Condos moved - the math was simple.
Two condo sales, same signal - buyers will act when the number feels fair and the decision doesn’t require optimism.
What happened
Week ending Feb 20, 2026. This was a “quiet but honest” week - fewer new listings, two condo closings, and one relist popping back up. Buyers weren’t absent. They were selective, and they chose the units where the numbers were easiest to live with.
Sales that explain the market
- 103-1500 McDonald Avenue - $550,000 (listed $550,000) - 22 DOM
- 305-51 Ridgemont Drive - $335,000 (listed $339,000) - 7 DOM
One met the market clean. The other needed a small concession to feel fair. That’s the theme: buyers are willing - but they’re not paying extra to “see what happens”.
New listings worth noting
With five new listings, this was more of a “quality over quantity” week. The listings that earned attention quickly were the ones that didn’t ask buyers to solve problems.
- Condos: the ones that feel rentable or easy to own keep showing best.
- Everything else: if it needs a narrative, it usually needs a better number too.
Next week I’m watching
Condos that actually pencil as rentals. If those keep clearing while detached lags, affordability is choosing for the market.
My take
When buyers can’t justify the delta, they don’t stretch - they wait. Price clarity beats marketing every time.
Written for locals - and for people trying to understand Fernie without the noise.