A Mix of Home Types
Character houses, condos and townhomes all trade here, so the overall numbers blend several markets. A busy month for condos can pull the average down even when house values are steady.
Current Fernwood Market Data
Fernwood Housing Market Report
Track current Fernwood housing market conditions in Victoria, including asking-price ranges, price per square foot, days on market and active inventory for this historic, arts-minded neighbourhood east of downtown. The figures below are generated from current MLS® data and update as properties are listed, sold or repriced.
Fernwood market caution: This report combines character houses, low-rise condos from just under $400,000 and a few townhomes in one neighbourhood, and much of the housing is a century old. The overall average can swing with the mix and with the condition of what is listed, so read these figures as a snapshot of the active market rather than a valuation of any one home.
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How to Read the Numbers
Understanding Fernwood Market Data
Fernwood is a historic, mixed neighbourhood, and the statistics are most useful once you know what is driving them.
Mostly Century-Old Homes
Most houses were built in the early 1900s, so condition and renovation quality vary widely and affect price more than size alone.
Suites Are Common
Many houses include a suite, which affects both value and how a home is priced. Confirm that any suite is legal before relying on the income.
Active Listings, Not Sold Prices
These statistics describe current asking prices and days on market, not sold values. Valuing a specific home takes recent comparable sales and adjustments for that property.