How is Cochrane Real Estate Market doing?
Posted on
February 28, 2019
by
Calgary Real Estate Property
Cochrane
- Year-to-date residential sales in Cochrane remained comparable to last years levels, mostly due to gains in detached sales.
- Although new listings levels in the first two months were comparable to the same period in 2018, there were gains in inventory levels. Overall months of supply levels remained just below seven months.
- Oversupply in the market has caused year-to-date prices to decline compared to last year. On a year-over-year basis, the February detached benchmark price of $413,300 was 1.3 per cent lower than 2018 price levels
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How is Cochrane Real Estate Market doing?
Posted on
February 28, 2019
by
Calgary Real Estate Property
Cochrane
- Year-to-date residential sales in Cochrane remained comparable to last years levels, mostly due to gains in detached sales.
- Although new listings levels in the first two months were comparable to the same period in 2018, there were gains in inventory levels. Overall months of supply levels remained just below seven months.
- Oversupply in the market has caused year-to-date prices to decline compared to last year. On a year-over-year basis, the February detached benchmark price of $413,300 was 1.3 per cent lower than 2018 price levels
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Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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