Sales outpaced new listings this week.
Buyers still had room to push back.
Market balance
Balanced - slight buyer edge.
(4wk avg) 0 Inventory isn’t clearing quickly.
Expect choice, but be ready to act on clean listings.
Pricing and presentation are still deciding outcomes.
Market read
The week, in plain English
This was not a slow week. 3 new listings arrived while 6 sales closed. Sales are keeping up well with incoming inventory. 0 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. Sellers are negotiating in real time.
What I’m watching next
Whether extra supply leads to action or just more comparison.
If absorption stays this firm, the better-positioned listings may not wait around for second looks. If it slips, that firmer tone probably fades quickly once more supply shows up.
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 usually where short-term noise stops looking like a real shift. That gives a cleaner read on whether the market is tightening, softening, or just pausing.
Inventory
98.0 current
High 136 · Low 39.0
98 homes on market
Supply is running below last year, which keeps fresh, well-priced listings more competitive.
Sales pace
2.38 / week
High 5.38 · Low 1.00
2.375 sales/week
Demand is present, but monthly absorption remains light relative to available supply.
New listings
New listings
If you want the tone of the week, start with what hit the board. That matters because this is still a market that filters hard. That sets up the rest of the week.
The first real signal this week came from supply. That is where buyers decide whether to act or wait.
The easiest place to start this week is with new inventory.
A-8 Creek Place - $735,500
Worth watching early - detached launches often tell you fastest whether buyers are prepared to act or just compare.
Detached launches like this tend to tell you quickly whether buyers are ready to move - or still comparing.
Also new this week
- 3982 McGiverin Road - $2,750,000
- 305-51 Ridgemont Drive - $339,000
New sales
New sales
Closed sales still suggested buyers had room to negotiate.
B-Lot 54 COKATO Road
Listed at $599,000
Sold: $550,000
Difference: -$49,000
Longer exposure still tends to give buyers more room to negotiate.
2087 3 Highway
Listed at $1,200,000
Sold: $1,200,000
Difference: +$0
This one landed right at ask, which usually means the pricing met the market fairly well.
1230-1232-1200 Riverside Way
Listed at $560,000
Sold: $525,000
Difference: -$35,000
Longer exposure still tends to give buyers more room to negotiate.
42-9773 Stephenson Road
Listed at $368,000
Sold: $350,476.19
Difference: -$17,523.81
Buyers are still price-aware and not accepting stretch pricing automatically.
103-1500 McDonald Avenue
Listed at $550,000
Sold: $550,000
Difference: +$0
This one landed right at ask, which usually means the pricing met the market fairly well.
4 HUCKLEBERRY Place
Listed at $355,000
Sold: $355,000
Difference: +$0
This one landed right at ask, which usually means the pricing met the market fairly well.
Finished
Nicely played
0 / 6
homes read correctly
Best finish 0 • Rookie read
One listing cleared quickly while another took the long road. Demand is showing up, but not in a way that clears everything. That still feels like buyers are screening hard before they move. The better-aligned listings should still separate first. 0 sold over ask while 3 sold under ask. Median sold price was $537,500. Sellers are negotiating in real time. That suggests sellers are being forced closer to the market faster. Sellers who align early may avoid longer periods of drift.
Price cuts
Price cuts
If the market pushed back anywhere, it was here. That is where sellers start reacting to the market they have, not the one they wanted. That makes this section useful well beyond the raw count.
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: 3 (3 expired, 0 cancelled)
- 4-week average: 1.5 cuts/week
- 12-week average: 0.8 cuts/week
Largest active cuts to watch Pressure on the board Active cuts to watch
Closing insight
Closing insight
Demand is keeping up with supply. This is leaning seller.
Data notes. Data sourced from MLS activity for the week ending Feb 13 2026. Numbers reflect the Fernie market unless otherwise noted.
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