CREB® released its October 2026 numbers on November 2, and the story this fall is choice. Buyers have more homes to look at and a bit more time to decide, especially in Cochrane. Here's a plain-language look at what happened in Cochrane and in the City of Calgary, and what it could mean for you.
Cochrane: more listings, more time
Prices. Cochrane's Total Residential benchmark price was $571,100 in October, down 1.9% from October 2025 and down from $575,400 in September. By home type:
Detached: $653,000 (−3.4% year over year)
Semi-detached: $491,600 (−4.6%)
Row: $438,400 (unchanged)
Apartment: $348,700 (+1.6%)
Sales and listings. There were 62 sales in October, down 15.1% from 73 a year earlier. Year to date, sales are still up 3.7% (871 so far). New listings rose 6.0% to 142, and are up 10.5% year to date.
Supply. Inventory climbed to 361 homes, up 16.8% from 309 last October. Months of supply rose to 5.82, compared with 4.23 a year ago. CREB® noted that Cochrane's months of supply is approaching six for the first time since early 2020, and that inventory rose in October when it usually declines.
Pace. Homes took an average of 56 days to sell, up from 52. The sales-to-new-listings ratio was 44%, down from 54%.
What it means. Buyers in Cochrane have more choice and generally more room to take their time. For sellers, pricing and presentation matter more than they did a year ago, because buyers are comparing more homes.
Calgary: a split market
Prices. The City of Calgary's Total Residential benchmark price was $564,200, down 0.4% from last year and down from $566,700 in September. By home type:
Detached: $735,100 (−0.7%)
Semi-detached: $685,200 (+0.8%)
Row: $407,500 (−5.1%)
Apartment: $288,800 (−7.9%)
Sales and listings. Calgary recorded 1,592 sales, down 15.3% year over year, and sales are down 10.9% year to date. New listings fell 9.4% to 2,928.
Supply. Inventory was 6,173, down 4.6% from last October. Months of supply rose to 3.88 from 3.44, because sales slowed faster than inventory.
Pace. Days on market held at 43, the same as last October. The sales-to-new-listings ratio was 54%, down from 58%.
What it means. Calgary isn't moving as one market. Months of supply was 3.34 for detached and 3.16 for semi-detached homes, compared with 4.44 for row homes and 5.28 for apartments. As CREB® Chief Economist Ann-Marie Lurie put it: "Much of the downward pressure on prices is occurring in the oversupplied higher-density segments of the market, while detached and semi-detached prices have remained more stable."
What this means if you're buying or selling in Cochrane
If you're buying, this is a fall with more homes to compare. With more than 360 homes for sale and longer days on market, you may have more time to view homes, do your homework and write a thoughtful offer.
If you're selling, buyers have options, so first impressions count. A realistic price based on recent sales of similar homes nearby, good photos and a well-prepared home matter more now than they did a year ago.
Every street and home type is a little different, and the town-wide numbers don't tell the whole story for any one property.
Let's talk about your home
Wondering where your home, or your next home, fits in this market? We're happy to walk you through the numbers for your street and home type, with no pressure.
Wayne & Sean Burton · REMAX West Real Estate · 403-850-1058 · burtonrealestate.ca
Sources
CREB® Cochrane Monthly Summary Statistics, October 2026 (data: Pillar 9), pp. 1, 2, 4 — available through CREB® Housing Statistics
CREB® Calgary Region Monthly Statistics Package, October 2026 (PDF), p. 2 (Cochrane commentary)
CREB® City of Calgary Monthly Statistics Package, October 2026 (PDF), pp. 5, 6, 11
CREB® news release: October 2026 housing statistics, November 2, 2026
Prices are MLS® Home Price Index benchmark prices. Year-over-year changes compare October 2026 with October 2025.
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