Listings and sales stayed fairly close this week.
The market is working, but still filtering hard.
Market balance
Balanced - slight buyer edge.
(4wk avg) 0 Enough moved to keep things active.
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
On paper the week held together. 7 new listings arrived while 6 sales closed. Listings and closings were fairly close this week. 2 sold over ask while 3 sold under ask. Taken together, this was a market that stayed active, but only rewarded listings that were positioned correctly. Price moves are doing more of the market’s talking right now.
What I’m watching next
Whether this new inventory gets absorbed cleanly.
If the sharper listings keep moving first, the market likely stays balanced but selective. If they start to stall, that usually means the next move comes from pricing, not from a lack of interest.
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Listings, sales, price cuts, charts, and the closing market read.
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The charts that matter
The charts that matter
The charts help show whether this week was noise or part of a broader pattern. That is where the broader balance becomes easier to see. The better read here is about direction, not drama.
Inventory
99.0 current
High 136 · Low 39.0
99 homes on market
Supply is running below last year, which keeps fresh, well-priced listings more competitive.
Sales pace
3.13 / week
High 5.38 · Low 1.00
3.125 sales/week
Demand is present, but monthly absorption remains light relative to available supply.
New listings
New listings
The first signal this week came from supply. That is often the first place balance starts to shift. That is what the market then has to respond to.
I usually start with new inventory because it sets the pace for everything that follows.
1360 McLeod Avenue - $1,199,000
Worth watching early - detached launches often tell you fastest whether buyers are prepared to act or just compare.
Also new this week
- 862 11th Avenue - $939,900
- 41B Mt Trinity Avenue Avenue - $555,000
- 102 34 Rivermount Place - $525,000
- 304-65 Cokato Road - $424,500
- 613D-4559 TIMBERLINE Crescent - $109,900
New sales
New sales
Closed sales still suggested buyers had room to negotiate.
46 Mt Proctor Avenue
Listed at $1,089,000
Sold: $1,140,000
Difference: +$51,000
Clean, well-positioned listings can still move fast and draw competition.
1161 4th Avenue
Listed at $899,900
Sold: $870,000
Difference: -$29,900
Longer exposure still tends to give buyers more room to negotiate.
106 1st Street
Listed at $989,000
Sold: $989,000
Difference: +$0
This one landed right at ask, which usually means the pricing met the market fairly well.
32 Aspen Crescent
Listed at $1,465,000
Sold: $1,440,000
Difference: -$25,000
Buyers are still price-aware and not accepting stretch pricing automatically.
402A 6th Avenue
Listed at $939,900
Sold: $950,000
Difference: +$10,100
Even in a selective market, the right listing can still pull buyers into competition.
101-541 5th Avenue
Listed at $535,000
Sold: $532,000
Difference: -$3,000
Buyers are still price-aware and not accepting stretch pricing automatically.
Finished
Nicely played
0 / 6
homes read correctly
Best finish 0 • Rookie read
One listing cleared quickly while another took the long road. There is participation here, but it is still narrow. That usually means comparison shopping is still shaping decisions. Homes that miss the mark may sit longer than expected. 2 sold over ask while 3 sold under ask. Median sold price was $969,500. Price moves are doing more of the market’s talking right now. That suggests sellers are being forced closer to the market faster. Listings that start too high may need to correct before momentum builds.
Price cuts
Price cuts
The softest part of the week showed up in pricing behaviour. That is where discipline gets tested fastest. That gives a better read on seller pressure than inventory alone.
No fresh price cuts landed this week, but the reduction layer is still active on the board.
- 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: 14 (11 expired, 3 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
This is a balanced market, leaning buyer in how deals are getting done.
Data notes. Data sourced from MLS activity for the week ending Mar 19 2026. Numbers reflect the Fernie market unless otherwise noted.
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The charts that matter
The charts that matter
The charts help show whether this week was noise or part of a broader pattern. That is where the broader balance becomes easier to see. The better read here is about direction, not drama.
Inventory
99.0 current
High 136 · Low 39.0
99 homes on market
Supply is running below last year, which keeps fresh, well-priced listings more competitive.
Sales pace
3.13 / week
High 5.38 · Low 1.00
3.125 sales/week
Demand is present, but monthly absorption remains light relative to available supply.
New listings
New listings
The first signal this week came from supply. That is often the first place balance starts to shift. That is what the market then has to respond to.
I usually start with new inventory because it sets the pace for everything that follows.
1360 McLeod Avenue - $1,199,000
Worth watching early - detached launches often tell you fastest whether buyers are prepared to act or just compare.
Also new this week
- 862 11th Avenue - $939,900
- 41B Mt Trinity Avenue Avenue - $555,000
- 102 34 Rivermount Place - $525,000
- 304-65 Cokato Road - $424,500
- 613D-4559 TIMBERLINE Crescent - $109,900
New sales
New sales
Closed sales still suggested buyers had room to negotiate.
46 Mt Proctor Avenue
Listed at $1,089,000
Sold: $1,140,000
Difference: +$51,000
Clean, well-positioned listings can still move fast and draw competition.
1161 4th Avenue
Listed at $899,900
Sold: $870,000
Difference: -$29,900
Longer exposure still tends to give buyers more room to negotiate.
106 1st Street
Listed at $989,000
Sold: $989,000
Difference: +$0
This one landed right at ask, which usually means the pricing met the market fairly well.
32 Aspen Crescent
Listed at $1,465,000
Sold: $1,440,000
Difference: -$25,000
Buyers are still price-aware and not accepting stretch pricing automatically.
402A 6th Avenue
Listed at $939,900
Sold: $950,000
Difference: +$10,100
Even in a selective market, the right listing can still pull buyers into competition.
101-541 5th Avenue
Listed at $535,000
Sold: $532,000
Difference: -$3,000
Buyers are still price-aware and not accepting stretch pricing automatically.
Finished
Nicely played
0 / 6
homes read correctly
Best finish 0 • Rookie read
One listing cleared quickly while another took the long road. There is participation here, but it is still narrow. That usually means comparison shopping is still shaping decisions. Homes that miss the mark may sit longer than expected. 2 sold over ask while 3 sold under ask. Median sold price was $969,500. Price moves are doing more of the market’s talking right now. That suggests sellers are being forced closer to the market faster. Listings that start too high may need to correct before momentum builds.
Price cuts
Price cuts
The softest part of the week showed up in pricing behaviour. That is where discipline gets tested fastest. That gives a better read on seller pressure than inventory alone.
No fresh price cuts landed this week, but the reduction layer is still active on the board.
- 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: 14 (11 expired, 3 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
This is a balanced market, leaning buyer in how deals are getting done.
Data notes. Data sourced from MLS activity for the week ending Mar 19 2026. Numbers reflect the Fernie market unless otherwise noted.
Stay in the loop
Want the next issue sent by text?
Get one clean update when a new Fernie Insider issue lands. No clutter - just the weekly market read.