About 18km away from Calgary, lies the town of Cochrane, located on a rolling plateau along the banks of the River Bow. The property for sale in Cochrane has been increasing rapidly as it is the best place to live peacefully with your family as it has a meagre crime rate.
Further, due to its calm surroundings and fewer people, Cochrane real estate for sale is seeing a boom in business. Most of the investors show interest in residential property for sale in Cochrane. The real estate market here has a number of varieties of new homes for sale. In addition, the houses for sale in the Cochrane area are primarily situated in the beautiful foothills of the mountains and are ideal for first-time buyers or those looking to settle down. At present, the Cochrane MLS indicates that the average house price is $489,950. Over the last 28 days, a total of 200 new units have been listed.
Market Trend for Sale in Cochrane
You can check the latest real estate market trends in Cochrane and get an insight into the Cochrane property price trend and the Cochrane housing market trend.
The housing price of Cochrane as of November 7 is a maximum of $8,750,000 and a minimum of $172,000. There is a total of 158 active properties available for sale in Cochrane. You can easily get the type of property you want that includes detached homes, attached homes, row houses, townhouses and new upcoming projects.
Finding the right home at the right location is quite important as the surrounding and neighbouring environment can affect your house as well. Thus, we have listed down some of the best Cochrane neighbourhoods. You can find your perfect communities in Cochrane by keeping two parameters in mind: the Cochrane neighbourhoods' housing market and the Cochrane neighbourhoods' house prices in the market.
We have mentioned the Neighbourhoods in Cochrane below:
- Bow Ridge
- Bow Meadows
- Cochrane Heights
- East End
- Heritage Hills
- Jumping Pound Ridge
- River Heights
- Rolling Range Estates
- Rolling Trails
- Sunset Ridge
- Southbow Landing
- The Quarry
- The Summit of River Song
- The Willows
- Towers Trail
- West Terrace
- West Pointe
- West Valley
Real Estate and MLS Listings in Cochrane
MLS listings Cochrane will help you understand the current Cochrane housing market stats and the most preferable ones. Cochrane is moving towards balanced situations when it comes to the real estate market. The average sold prices dropped by 3% month over month and 7% year over year. The statistics of the Cochrane real estate market are variable. The market trends are as follows:
- 158 homes are currently for sale in Cochrane.
- The average price for sale is $681,194.
- The highest price is $8,750,000.
Market Stats Report of Cochrane
The Cochrane real estate market stats are changing by 0.2% on a monthly basis, 2.8% on a quarterly basis, and 17.2% on an annual basis. All these Cochrane housing market average sold prices are $508,000 at present. In the last 28 days, there were 207 new listings. Around 68 homes were sold, and 98% of homes were sold at or above the listing price. These are the Cochrane real estate sales statistics at present. You can check the data given below about the Cochrane housing market sales stats.
Demographic & Population Ratio in Cochrane
Cochrane is a small population with a merely diversified population of 32,199 as of 2021. The Cochrane demographics have the aboriginal population composition of the aboriginal population in a municipality of 500 first nations, 855 metis population, 15 Inuit, and 65 unknown. The population ratio of Cochrane includes 31.53% Filipino, 12.2% people from South Asia, 180 black citizens, 145 Chinese, 140 Latin American, and others like Arab, Southeast Asian, West Asian, Korean and Japanese. The median age to buy a house here is 39 years. The total area of the town is spread over 11.5 square miles and has a density of 2,245 citizens per square mile.
Real Estate Brokerage Trend in Cochrane
The Cochrane real estate brokerage trends help in understanding the market developments across Canada. Realtors in real estate set the brokerage trends in Cochrane by increasing the benchmark of evaluating how the business will work up against the competition. The realtors let the manufacturers know about the market trends of Cochrane. The average sale price is $490,000 and the median price for properties is $510,000.
Real Estate MLS Investments Cochrane
Recent real estate MLS listings for Cochrane show that there have been 607 new listings in the last 28 days, with an average house price of CAD 508,000. According to housing data for Cochrane, a house spends on average 1 day on the market. According to the report from the Real estate boards and associations in Canada, there are several homes for sale in Cochrane that administer multiple listing services (MLS) cooperative selling networks. There are so many search options to match customers with houses that are perfect for them. One can know how to do commercial investment in Cochrane or residential investment in Cochrane with assistance in property MLS investment in Cochrane.