Kootenays & the Rockies · updated hourly
Where the asking price looks favourable in Fernie.
5 active Fernie listings score at 55 or higher against comparable sales, price-cut history, and market context. The cards below are the top of that field, ranked against the whole of it.
Scored listings
5
Strong value
1
Median asking
$135K
Average score
70.6
Two things are being measured. The score out of 100 says how the asking price holds up against comparable sales. The standing on each card says how rare that score is in that city, counted against every scored listing there rather than the handful shown. Only listings with at least three comparable sales appear at all, because a score with nothing to compare against is not a score. All of it is a starting point for your own diligence, not financial advice.
1 of them reach 75 or higher, which reads as strong value, about 20% of what is scored here.
The median asking price across them is $135,000.
The average score is 70.6. Figures reflect current asking prices on active listings and refresh on the hour.
The top of the board in Fernie
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Other Kootenays & the Rockies cities
Nelson
11 scored · median $949K
Avg score 72.4
Grand Forks
9 scored · median $499K
Avg score 75.3
Trail
7 scored · median $464K
Avg score 71.6
Panorama
6 scored · median $127K
Avg score 66.6
Castlegar
6 scored · median $507K
Avg score 72.5
Cranbrook
6 scored · median $585K
Avg score 68.4
Fairmont Hot Springs
6 scored · median $340K
Avg score 67.5
Nakusp
6 scored · median $698K
Avg score 78.3
Radium Hot Springs
6 scored · median $364K
Avg score 69.2
What paying for a home in Fernie looks like
Fernie households earn a median of $107,000 a year, and owners here carry a median shelter cost of $1,290 a month, about 14% of that income before tax.
13% of Fernie households already spend more than 30% of their income on shelter, which is the line Statistics Canada uses to call housing unaffordable.
Owners hold 72% of Fernie homes and renters the other 28%.
The census valued the average Fernie dwelling at $643,000 in 2021. The median asking price among the listings scored here is $135,000, 79% below that figure. Census values are self-reported and four years old, so read the gap as context rather than a measure of the market today.
Source: Statistics Canada, 2021 Census of Population, census subdivision level.
How a deal earns its place
Scored out of 100 against comparable sales, price history and market context, then ranked against every other scored listing in the same city. Nothing is hand-picked and no listing can pay to appear.
Source: BCRES MLS® via Bridge Interactive. Listing content is provided under MLS® Reciprocity and is deemed reliable but not guaranteed accurate. Scores reflect current asking prices on active listings and refresh on the hour. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of CREA.