Silverdale, Mission - July 2026 Real Estate Report

Silverdale, Mission: Your Home Is Worth More Than the City Thinks

The Headline

If you live in Silverdale and you haven't checked your HonestDoor Price lately, you're probably sitting on more equity than you realize. The city's assessment says one thing. The real market says something else entirely - and the gap is significant.

The Vibe - What's Actually Happening in Silverdale Right Now

Let's be straight with you. The market here is taking a breather. Neighbourhood growth dipped 0.02% year over year, and the HonestDoor Price slipped 0.25% from the previous period. That's not a crash - that's a speed bump. Here's the bigger picture for us in Silverdale:

• Average HonestDoor Price: $1,515,504
• Average assessed value: $1,390,270
• That's a $125,234 gap in your favour
• 448 properties assessed this year across the neighbourhood
• Only 3 transactions recorded in 2026 so far - inventory is tight

On the houses side specifically, the predicted market value sits at $1,519,339 - nudging upward from the 3-month moving average of $1,518,422. Values have moved 0.90% recently. That's not explosive growth, but it's positive momentum in a market that's been cautious. Recent sales averaged $679,500 with a price per square foot around $536, though only 2 houses changed hands last month. Low volume means each sale carries more weight - one strong deal moves the needle for everyone on your street.

On the rental side, we're looking at solid numbers. Estimated rent hits $5,435 per month with a rental yield of 4.37%. That's a moderate but respectable return. If you're thinking short-term rental, the Airbnb estimate comes in around $270 per night, ranking Silverdale 4th in Mission for Airbnb potential. Not bad at all.

The Neighbourhood Leaderboard

Here's something worth knowing. When it comes to growth rate, Silverdale houses rank 2 out of 12 comparable neighbourhoods in Mission. Second place. That means we're outpacing most of the city right now, even while the broader market cools. On price, we rank 7 out of 8 - which sounds low, but flip that around. It means Silverdale is one of the more accessible entry points in Mission for a house at this quality level.

How do we stack up against the neighbours?

• Keystone: HonestDoor Price $1,702,395, Rental $6,001 - pricier than us, growth data not available
• Cedar Valley: HonestDoor Price $1,223,446, Rental $4,753, Growth -0.01% - cheaper, but growing slightly slower
• Fraser Corridor: HonestDoor Price $1,188,552, Rental $4,659 - most affordable nearby, growth data not available

Silverdale sits in a sweet spot. More affordable than Keystone, stronger growth than Cedar Valley, and better rental income potential than both Cedar Valley and Fraser Corridor.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Your city assessment is a snapshot from months ago. It doesn't know what sold on your street last week. It doesn't account for your renovated kitchen or the fact that buyers are actively searching in Silverdale right now.

The HonestDoor Price is updated in real time using actual market data. In Silverdale, that difference is $125,234. That's not a rounding error - that's a new car, a down payment on a rental property, or a year of retirement contributions that your tax bill is quietly ignoring.

The assessed value rank for Silverdale sits at 5th in Mission. The HonestDoor Price tells a more current, more accurate story. Check yours at HonestDoor before your next financial decision - refinancing, selling, or even just knowing where you stand.

The So What - Should You Sell This Summer?

Here's the honest answer. Silverdale is not a seller's feeding frenzy right now. Three transactions in 2026 tells you the pool of active buyers is selective. But selective doesn't mean absent - it means the buyers who are moving are serious.

If you're thinking about listing this summer, a few things are working in your favour:

• Your HonestDoor Price of $1,515,504 is 9.01% above what the city assessed you at - price with confidence
• Growth rank of 2 out of 12 in Mission gives buyers a reason to choose Silverdale over cheaper alternatives
• Low inventory means less competition on the street - fewer "For Sale" signs is good news for sellers
• Rental yield of 4.37% makes your home attractive to investor buyers, not just families

The catch? With only 2 houses sold last month, pricing it right matters more than ever. One overpriced listing sits. One well-priced listing moves. Use your HonestDoor Price as your starting point, not the city's number from last year.

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.