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...
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...
Cochrane Market Update - August 2023
Posted on Aug 22, 2023 in Cochrane Market Updates
Tight Supply Remains
Cochrane reported sales and new listings that trended downward from the second quarter of 2022, yet sales remain above the long-term average. This lack of listings has likely prevented more substantial sales growth, particularly in the high-density apartment and row sectors.
Although average inventory has improved slightly compa...
Cochrane Market Update March 2023
Posted on Mar 16, 2023 in Cochrane Market Updates
Cochrane Market Remains Strong Heading Into Spring
The Cochrane market has been showing some interesting trends lately. As of February the average home price in Cochrane is $492,900. This represents a 2.5% increase compared to the same period last year. inventory levels have also been on the rise in Cochrane, and while February levels are double wh...
