Year-end cleanup - expiries everywhere.
A heavy expiry week and one steep discount sale. That’s what year-end shakeout looks like when sellers run out of runway.
What happened
Week ending Jan 2, 2026. This is the year-end housekeeping week: lots of listings simply ran out of runway, and the system cleaned them up. Expiries don’t mean “bad property” - they usually mean “wrong price for the moment”.
Sales that explain the market
- 892 9th Avenue - $925,000 (listed $1,150,000) - 40 DOM
A hard reset sale. When the gap is that wide, the market isn’t negotiating - it’s correcting.
New listings worth noting
Only one new listing arrived, which means the “new supply” story wasn’t the driver - cleanup was. January relists are usually the tell: who learned, who didn’t, and who is still anchored to the old number.
- Fast relists with a reset: often move early.
- Relists without change: often repeat the same timeline.
Next week I’m watching
Which homes re-list quickly in January. Relists tell you what sellers learned - and whether they changed anything that matters.
My take
The cleanest narrative is in the unglamorous stuff: expiries, relists, and the sales that only happen after a meaningful reset. That’s where price discovery lives.
Written for locals - and for people trying to understand Fernie without the noise.