Cochrane
Cochrane

Cochrane Housing Market Report

Balanced Market

All types - for the month of July

Buyer's market Seller's market

3

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

43

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

283

New

146(+25.86% YoY)

Relisted

2(- YoY)

Compared to number of active, same period, in 2024: 148, in 2023: 155, in 2022: 108

Total Sold Listings*

90

Median Sold Price

$585,000

Avg Days on Market

43 days

Median Bidding

-$8,999

Compared to number of sold, same period, in 2024: 96, in 2023: 85, in 2022: 54

*Data is for the month of July

Median Sold Price vs Average Days and Average Total Days on Market - Cochrane - All types

Sold vs Active vs New vs Relisted - Cochrane - All types

Sold Price Distribution - Cochrane - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Cochrane - All types

Property type distribution based on data from the last 3 months.

Median Price - Cochrane - All types

Population and Demographics

Overview

Total population 28065
Average household income $142,931

Age (%)

0 to 19
26%
20 to 34
16%
35 to 49
23%
50 to 64
18%
65 and plus
17%

Household composition (%)

Single family
75%
Single person
22%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
91%
Others
4%
French
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
84%
Renters
16%

Top 5 Schools in Cochrane

École Notre-Dame des Vallees132 Quigley Drive, T4C 1R1, Cochrane, AB
7.2/10
Public
Holy Spirit Catholic School129 Powell Street, T4C 1Y2, Cochrane, AB
7/10
Public
Bow Valley High School2000 River Heights Drive, T4C 1Y8, Cochrane, AB
6.8/10
Public
Cochrane Christian Academy110 Quigley Drive, T4C 1Y1, Cochrane, AB
6.8/10
Public
Cochrane High School529 - 4 Avenue N., T4C 1Y6, Cochrane, AB
6.8/10
Public