Cochrane Real Estate Statistics

Cochrane real estate average sold price in the last 30 days (January 21 - February 19) was $348,300, which is $63,380 (18.2%) higher than the average price of $284,920 in the previous 30 day period (December 22 - January 20), and $168,300 (48.3%) up from the same period 1 year ago ($180,000). Cochrane real estate prices over the last 30 days are also $19,752 (5.7%) higher than the average selling price of $328,548 over the past year.

Cochrane average sold price for homes was $348,300 in the last 30 days (January 21 - February 19), which is $63,380 (18.2%) up from the average home price of $284,920 in the previous 30 day period (December 22 - January 20), and $168,300 (48.3%) higher than the same period 1 year ago ($180,000). In the last 30 days Cochrane the average home price was $19,752 (5.7%) higher than the average selling price of $328,548 over the last 12 months.

Average selling price for Cochrane real estate was $348,300 in the last 30 days (January 21 - February 19), which is collectively $8,366 (836,600.0%) higher than the average asking price of ($1). This represents an increase of $20,104 (171.3%) compared to $11,738 (5.1%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Cochrane during the last 12 months was recorded in April, 2024 with an average of $0 over the asking price, while the minimum occurring in August, 2024 with $200,000 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Cochrane was ∞ with 3 properties sold and 1 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 9,400.0% recorded during the previous 30 day period (December 22 - January 20), and an increase from 100.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Cochrane was 500.0% recorded in January and the lowest was in April at 0.0%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 3 properties that were successfully sold in Cochrane in the last 30 days (January 21 - February 19) was 95 days, which is 58 days more than 37 days average in the previous 30 day period (December 22 - January 20) and 26 days shorter than during the same period a year ago (121 days).

There were 2 delisted properties in Cochrane, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 137 days on the market. This is 4 days longer than the average of 133 days during the previous 30 day period (December 22 - January 20) and 49 days more compared to the same period last year average of 88 days on the market.

2 Cochrane properties that didn't sell stayed on the market 44.2% longer than 3 that sucessfully sold over the last 30 days - 95 days when sold vs 137 days when delisted respectively.

Average Days on the Market in Cochrane over the past 12 months for properties that have sold was 47.8 days, with 54.8 days for those properties that did not sell.

0 new properties were listed on the market in Cochrane in the last 30 days (January 21 - February 19). During the same time 3 properties were sold and 2 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 5 properties (or ∞).

During the previous 30 day period (December 22 - January 20) there were 1 new properties listed, 94 sold and 34 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 1 new properties listed, the slowest - April with 0 new listings and a yearly average of 0 new listings per month.

There were a total of 3 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Cochrane. This is a 96.8% decline compared with a previous 30 day period (December 22 - January 20) and 200.0% up from the same period a year ago. Over the past year an average of 104 homes are were sold per month.