The Fernie real estate market is reflecting broader trends seen across British Columbia’s resort communities: steady prices, increasing demand from new buyers, and a subtle shift in inventory levels.
According to data from the Kootenay Association of REALTORS®, the months of inventory for single detached homes in the region fell to 5.9 months at the end of Q2 2025, slightly lower than the 6.3 months recorded at the same time last year. This indicates a modest tightening of the market, even as the overall pace of sales remains healthy.
Despite lower inventory, homes in the region are taking longer to sell on average. The median days on market for sold single-detached homes in Q2 2025 rose to 39 days, up from 33 days in Q2 2024. This suggests that while buyers remain active, they are taking a more considered approach, reflecting a market where price growth has stabilized.
Provincially, BC’s resort municipalities—including Fernie, Whistler, and others—are seeing increased demand for recreational properties driven by families, young couples, and investors. Many buyers are drawn by Fernie’s exceptional outdoor lifestyle, reliable connectivity, and strong sense of community.
While average sale prices are expected to remain stable through the end of 2025, the overall number of sales is forecast to increase by around 20%, as more buyers enter the market. This growth is driven in part by demand for vacation homes that can also generate rental income—an attractive option given Fernie’s strong tourism economy and four-season recreational appeal.
Realtor Perspective
“Fernie continues to see healthy demand from buyers looking for both primary residences and recreational properties,” says Alan Young of Sothebys. “People are drawn here for the skiing, biking, and mountain lifestyle, but they also want the flexibility of good internet and community amenities. While prices have leveled out, the market is still very active, with quality listings attracting strong interest.”
Key Trends for Fernie Real Estate in 2025
• Stable prices: Forecast to hold steady even as competition increases.
• Growing sales volume: Expected to rise about 20% as new buyers enter the market.
• Lifestyle-driven demand: Buyers prioritize proximity to outdoor activities, reliable Wi-Fi, and a welcoming community.
• Balanced market: Lower inventory levels but longer time on market suggest considered buying decisions and stable conditions.
As Fernie heads into the second half of 2025, both buyers and sellers can expect a competitive but sustainable market, with strong interest in the community’s outdoor-focused, high-quality lifestyle.
