CALGARY DREAM HOMES REAL ESTATE BLOG

 COCHRANE REAL ESTATE MARKET GLANCE (May 3 2023) CREB REGION REPORT: COCHRANE MAY 3 2023 With 114 sales and 116 new listings, April’s sales to new listings ratio rose to 98 per cent. While inventories are still higher than what was reported in the market last year, with nearly all new listings selling, inventories trended down over levels seen earlier in the year. With only 142 units available, the months of supply dropped to just over one month, ensuring the market continued to favour the seller.  Renewed tight market conditions contributed to the third consecutive monthly price gain, and the benchmark price pushed up to $509,600 in April. However, despite the monthly gains, prices remain nearly two per cent below last April, and the peak price of $522,600 reached in June of last year.  Source: Creb 3 MAY 2023 COCHRANE HOMES COCHRANE CONDOS COCHRANE SEMI-DETACHED COCHRANE BUNGALOWS

Are You Looking to live in Cochrane? Cochrane is a great family destination in Alberta, located 18 km West of the Calgary City limits along Highway 1A.  Cochrane is the second largest town in Alberta. The town was established in 1881 as the Cochrane Ranche, after Matthew Henry Cochrane. Bordering Bearspaw in MD Rockyview it was a village in 1903 but became a town 1971. Intersected by Highway 1A and Highway 22, and it has not stopped growing since. Cochrane is also a small industrial area, they include lumber, construction, retail, and ranching/farming.  HOMES FOR SALE IN COCHRANE   |    COCHRANE BUNGALOWS info@CalgaryDreamHomes.com  |  403.850.0669