochre River Home Price
With a median listing price of $115,000, Ochre River is Canada’s 4504th most expensive when ordered by median listing price.
The median house price listed in Ochre River this month is $115,000.
As one of Manitoba’s many potential real estate investment neighbourhoods, Ochre River needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Over the last three months in Ochre River, housing stock available seems to be falling – this could mean that homes values might increase faster.
In Ochre River, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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