Real Estate Market Report for
Cochrane, AB

Updated : Aug 2016
House
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Apartment
  • Median price $225,000
  • Monthly growth 11.99 %
  • Quarterly trend
  • Stock on market 0.10%
Cochrane Home Price

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It’s never an exact art, but to try to forecast how property is going to appreciate in Cochrane for investors, it’s important to look at data like:

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

The median asking price in Cochrane is $225,000, pretty close to the median three months ago which was $225,000 .

While the median for Alberta is $259,000 , which means that Cochrane’s median price is $225,000 better than average than the rest of the province.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Cochrane has a pretty average amount compared to the rest of the province

Alberta has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

In Cochrane, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

Beds Median price (House) Median price (Apartment)
3 bedrooms $562,450
Demographics
  • Population in 201117580
  • Population in 200613760
  • 2006 to 2011 population change (%)27.8
  • Total private dwellings6824
  • Private dwellings occupied by usual residents6523
  • Population density per square kilometre585.5
  • Land area (square km)30.03
  • Age Characteristics
    Total population by age groups 17580
    0 to 4 years 1170
    5 to 9 years 1205
    10 to 14 years 1190
    15 to 19 years 1275
    15 years 260
    16 years 245
    17 years 250
    18 years 255
    19 years 270
    20 to 24 years 995
    25 to 29 years 1010
    30 to 34 years 1190
    35 to 39 years 1325
    40 to 44 years 1310
    45 to 49 years 1575
    50 to 54 years 1455
    55 to 59 years 1170
    60 to 64 years 920
    65 to 69 years 655
    70 to 74 years 425
    75 to 79 years 300
    80 to 84 years 195
    85 years and over 205
    Median age of the population 38
    % of the population aged 15 and over 79.7
  • Marital Status
    Total population 15 years and over by marital status 14015
    Married or living with a common-law partner 9370
    Married (and not separated) 8220
    Living common-law 1155
    Not married and not living with a common-law partner 4640
    Single (never legally married) 3050
    Separated 310
    Divorced 785
    Widowed 495
    Family Characteristics
    Total number of census families in private households 5200
    Size of census family: 2 persons 2450
    Size of census family: 3 persons 1085
    Size of census family: 4 persons 1175
    Size of census family: 5 or more persons 495
    Total number of census families in private households 5200
    Total couple families by family structure and number of children 4610
    Married couples 4030
    Without children at home 1775
    With children at home 2255
    1 child 775
    2 children 1025
    3 or more children 450
    Common-law couples 575
    Without children at home 340
    With children at home 235
    1 child 120
    2 children 90
    3 or more children 30
    Total lone-parent families by sex of parent and number of children 595
    Female parent 450
    1 child 240
    2 children 150
    3 or more children 60
    Male parent 145
    1 child 95
    2 children 40
    3 or more children 10
    Total children in census families in private households 5630
    Under six years of age 1400
    6 to 14 years 2130
    15 to 17 years 735
    18 to 24 years 1095
    25 years and over 270
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 17290
    Number of persons not in census families 1855
    Living with relatives 190
    Living with non-relatives only 475
    Living alone 1185
    Number of census family persons 15440
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 1585
    Number of persons not in census families aged 65 years and over 385
    Living with relatives 40
    Living with non-relatives only 20
    Living alone 320
    Number of census family persons aged 65 years and over 1200
    Total number of private households by household type 6525
    Census-family households 5145
    One-family-only households 4890
    Couple-family households 4395
    Without children 1995
    With children 2400
    Lone-parent-family households 500
    Other family households 255
    One-family households with persons not in a census family 195
    Couple-family households 130
    Without children 55
    With children 65
    Lone-parent-family households 70
    Two-or-more-family households 55
    Non-census-family households 1380
    One-person households 1190
    Two-or-more-person households 190
    Total number of occupied private dwellings by structural type of dwelling 6520
    Single-detached house 4505
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 2015
    Semi-detached house 880
    Row house 390
    Apartment, duplex 70
    Apartment, building that has fewer than five storeys 675
    Other single-attached house 5
    Total number of private households by household size 6525
    1 person 1190
    2 persons 2410
    3 persons 1145
    4 persons 1215
    5 persons 430
    6 or more persons 140
    Number of persons in private households 17290
    Average number of persons in private households 2.7
Census 2011

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