Canmore Real Estate News

Cochrane Market Update - September 2024

Posted on Oct 03, 2024

Cochrane Year to Date Sales 6% higher than last year and Benchmark Price 9% higher 

Over the past few months, despite a slowdown in sales, year-to-date figures remain nearly 6% higher than this time last year. However, like many other regions, Cochrane has seen an increase in new listings. With 174 units on the market and 58 sales in September, the...

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Canmore Market Update - September 2024

Posted on Oct 03, 2024

Canmore Market is Becoming More Balanced

The Canmore real estate market saw continued activity in September, but an increase in new listings has begun to balance out market conditions. The pace of year-to-date sales has slowed, approximately 6%, since this time last year and compared to the earlier months this year. Sales-to-new listings ratio settl...

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Cochrane Market Update - April 2024

Posted on May 13, 2024 in Cochrane Market Updates

Tight conditions persist in the Cochrane market causing further gains in prices.

Prices rose across all property types in April, with the detached residential benchmark price reaching $663,500, one per cent higher than last month and nearly 11% higher than April 2023.

Sales are down 21% compared to last April contributing to the sense of a sluggish S...

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Canmore Market Update - April 2024

Posted on May 13, 2024 in Canmore Market Updates

The Canmore market is maintaining a steady pace as we move through the beginning of the 
Spring market.

We've observed a slight increase in inventory, rising from 131 properties for sale to 141, marking an 8% uptick year over year. A welcomed statistic in our relatively small market, where the usually busy Spring market has felt sluggish. However, sal...

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Canmore Market Update - March 2024

Posted on Apr 07, 2024 in Canmore Market Updates

The Spring market is upon us and a shortage of inventory remains an issue.

In a year-over-year comparison, the detached benchmark price increased by 14% to reach $1,525,800, while townhouse prices experienced a more moderate increase of 9%. A notable decrease in inventory and new listings, 8% and 7% respectively, contributed to a 25% reduction in th...

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Cochrane Market Update - March 2024

Posted on Apr 02, 2024 in Cochrane Market Updates

Optimistic Trends Persist in the Cochrane Real Estate Market for Spring 

The outlook continues to be positive for the Cochrane real estate market as the year over year detached benchmark house price rises 12% to $654,000. The increase coincides with a significant decrease in both inventory and new listings by 22% and 25% respectively. These declines...

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