Inventory pushed ahead of demand this week.
Demand is still there - just not for everything.
Market balance
Buyer market - buyers have clear control.
(4wk avg) 0 Inventory isn’t clearing quickly.
Expect choice, and do not be afraid to negotiate.
Pricing and presentation need to do the heavy lifting.
Market read
The week, in plain English
Nothing about this week felt wild, but it did feel revealing. 7 new listings arrived while 2 sales closed. Supply is opening up faster than deals are getting finished. 0 sold over ask while 2 sold under ask. Taken together, this was a market that stayed active, but only rewarded listings that were positioned correctly. The board is showing more visible seller adjustments.
What I’m watching next
Whether buyers keep acting on the sharp listings first.
If the clean listings move early, demand is still there underneath this. If they do not, the next push likely comes from sellers getting sharper on price rather than from buyers suddenly disappearing.
The charts that matter
The charts that matter
To put this week in context, the longer line is more useful than the headline total. That is the better way to tell whether supply and demand are actually changing. The better read here is about direction, not drama.
Inventory
107 current
High 136 · Low 39.0
107 homes on market
Supply is running above last year, giving buyers more room to compare and negotiate.
Sales pace
2.63 / week
High 5.38 · Low 1.00
2.625 sales/week
Demand is present, but monthly absorption remains light relative to available supply.
New listings
New listings
The easiest place to start is with new inventory. That usually sets the pace for everything that follows. From there, the rest of the week is really about response.
If I’m trying to get a fast read on the week, I start here.
2 Huckleberry Place - $1,399,000
Worth watching early - detached launches often tell you fastest whether buyers are prepared to act or just compare.
Also new this week
- 45 Aspen Crescent - $1,085,000
- 101-53 Rivermount Place - $949,900
- 46 Mt Proctor Avenue - $1,089,000
- 442-4559 TIMBERLINE Crescent - $557,500
- 102-40 Ridgemont Avenue - $515,000
New sales
New sales
Closed sales still suggested buyers had room to negotiate.
7392 8th Avenue
Listed at $1,099,000
Sold: $1,050,000
Difference: -$49,000
Longer exposure still tends to give buyers more room to negotiate.
A-8 Creek Place
Listed at $735,500
Sold: $733,500
Difference: -$2,000
Buyers are still price-aware and not accepting stretch pricing automatically.
Finished
Nicely played
0 / 2
homes read correctly
Best finish 0 • Rookie read
The market is still making sellers wait when value is not obvious. That tells you buyers have enough choice to stay calm. Homes that do not line up on day one may need a clearer second act. 0 sold over ask while 2 sold under ask. Median sold price was $891,750. The board is showing more visible seller adjustments. That tells you buyers are not accepting stretch pricing automatically. Listings that start too high may need to correct before momentum builds.
Price cuts
Price cuts
- 0 visible price cuts this week
- Weekly cut rate: 0.0% of active listings
Pressure on the board
- 31 active listings are currently trading below original list
- Reduced active share: 31.3% of the current active board
- Expired / cancelled this week: 1 (1 expired, 0 cancelled)
- 4-week average: 0.3 cuts/week
- 12-week average: 0.9 cuts/week
Largest active cuts to watch Pressure on the board Active cuts to watch
Closing insight
Closing insight
Inventory is building faster than demand. Buyers have the edge here.
Data notes. Data sourced from MLS activity for the week ending Mar 11 2026. Numbers reflect the Fernie market unless otherwise noted.
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