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Cochrane Real Estate & Cochrane Listings 60 Minutes!
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Calgary home
prices show signs of stability as recovery in the
housing market begins to take hold.
The average price of a single family Calgary
metro home in September 2009 was $459,085,
showing an increase of 1 per cent from August
2009, when the average price was $454,130,
and showing an increase of 3 per cent from
September 2008, when the average price was
$444,048. The average price of a Calgary
metro condominium was $290,253 showing a
2 per cent increase from August 2009, when the
average price was $283,330 and an increase of
1 per cent over last year, when the average price
was $287,426. Average price information can be
useful in establishing trends over time, but does
not indicate actual prices in centres comprised of
widely divergent neighbourhoods, or account for
price differentials between geographical areas.
"The correction in Calgary housing market
appears to be stabilizing and downward pressure
on home prices is moderating," says Diane Scott,
president elect of the Calgary Real Estate Board.
The number of single family homes and condos
sold in September 2009 in Calgary metro are
also both up from the same time a year ago.
September saw 1,257 single family homes sold
in Calgary metro. This is an increase of 9 per
cent from September 2008, when single family
home sales were 1,152. This is a decrease of
2 per cent from 1,277 sales in August of this
year. The number of condominium sales for the
month of September 2009 was 580, an increase
of 25 per cent from September 2008 when 465
condominiums changed hands. This was a
decrease of 8 per cent from the 632 condominium
transactions recorded last month.
"Indeed the market is harder to predict in these
early stages of recovery," says Scott. "Sales
were stronger than expected in the summer
months -- easing slightly in September. We
expect a gradual and measured uptake in sales as
we enter the fall market."
Single family Calgary metro new listings added
for the month of September totaled 1,857, a
decrease of 3 per cent from August 2009 when
1,910 new listings were added, and showing a
decrease of 29 per cent from September 2008,
when 2,631 new listings came to the market.
Calgary metro condominium new listings added
in September 2009 were 940, up 13 per cent from
August 2009, when the MLS&res; saw 832 condo
listings coming to the market. This is a decrease
of 21 per cent from September 2008, when
condominium listings were 1,186.
The median price of a single family Calgary metro
home in September 2009 was $399,900, showing
no significant change from August 2009, when
the median price was $400,000, and up 1 per cent
from September 2008, when the median price was
$395,000. The median price of a condominium in
September 2009 was $265,000, up 2 per cent from
August 2009, when the median was $260,000,
and showing no change from September 2008,
when the median price was $265,000. All Calgary
metro MLS&res; statistics include properties listed
and sold only within Calgary’s city limits. The
median price is the price that is midway between
the least expensive and most expensive home sold
in an area during a given period of time. During
that time, half the buyers bought homes that
cost more than the median price and half bought
homes for less than the median price.
"In the third quarter Calgary shifted to a more
balanced housing market. But conditions are
still very favourable for home buyers," says
Scott. "Mortgage rates remain low, affordability
continues and federal government incentives such
as the $5,000 tax credit may motivate first-time
homebuyers to make a purchase before the end
of the year."
"This recession has been a tricky one. Consumers
were expecting the worse yet the housing rebound
came faster than expected. I think it is safe to say
the worst is behind us, but it will take some time
for consumers to really shake off their economic
jitters," adds Scott.
CREB® is a professional body of 5,445 licensed
brokers and registered associates, representing
252 member offices. The Board does not
generate statistics or analysis of any individual
member or company's market share. All MLS®
active listings for Calgary and area may be found
on the Board's website at www.creb.com.
The most comprehensive source for Cochrane real estate, developed with the help of top Cochrane and area real estate agents. Start your Cochrane real estate search with the latest Cochrane MLS® listings, view the latest Cochrane House Price Stats and Cochrane mortgage rate information, get Cochrane School information, sell your Cochrane home, view Cochrane district links.
Cochrane Real Estate Listings
Search for Homes & Condos listed for sale on the Cochrane Board's MLS® System using one of our Top Real estate agent websites.
Search for Cochrane Real Estate Listings using interactive maps, provided by licensed real estate agents. Easily locate any Cochrane house or condo listed for sale on the Cochrane Board's MLS® system, with street addresses and even driving directions. IBG has the largest network of Cochrane and area real estate websites with more Exclusive listings than any other local website.
Cochrane Alberta has recreation opportunities that are staggering. Beautiful parks, active lifestyles and sports teams are a source of pride for many Cochrane Alberta citizens.
Cochrane Parks
Cochrane Alberta has beautiful parks and natural green spaces are well-known throughout Alberta and invite quiet retreats and action packed getaways. A water playground, participark, western ranch and wildlife sanctuary are just some of Cochrane park highlights. Biking, paddling, skating, cross-country skiing, athletics, bird watching, picnics and peaceful walks can all be enjoyed in various parks and facilities along streams, creeks and the Cochrane River.
Cochrane Trails
Within the city of Cochrane, Waskasoo Park offers over 80 kilometers of paved and shale trails along the river valley for a wide variety of recreational pursuits such as cycling, hiking, cross-country skiing and horseback riding.
Cochrane and Area Golf Courses
Cochrane Alberta offers many choices for the golf enthusiast. The River Bend Golf Course is a municipal 18-hole championship caliber golf course in Waskasoo Park. An 18-hole private course bordering the Cochrane River along with three other public courses provide a good variety. Courses at nearby Lacombe, Innisfail, Sylvan Lake and Wolf Creek add to the abundance of golfing opportunities.
Cochrane Recreation Programs
The City of Cochrane, sporting groups, and many community associations, offer a host of recreational opportunities for children and adults alike. Opportunities range from recreational classes and programs, family festivals, sports teams and community groups, and drop-in activities. For more information contact the Recreation, Parks and Culture Department.
Cochrane Museums & Interpretive Centres
The Cochrane and District Museum, Kerry Wood Nature Interpretive Centre, and Fort Normandeau bring a historical and educational perspective to Cochrane and the Central Alberta region together with the recently-opened Alberta Sports Hall of Fame and Museum.
Cochrane Festivals & Events
Westerner Days, Cochrane International Air Show, First Night Celebration, Winter Fest, Heritage Day, Youth Fest, Canada Day, Agri-trade Show, Mayor's Garden Party, World of Women trade show, and the Silver Buckle Rodeo are just some of Central Alberta's family festivals and events. For information on current events in the Cochrane area, check out the Cochrane & Community Events Calendar.
Arts & Culture Facilities & Organizations
The state of the art Cochrane College Arts Centre, The Westerner and many other venues throughout the city offer a variety of live performances including music, drama and dance.
Cochrane Alberta has an abundant arts and culture organizations provide opportunities throughout the community to get involved in a wide range of drama, musical and other cultural pursuits.
Cochrane Restaurants
Cochrane can accommodate almost everyone's entertainment needs. With more than 160 restaurants to choose from you won't be disappointed with your options - you'll find everything from ethnic cuisine to western fare.
Shopping
With major shopping areas on each end of the city and countless shopping opportunities in-between, Cochrane is Central Alberta's shopping centre. You'll enjoy searching for unique treasures in quaint stores and finding great bargains in some of the wholesale shops. The Cochrane Farmer's Market is also a great destination for shoppers and is open to locals and visitors throughout the spring, summer and fall.
Cochrane Real Estate
This Cochrane Real Estate site presents useful information for real estate homebuyers and sellers as well as links to great Cochrane community information and other Cochrane real estate internet sites.
Please try our online Cochrane Home Search and Evaluation services, and search the online Cochrane real estate listings as our guest. Relocating? We would be happy to send you school and community information in addition to the current Cochrane real estate listings and property values. Just click here to use our handy relocation form!
This resource is updated regularly, and whether you are buying or selling real estate properties, this site presents information that is of interest to future and current Cochrane, Alberta area home owners. Your comments and suggestions are welcome! Please visit often.
Cochrane and area Real Estate directory
ATTENTION ALBERTA REAL ESTATE AGENTS
Many thanks to all of the Alberta Real Estate Offices and Independant Agents
that have worked together over the past few years to make this Network of Alberta Real Estate
websites possible. Each office is "Independently owned and operated"
We welcome all of the Real Estate offices and Agents in Alberta wishing
to get involved with this ALBERTA REAL ESTATE NETWORK of more than 20 Alberta websites.
Every agent currently on this network has both their Agent profiles and
Property details displayed on over 20 other high traffic Alberta websites.
IBG has an exclusive Internet Marketing system that now generates over 400,000 unique visitors per month to Alberta. (A very
regional and very targeted audience) All of the offices and Agents are able to update
their own listings daily (many automatically). Our services are available
to Agents in Alberta with personal websites that need more exposure.
Alberta
