The Property Mindset: Fernie Real Estate, Market Insights & Investment Strategies

Send us Fan Mail Buying a condo in Fernie, BC? Before removing conditions, review the strata documents, building finances, maintenance plans and insurance, then confirm your parking, storage and intended use. A low strata fee does not automatically mean lower ownership costs. In this episode of The Property Mindset Podcast , I explain what to check before buying a Fernie condo and how to spot conc...

Send us Fan Mail Did Fernie home prices really fall 23% in August 2026? The average sale price in Fernie fell sharply in August 2026, but that does not mean every Fernie property suddenly lost 23% of its value. There were 19 completed sales during August at an average sale price of $768,079 , down 23.08% from $998,523 in August 2025. However, Fernie is a relatively small market, so changes in the...

Send us Fan Mail What is the average price of a home in Fernie, BC? There is no single number that accurately represents every Fernie property. As of August 14, 2026, Realtor.ca showed a broad market price indicator of $669,200 for Fernie residential real estate. That figure was approximately 0.1% lower than one year earlier, making the overall year-over-year trend essentially flat. The City of Fe...

Send us Fan Mail What happened in the Fernie real estate market in May 2026? Fernie’s residential real estate market moved quickly in May. Thirty-seven new listings entered the market, representing an increase of approximately 61% from May 2025 and exceeding the five-year May average of 31. Despite this increase in new supply, homes sold in an average of only 19.6 days. That was approximately 69%...

Send us Fan Mail What happened in the Fernie real estate market in April 2026? Fernie’s residential real estate market accelerated sharply in April 2026. Sales activity increased by nearly 73% compared with April 2025, while the number of active listings declined by approximately 31%. Twenty-one new listings entered the market, but stronger buyer demand continued to reduce available inventory. Fer...

Send us Fan Mail What can different budgets buy in Fernie, BC? Fernie isn’t an inexpensive housing market, but its real estate options are more varied than many prospective buyers realize. Depending on budget, buyers may find everything from entry-level condos and renovation projects to detached family homes, custom residences, acreage and luxury properties. In this episode of the Property Mindset...

Send us Fan Mail February was another quiet month for Fernie real estate, but is the market weaker than it looks—or simply waiting for spring? In this episode of the Property Mindset Podcast, Phil Gadd breaks down the February 2026 market numbers and explains what they actually mean for Fernie buyers and sellers. Only nine properties sold during the month, while the median sale price fell to $570,...

Send us Fan Mail What happened in the Fernie real estate market in January 2026? Fernie’s real estate market began 2026 slowly. Seventeen properties were listed and only four sales were completed during January. With so few transactions, the properties that happened to sell had an unusually large effect on the reported average and median prices. The median sale price was $460,000, while the averag...

Send a text Fernie’s real estate market doesn’t feel broken. Prices are holding, demand is steady, and inventory feels tight — so why are economists warning that this is exactly how affordability problems begin? In this episode of The Property Mindset Podcast , Phil Gadd is joined by BC’s Chief Economist, Brendon Ogmundson, to unpack what’s really happening beneath the surface in supply-constraine...

Send a text In this episode of The Property Mindset Podcast , Phil Gadd breaks down the December 2025 Fernie real estate market and what the full year revealed. 2025 wasn’t a boom year — but it was a telling one. Inventory remained tight, homes sold faster, and prices held steady through year-end, showing real underlying demand in the Fernie housing market. December’s numbers help explain where bu...

Send a text In this episode of The Property Mindset Podcast , Phil Gadd breaks down the November 2025 Fernie real estate market. Listings are down, sales are up, and inventory is tightening as winter approaches. With prices holding steady and a new Bank of Canada rate cut boosting buyer confidence, this episode explores what these shifts mean for anyone planning to buy, sell, or invest in Fernie h...

Send a text Is the Fernie dream actually worth the price tag in 2026? On paper, relocating to Fernie, BC looks like a financial trap. The median home price has hit $952,050 , the price-to-income ratio is a staggering 7.7 , and vacancy rates are near zero. But spreadsheets don't tell the whole story. In this episode, Phil Gadd strips away the marketing fluff to break down the "Fernie Para...

Send a text The snow is back on the peaks and Fernie’s real estate market is heating up again.  In this month’s Fernie Real Estate Market Report , Phil Gadd breaks down October 2025: listings down 22%, sales up 36%, and inventory tightening as winter approaches. Discover what these numbers really mean for buyers, sellers, and investors—and how the Bank of Canada’s latest 2.25% rate cut could shape...

Send a text Senior VP of eXp Realty Holly Mabery joins The Property Mindset Podcast for an empowering conversation on leadership, mentorship, and confidence. Recorded live at eXpCon Miami by Milly Gadd , this episode explores how women in real estate can build successful, resilient careers and inspire the next generation. Perfect for agents, investors, and anyone striving to grow in the business....

Send a text Thinking about selling your Fernie home or curious what your property is really worth?  In this episode of The Property Mindset Podcast , Phil Gadd explains how the eXp Luxury platform gives your Fernie property global exposure — and why starting with a Comparative Market Analysis (CMA) is the smartest move before listing or buying. Learn how eXp Luxury elevates your marketing with 90,...

Send a text 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. 👉 Schedule a consultation with Phil tod...

Send a text Thinking about selling your Fernie home? 2026 may be your best window yet. In this episode, Phil Gadd of First Tracks Real Estate Group breaks down why next year’s market could deliver top-dollar results — from BCREA’s bullish forecasts to Fernie’s tightening inventory and surging buyer demand. A must-listen for homeowners looking to maximize equity and time their move perfectly. 👉 Sc...

Send a text The Bank of Canada just cut its key rate for the first time since March—📉 but what does it really mean for Fernie real estate? Join Phil Gadd as he unpacks how this decision affects mortgages, buyer confidence, and local housing trends. Plus, stay tuned for exciting news about his new Koocanusa Village lake house project! 👉 Schedule a consultation with Phil today 🔔 Don’t forget to s...

Send a text In this episode of The Property Mindset Podcast , Phil Gadd breaks down Fernie’s July 2025 real estate trends — where sold listings have surged, average prices climbed, and inventory is tightening across the valley. Discover what this shift means if you’re buying, selling, or investing in Fernie, BC. Get clear insights into pricing trends, buyer momentum, and how Fernie stacks up again...

Send a text May 2025 reveals a tale of two markets—sales are down, prices are cooling, but properties are moving faster .  📊 New listings dropped 24%  💰 Sale prices fell 2%  ⏱️ Days on market down by 53%  🛑 MSI sits at 7.3, solidifying a strong buyer’s market Tune in for this month’s insights into Fernie's evolving market and what it means for your next move—plus the long-term trends still...

Send a text In this episode, we dive into the April 2025 Fernie real estate numbers—where tariffs, election tension, and shifting buyer confidence are showing up in the data.  📉 Listings and sale prices are down.  📈 Days on market are up.  But there's more beneath the surface.  Whether you're buying, selling, or watching from the sidelines, this episode breaks down the trends and oppor...

Send a text Explore the Fernie real estate landscape with Phil Gadd in the March 2025 episode of The Property Mindset Podcast: New Listings Surge: A 28% jump to 78 year-to-date listings – what's driving the increase? Sales Performance: Identical to last year with 17 homes sold in March – stability or stagnation? Median Price Adjustments: A slight decrease to $670,000, down 4% – signs of marke...

Send a text In this episode of The Property Mindset Podcast , I’m getting personal—sharing how goal setting, persistence, and strategic action led us to achieving ICON Agent status at eXp Realty in 2024. But this episode isn’t just about awards and stock. It’s about the power of clear goals and how setting intentional, structured plans can transform both your business and life . 🔹 The journey fro...

Send a text Losing out on your dream home in a bidding war? You’re not alone. In today’s Fernie real estate market , multiple offers are common, and unprepared buyers often miss out. But with the right strategy, you can secure your dream home—without overpaying! In this episode of The Property Mindset Podcast , I’m sharing proven bidding war strategies that have helped my clients win even in the m...

Send a text Dive into the Fernie real estate market with our comprehensive February 2025 update in this episode of The Property Mindset Podcast. This month, we’ve witnessed a significant 21% increase in new listings and a notable change in sales dynamics, with prices showing unexpected movements. We explore what these developments mean for both buyers and sellers as inventory changes shape the mar...