Cochrane, AB Real Estate Sales Remain Strong in February 2024

According to the just released Calgary Real Estate Board's February sales statistics, home inventory is slowly rising in Cochrane. However, the number of home sales has also increased; leading to home prices being 11.20% higher in February 2024 than they were in February 2023 (see home sale stats below):

Average Sale Price (i.e. all home segments combined): $548,300 (+11.20% year/year).

Total Sales for Month: 65 (+18.20% year/year).

Month-End Inventory: 133 (+3.10% year/year).

Months of supply: 12.05 (-12.80% year/year).