HonestDoor

    Sunset Ridge, Cochrane - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Cochrane, Sunset Ridge

    Sunset Ridge, Cochrane: Your Neighbour Just Listed. Here Is What You Need to Know.

    If you have been watching the "For Sale" signs pop up around Sunset Ridge this season, here is the straight story on what is actually happening to home values, how long things are sitting, and whether now is the right time to make a move.

    The Vibe: Houses vs. Condos

    Houses - Still Solid, But Taking a Breather

    We are sitting at an average sale price of $667,045 for houses in Sunset Ridge right now. That is down 3.7% from last month, and listings are averaging $698,200 - so there is a gap between what sellers want and what buyers are paying. On average, homes are selling for 98.16% of list price. That means if you list at $700,000, expect to close somewhere around $687,000. Not a disaster, but not a seller's free-for-all either.

    Homes are spending about 30 days on the market before selling. That is a reasonable pace, but it tells us buyers are not rushing. They are doing their homework. Our days-on-market rank sits at 12 out of 19 compared to other Cochrane neighbourhoods - so we are in the slower half of the pack right now.

    • Average sale price: $667,045 (down 3.7% from last month)
    • Average list price: $698,200
    • Price per square foot: $348
    • Sale-to-list ratio: 98.16% - buyers are negotiating
    • Average days on market: 30
    • Properties sold this period: 22 (down 4.3% from last month)
    • Rental yield: 5.34% - that is a strong number for landlords
    • Estimated monthly rent: $3,113

    The growth rank is worth flagging. Sunset Ridge houses rank 6 out of 28 neighbourhoods in Cochrane for growth. That puts us in the top quarter of the leaderboard - above average, and ahead of most of the competition in town. Even with the short-term price dip, the underlying trajectory is holding up well.

    Condos - A Different Story

    Condos in Sunset Ridge are a quieter market right now, and we should be honest about that. Only one condo sold this period, sitting on the market for 64 days before it moved. The sale price came in at $290,000, with buyers paying about 96.70% of list - so there was room to negotiate.

    The predicted market value for condos is $253,028, and that number is actually trending down from the 3-month moving average of $273,232. Values have shifted by -3.04% recently. On the Cochrane neighbourhood growth leaderboard, condo properties here rank 17 out of 18. That is near the bottom, and it is worth knowing if you own one.

    • Average sale price: $290,000
    • Average list price: $299,900
    • Price per square foot: $338
    • Sale-to-list ratio: 96.70%
    • Average days on market: 64
    • Rental yield: 4.26% - moderate, not exceptional
    • Estimated monthly rent: $1,367
    • HonestDoor Price: $258,246 (up 2.06% from previous period)

    The one bright spot for condo owners is that the HonestDoor Price is actually up 2.06% from the previous period. So while the short-term sales data is soft, the broader valuation signal is nudging upward. That is the kind of nuance a city assessment will never show you.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

    Here is the thing about your city assessment - it is a snapshot from months ago, sometimes longer. It does not know that house prices in Sunset Ridge dipped 3.7% last month. It does not know that condo values are down 3.04% recently. And it definitely does not know what your neighbour's place just sold for last week.

    The HonestDoor Price is updated in real time using actual transaction data. For houses in Sunset Ridge, that number sits at $656,260 right now - up 0.55% from the previous period. For condos, it is $258,246, up 2.06%. These are live numbers, not government paperwork from last year.

    If you are a homeowner in Sunset Ridge and you are making any kind of financial decision - refinancing, selling, even just curious about your net worth - the HonestDoor Price is your real-world check. It is the number that reflects what a buyer would actually put on the table today, not what a bureaucrat estimated eight months ago.

    The "So What?" - Thinking About Selling This Summer?

    If you own a house in Sunset Ridge and you are thinking about listing this summer, here is the honest take.

    The market is not broken - it is just more balanced than it was. Buyers have options and they know it. Pricing sharp matters more than it did a year ago. With homes selling at 98.16% of list, an overpriced listing will sit. A well-priced one will move in about 30 days. Sunset Ridge still ranks in the top quarter of Cochrane neighbourhoods for growth, and with 105 total property transactions recorded in 2026, this is the most active neighbourhood in Cochrane by transaction volume - ranked number 1. That means buyers are here. They are just being picky.

    If you own a condo, the calculus is different. With only one sale this period and 64 days on market, you are in a slower lane. That does not mean you cannot sell - it means you need to price it right from day one and be patient. Check your HonestDoor Price before you set your number.

    Bottom line - Sunset Ridge is still one of the stronger addresses in Cochrane. The house market is taking a short breather, the condo market needs more time, and the best thing any owner can do right now is get a current, data-backed read on their home's value before making any decisions. That is exactly what the HonestDoor Price is built for.

    sunset ridge | cochrane | july 2026

    This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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