Cochrane
Cochrane’s real estate market remains steady, with April marking the fourth consecutive month where sales have kept pace with last year’s levels. So far in 2025, the area has seen 335 homes sold—about a 5% increase over the same period in 2024. New listings are also rising, but thanks to a stable sales-to-new-listings ratio of 60%, inventory hasn’t surged too rapidly. April’s supply stood at 246 homes, just shy of historical norms. Increased availability has cooled the pace of price growth, but prices are still climbing. The benchmark price reached a new high of $592,000 in April, up nearly 6% from last year.

Airdrie
In Airdrie, home sales continued to slow for the third month in a row compared to last year. While activity has dipped, sales remain stronger than long-term averages, showing that buyer interest is still very much alive. April saw 185 homes sold and 290 new listings hit the market. That pushed the sales-to-new-listings ratio up to 64%, signaling a slight shift toward a more balanced market. Inventory levels have also been climbing and are now back in line with what we typically see this time of year—welcome news after three straight years of very low April inventory. With 2.3 months of supply on the market, pressure on prices is easing. In April, the average home price held steady at $544,700, nearly unchanged from both last month and this time last year.

Okotoks
In Okotoks, sales continue to soften, contributing to a 16% year-to-date drop. While tight inventory has limited activity in recent years, 2025 is showing signs of improvement. With more listings coming online, the sales-to-new-listings ratio dropped to 53%, helping inventory rise slightly to 127 units. Though still below typical levels, the extra supply is easing price pressure. April’s benchmark price was $627,100, down slightly from March but up almost 2% year-over-year.