Cochrane Real Estate Market Update – February

February brought increased activity to the Cochrane real estate market, with both sales and new listings rising compared to last year. While buyer demand remains strong, a noticeable increase in inventory is helping create more balanced conditions than we experienced through much of 2025.

Let’s break down what the numbers actually mean for buyers and sellers.

Sales Are Up — But So Is Supply

Cochrane saw 91 homes sell in February, representing a 21.3% increase year-over-year. This shows that demand for homes in our community remains strong.

At the same time, 154 new listings hit the market, up 22.2% compared to last February.

When sales and new listings grow at similar rates, it usually signals a market that is beginning to stabilize. Buyers are still active, but they now have more options to choose from than they did a year ago.

Inventory Is Growing

One of the biggest shifts we’re seeing is in available inventory.

At the end of February, Cochrane had 284 active listings, which is a 44.9% increase compared to last year. As of today, active listings are sitting around 272 homes on the market.

This increase in supply is important because it helps relieve the pressure we’ve seen over the past few years when inventory was extremely tight.

More listings mean:

• Buyers have more choices
• Sellers face more competition
• Pricing becomes more sensitive to market conditions

What Months of Supply Tells Us

Cochrane currently sits at 3.12 months of supply, up 19.4% year-over-year.

In real estate terms:

• Under 3 months typically favours sellers
• 4–6 months is considered a balanced market
• Over 6 months favours buyers

So while the market is still leaning slightly toward sellers, we’re clearly moving toward a more balanced environment.

Homes Are Taking a Bit Longer to Sell

The average days on market is currently 65 days.

That doesn’t mean every home is sitting for two months — well-priced homes in desirable areas can still sell quickly. However, it does show that buyers are taking more time to evaluate their options rather than rushing into decisions.

Prices Show Some Year-Over-Year Softening

The benchmark price in Cochrane is currently $553,500, which is down 3.3% year-over-year.

Looking at property types:

• Detached homes: $636,800 (down 5%)
• Semi-detached homes: $492,700 (down 5%)
• Row/Townhomes: $433,400 (down 2%)
• Apartments: $323,800 (down 3%)

While prices have softened slightly compared to last year’s peak levels, they remain historically strong. In many cases, the change reflects a shift in market balance rather than a major correction.

Sales-to-New-Listings Ratio

Cochrane’s sales-to-new-listings ratio is 59%.

A ratio between 40–60% is typically considered a balanced market, meaning supply and demand are relatively aligned. This further supports the idea that our market is transitioning away from the extreme seller conditions seen in recent years.

What This Means for Buyers

Buyers are entering a market with more choice and slightly less competition than last year. While desirable homes still attract strong interest, the increased inventory allows buyers to be more selective and take a bit more time during the decision-making process.

What This Means for Sellers

Homes are still selling, but pricing strategy matters more than ever. With more listings available, buyers can easily compare options. Homes that are priced correctly and presented well are still seeing strong activity.

Looking Ahead to Spring

Spring is traditionally the busiest season in real estate, and February’s increase in listings suggests that many sellers are already preparing to enter the market.

If inventory continues to grow through March and April, we may see conditions move even closer to a balanced market — something that can ultimately benefit both buyers and sellers.