Cochrane in September 2026
Cochrane, a growing community west of Calgary, is reported by the Calgary Real Estate Board (CREB) as a named sub-area within CREB's own regional monthly release — similar to how the Fraser Valley board covers Surrey, Langley, and White Rock within a single release. Cochrane does not have its own separate real estate board.
Cochrane’s market loosened in September. Sales rose to 68, up 9.7% from a year earlier, but new listings rose faster — 163, up 10.1% — giving a sales-to-new-listings ratio near 42%, which pulls the market back from August’s seller-leaning reading (63%) into the lower half of the balanced band.
Inventory kept building relative to demand: active inventory rose 10.3% year over year to 353 units, and months of supply edged up 0.6% to 5.19 — up from 3.41 in August. Year to date, sales are running 5.6% ahead of 2025 and new listings 11.0% ahead.
Prices were little changed. The total residential benchmark — CREB’s composite figure covering all property types — was $575,400, down 0.4% from a year earlier and up from $570,200 in August.
Total Residential & Detached Benchmark
CREB’s September 2026 package provides two benchmark figures for Cochrane: the total residential (composite, all property types) benchmark, and the detached benchmark. CREB publishes no separate townhouse or apartment/condo benchmark for Cochrane, so this table does not include those rows rather than estimating them.
| Property Type | Benchmark Price | YoY |
|---|---|---|
| Total Residential (Composite) | $575,400 | ▼ 0.4% |
| Detached | $657,600 | ▼ 2.5% |
Source: Calgary Real Estate Board (CREB), Regional Market Facts, September 2026. CREB publishes no townhouse or apartment/condo benchmark for Cochrane.
Supply and Demand Breakdown
September reversed the direction of the previous month. Sales up 9.7% year over year against inventory up 10.3% lifted months of supply back to 5.19 — squarely in the balanced band. Year to date, sales are running 5.6% ahead of 2025.
Prices have not followed sales either way. The total residential benchmark is down 0.4% year over year, and the detached benchmark is down 2.5% year over year at $657,600 — a reminder that Cochrane competes with a well-supplied Calgary market immediately to its east.
What's Driving the Market
Interest rates: The Bank of Canada's overnight rate held at 2.25% through mid-2026, with 5-year fixed rates settling around 4.29–4.69%. Lower rates versus the 2023 peak (5.5% overnight) continue to support buyer activity in commuter communities like Cochrane, west of Calgary.
Stress test: All federally regulated lenders continue to qualify buyers under OSFI's B-20 stress test. See our 2026 stress test guide for details on how the qualifying rate is calculated.
Construction and migration: CREB Chief Economist Ann-Marie Lurie has pointed to region-wide shifts in construction activity and population migration patterns affecting inventory composition across CREB’s coverage area. In Cochrane specifically, growth in higher-density housing stock is a visible driver behind the 10.3% year-over-year rise in inventory.
Regional relationship to Calgary: As a CREB-tracked sub-area rather than an independently boarded market, Cochrane's price trends broadly track the wider Calgary region. Compare against the Calgary market report for the regional picture.
Provincial backdrop: Alberta's relative affordability compared to BC and Ontario, along with no provincial land transfer tax, continues to support interprovincial migration into commuter towns like Cochrane. See our Alberta mortgage guide and Alberta mortgage advantage article.
Key Terms
Cochrane Rents
No confirmed rent figure specific to Cochrane was found in this research pass. For Alberta and national rental trends, see our full Canadian rent report.
Compare Neighbouring Communities
Cochrane sits within the wider Calgary region tracked by CREB. Compare conditions in nearby markets: