Fernie Real Estate Market Outlook | September 2025: Buyer, Seller & Investor Strategies

Fernie’s real estate market just shifted — sales dropped over 50%, but prices and demand remain strong. In this episode, Phil Gadd breaks down what that means for buyers, sellers, and investors in 2025. Discover where the real opportunities lie, what’s driving Fernie’s property market resilience, and how to act strategically in the months ahead.

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Transcript

Phil: 0:00

Has Fernie real estate market just hit a turning point. Sales down over 50% in September, 2025, but prices and demand holding strong. So what does this mean if you're buying, selling, or investing right now? Stick around. I'll break it down and give you the moves you need to win in this market.

0:20

Welcome to the Property Mindset Podcast, the home of the Ferny Real Estate market report. So a short break from our show sponsor exp Luxury at first TrackX Real Estate Group. Imagine a real estate experience where your luxury property isn't just seen but showcased both locally and globally. Exp luxury is about more than transactions. It's about transforming how high end properties reach the market with a blend of unparalleled global exposure, cutting edge marketing strategies, and an elite network of professionals. E exp Luxury ensures your property stands out in the luxury market. Phil Gad and the First Tracks real estate group leverages platform to elevate your listings, ensuring it reaches its full potential. Welcome to the new standard in Luxury real estate.

Phil: 1:14

This is the Fernie Real Estate Market summary for September, 2025. So let's get into it. New listings, September. That's up 5%. new listings year to date is actually down, by. 9%. So we have fewer properties on the market, throughout 2025 this year. adding to the inventory issue that we have here in Fernie, sold listings, in September, 2025 we're down 56%. We only had 11 sold listings last year, so last September we had over 20 sold listings, we're down on listings sold, Year to date. That is at 90 year to date, it's down 5% on last year. The median price in Fernie currently is down 2% to 720,000 basically. so that is the median price of property here in Fernie right now, as of September, 2025. let's have a look at some average prices. so average prices of of September, 2025 up slightly on list price, 1% to 921,709, and the average sale price is up 6%, on, September 885,455. So the year to date prices also slightly up. so list prices are slightly up. As is the current, average sale price. the sale price this year in 2025, is up 3% to 853,000. days on market, is actually down significantly, from last year. It's actually down 45% to 49 days on market. So that kind of shows that properties are selling a lot quicker than they did last year. the sell to list ratio is slightly up. At 97%. So, you know, if you do sell your property on average, you would expect to get 90% of the list price, which is still relatively high this year. Month's supply of inventory. Um, it's down at 30%. at 6.07. So that's down. And it does show that there are less properties on the market this year. the active inventory is down, 22% at, 82. So it does feel like September, we've had a bit of a stall, and, potential reasons for that. Lots going on, south of Canada, down in the US and, inflation's low and job numbers are very high so all could have a significant impact on, the current. State of affairs in September, 2025. let's look back over the last five years in Fernie and still a healthy year on year percentage increase, over the last five years. 10.66%. if you bought a property in 2021 on average, you could expect it to appreciate, every year. By almost 11%, over the last decade, that has dropped a little but still a healthy number, 8.49%. If you bought a property back in 2015, it would've appreciated year on year by an average of 8.5%. The median price in Fernie is also healthy, almost 10%, 9.75 over the last five years. as is the growth of the median price over the last decade, is currently at, year on year increase at 6.68%. All right. Let's bring this home with a strategic outlook for September, 2025. We've looked at the numbers Fernie local dynamics, but what does actually mean if you are buying, selling, or investing right now? Uh, if you're a buyer, 2025 is you a window of opportunity we haven't seen for a while, in my opinion. there seems bit more choice, this time of year do have more negotiating power a chance to get into Fernie at a stronger position than in the last few years and considering the, Market is still, um, compared to other markets such uh, Squamish, uh, Banff, Canmore Fernie is still relatively good value for your money. key. The best opportunities are gonna be those who are pre-approved and don't have a property to sell. You are the ones who can move quickly and, uh, make no mistake. The best homes aren't sitting around forever, Desirable listings are still moving fast. So this is about being prepared and decisive sellers, your playbook's a little different right now. Overpriced listings just aren't moving, and the data proves this. Uh, we saw elevated days on market earlier in 2025, but in September, properties that were priced right at market value still sold in under 50 days, and an average of nearly 90% of the asking price. The market rewards realism. If your home aligns with fair market value and is presented properly, you can still sell quickly and for strong money, Start with an accurate data-driven valuation, and resist the temptation to test the market. Investors long-term in Fernie remains incredibly compelling. Over the last five years, average sale prices have climbed almost 13% over the last decade, closer to 15. pan. That is resilience. NY isn't just about bricks and mortar, it's about a lifestyle destination with limited supply. You can't create more Elk River. You can't recreate the ski hill well, unless you build another one. But that's a podcast for another time. the Constrained Supply currently plus sustained demand Fernie real real estate a strong hedge for the long run. If you are thinking generationally, not just transactionally, the fundamentals here are solid. so to sum it all up here in September, 2025, this is a balance, but opportunity filled market buyers with their financing lined up have leverage. Sellers with realistic pricing can still achieve great results And long-term investors can continue to build on Fernie's proven growth story. Whatever side of the table you're on, the winners will be the ones who act strategically and stay informed. So again, thanks for listening. Really appreciate If this was useful, please subscribe for more data-driven Fernie, market Insight, and share this with anyone you in Fernie who who might be thinking about buying, selling, or investing in Fernie real real estate. Until next time, I'm Phil Gadd. As always, stay focused, stay informed, and keep building that property mindset.