Cochrane Market Update March 2023

Cochrane Market Remains Strong Heading Into Spring 

The Cochrane market has been showing some interesting trends lately. As of February the average home price in Cochrane is $492,900. This represents a 2.5% increase compared to the same period last year. inventory levels have also been on the rise in Cochrane, and while February levels are double what was available in the market last year, inventories remain over 40 per cent below long-term trends for the month. 

Despite this increase in prices, the demand for properties in Cochrane remains strong. Homes are selling quickly and it’s still possible to see multiple offers on sought after properties new to the market. This can be attributed to the fact that Cochrane offers a great quality of life, with easy access to nature, excellent amenities, and a growing business community.

If you’re thinking of selling your property in Cochrane, now could be a great time to do so. With demand high and prices increasing, you may be able to get a great return on your investment. I’d be happy to provide you with a free market analysis of your property, which can help you determine its current value.

On the other hand, if you’re looking to buy a property in Cochrane, there are still great opportunities available. While prices have increased, there are still many properties on the market that offer great value. My goal is to help you find the right property to meet your needs and budget.