Silverado, Calgary - July 2026 Real Estate Report

Silverado Real Talk: Your Home Is Probably Worth Less Than the City Thinks

If you have been watching the "For Sale" signs in Silverado and wondering what is actually going on, here is the straight story. The market is moving, but not in a straight line - and the number on your tax assessment is not telling you the full picture.

The Vibe: Houses vs. Condos in Silverado Right Now

Houses - Taking a Breather

We saw 23 houses sell last month, which is actually up 35.3% from the month before - so buyers are showing up. But the average sale price came in at $621,241, down 4.9% from last month. That is a notable dip. Homes are sitting on the market for about 34 days on average, which is faster than nearby Yorkville at 47 days, so Silverado is still moving. The catch? Buyers are paying 98.28% of list price, meaning sellers are giving a little ground to close the deal.

• Average sale price: $621,241 (down 4.9% from last month)
• Average list price: $567,561
• Price per square foot: $372
• Average days on market: 34
• Sale-to-list ratio: 98.28%
• Predicted market value: $655,447
• Rental yield: 5.36%
• Estimated monthly rent: $3,047

The predicted value of $655,447 is creeping up from the 3-month moving average of $650,848, so the longer-term trend is not falling off a cliff. It is just catching its breath. On the neighbourhood leaderboard, Silverado houses rank 154 out of 233 for growth in Calgary - below average, but not at the bottom. Days-on-market rank is a healthier 35 out of 76, which means we are selling faster than most.

Condos - Small Sample, Fast Movers

The condo data here is thin - only 1 sale this month - so take it with a grain of salt. But that one unit sold at exactly list price ($309,900) and was off the market in just 7 days. That is a very fast-selling signal. On the Calgary leaderboard, Silverado condos rank 5 out of 71 for days on market. That is top tier. Growth ranks 51 out of 216 - above average for Calgary condos.

• Average sale price: $309,900
• Price per square foot: $358
• Average days on market: 7
• Sale-to-list ratio: 100%
• Predicted market value: $467,777
• Rental yield: 3.96%
• Estimated monthly rent: $2,275

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now

Here is the thing about your city assessment - it is a snapshot from months ago, built on broad formulas. It does not know what happened on your street last Tuesday. For houses in Silverado, the average assessed value sits at $696,007. The average HonestDoor Price is $652,341. That is a gap of 6.27%. If you are making any financial decision based on the city number, you are working with stale data.

For condos, the story flips. The average assessed value is $397,549, but the average HonestDoor Price is $454,545 - that is 14.34% higher than the city's assessment. Condo owners here may actually be sitting on more equity than they realize.

The HonestDoor Price updates in real time using actual transaction data. It is the real-world check against a number the city set months ago. Before you refinance, list, or even just plan your next move, look at your HonestDoor Price first.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Silverado and are thinking about listing this summer, here is the honest read. Demand is real - sales volume jumped 35% last month and we are selling faster than Yorkville. But prices dipped 4.9% in a single month, and buyers are negotiating. This is not a panic situation, but it is not a "list high and wait" market either.

Price it sharp. Homes priced at or just below the $567,000-$621,000 range are the ones moving. Overpriced listings are sitting. The 98.28% sale-to-list ratio tells you buyers will push back if you stretch.

If you own a condo, the signals are actually pretty good. Fast sales, stable pricing, and a predicted value of $467,777 that is climbing from its 3-month average. The assessed value of $397,549 is well below where the market is actually trading. That is useful information if you are thinking about equity or a sale.

Bottom line - Silverado is not a hot market right now, but it is a functioning one. Know your real number, price with purpose, and you can still get a strong result this summer.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.