Executive Summary

The Cochrane, Alberta real estate market is currently classified as a seller's market. The median asking price is $590K, up 3.6% over the past 30 days.

There are currently 301 active listings. Inventory has increased 87.1% compared to last month.

Currently, listings spend an average of 39 days on market and the average price per square foot is $366.

Detached properties make up the largest share of the Cochrane market at 85% of active listings with an average price of $693K. Condo listings follow at 15% (avg $376K).

Sales Activity & Absorption

Volume

301
Active
39
Avg DOM
150
New (30d)
43
New (7d)

Market Signals

0
Price Cuts (30d)
43
New (7d)
0
Price Cuts
43
New (7d)

150 new listings appeared in the past month.

Neighborhoods

AreaListingsAvg Price
Sunset Ridge50$687K
Fireside36$597K
Greystone33$596K
Heartland30$534K
Heritage Hills29$658K
Downtown14$563K
Rivercrest12$680K
River Song10$656K
East End10$445K
Riviera10$898K
River Heights9$1.2M
Southbow Landing9$556K
Avg 1 schools nearbyAvg 5 parks nearbyAvg 1 transit stops nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $590K, 20% down, 25yr amortization
$2,745/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a seller's market with strong demand and limited inventory. The Cochrane market currently has 301 active listings with a median price of $590K.

  • Prices rising (3.6% in 30 days)
  • Low price reduction rate (0% of listings)
  • Average price per square foot is $366

For Buyers

Competition is strong in Cochrane. Get pre-approved, work with a local agent, and be prepared to move quickly on properties you like. Consider expanding your search criteria. There were 43 new listings in the past week.

For Sellers

Conditions favor sellers in Cochrane. Price confidently based on recent comparables, and consider professional staging to maximize offers. Multiple-offer scenarios are common.

Search Cochrane

Browse all 301 active listings.

View All Listings

Market data is calculated from active and recently sold MLS listings as of February 28, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.