Ritchot, MB

Updated: Aug 2016
House
Median price $539,900
Monthly growth
Quarterly trend
Stock on market 0.10%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Ritchot Home Price

With a median listing price of $539,900, Ritchot is Canada’s 349th most expensive when ordered by median listing price.

While the median for Manitoba is $264,900 , which means that Ritchot’s median price is $539,900 considerably better than the rest of the province.

Manitoba has the sixth least amount of properties available to property investors, with Ritchot having 207th most in the province, out of a total of 250.

Can we guarantee how well Ritchot is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

If you are looking at investment properties in Ritchot, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Will prices rise across the next year in in Ritchot? There are a number of real estate indicators to consider.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Ritchot have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
3 bedrooms $539,900
Demographics
  • Land area (square km)333.53
  • Population in 20115478
  • Population in 20065051
  • 2006 to 2011 population change (%)8.5
  • Total private dwellings1909
  • Private dwellings occupied by usual residents1849
  • Population density per square kilometre16.4