Cochrane, AB Real Estate Sales Stats November, 2023

According to CREB's (Calgary Real Estate Board's) recently released sales stats for November 2023, the Cochrane, AB Real Estate market is beginning to slow ever so slightly; inventory is on the rise. That noted, we remain in a 'Seller's Market' for the time being. 

In summary:

Average Home Sale Price (i.e. all home segments combined): $548,600 (+11.20% over last year).
Total Home Sales for the month: 51 (+2.00% over last year).
Month-end Inventory: 145 (+4.30% over last year).
Months of supply: 2.84 (+2.30% over last year).