According to CREB's (Calgary Real Estate Board's) recently released sales stats for November 2023, the Cochrane, AB Real Estate market is beginning to slow ever so slightly; inventory is on the rise. That noted, we remain in a 'Seller's Market' for the time being.
In summary:
Average Home Sale Price (i.e. all home segments combined): $548,600 (+11.20% over last year).
Total Home Sales for the month: 51 (+2.00% over last year).
Month-end Inventory: 145 (+4.30% over last year).
Months of supply: 2.84 (+2.30% over last year).
