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Balloons over Bagan question

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We will be in Bagan on Jan 5-9 and last night my two travel companions said they want to do the Balloons over Bagan. I found a website that says the rate is $330 per person. Is that about right? I am booking everything through Santa Maria, would I be wise to book this through them ( I dont know what thier price is yet) or somewhere else, or wait until I arrive?

I will book it for the 6th in case the weather is bad and then we still have the 7th and 8th to reschedule.
After doing the hot air balloon in Vang Vieng in Laos for $75 this sounds like a crazy price! I had heard it was around $225.

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