HonestDoor

    Silverstone, Stony Plain - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Stony Plain, Silverstone

    Silverstone, Stony Plain: Your Home Is Worth More Than the City Thinks

    The Vibe Right Now

    If you own a house in Silverstone, here is the honest picture. The average sale price is sitting at $490,000, and homes are listing at $499,900. That gap is small, which tells you the market is not panicking in either direction. Buyers are paying about 98 cents on every listed dollar - so yes, there is a little room to negotiate, but sellers are not getting crushed. One house sold last month and it sat on the market for 41 days. That is not lightning fast, but it is not a fire sale either. This market is taking a breather, not falling apart.

    • Average sale price: $490,000
    • Average list price: $499,900
    • Sale-to-list ratio: 98.02%
    • Average days on market: 41
    • Price per square foot: $315

    How Silverstone Stacks Up Against the Neighbours

    Here is something worth knowing. Silverstone houses are outselling both Sun Meadows ($480,000 average) and Brickyard ($435,000 average). We are sitting at the premium end of this corner of Stony Plain. On the neighbourhood leaderboard, Silverstone ranks 5 out of 31 for price - meaning we are among the most expensive neighbourhoods in the city. That is not a bad place to be if you own here.

    Growth rank is 12 out of 39 comparable neighbourhoods - solidly above average. Not the fastest horse in the race, but well ahead of the pack. Days-on-market rank is 16 out of 23, which is the one number that keeps things honest. Homes here do take a bit longer to sell than in some other pockets of Stony Plain. Price it right and that number improves fast.

    The Secret Sauce: Your HonestDoor Price vs. That Old Assessment

    Here is why this matters right now. The city's assessed value on your property is a snapshot from months ago - sometimes longer. It does not know what happened on your street last week. The HonestDoor Price for Silverstone is currently $542,213, up 0.92% from the previous period. The predicted market value for houses specifically is $537,274. Compare that to the 3-month moving average of $541,679 and you can see values are nudging slightly downward in the short term - which is exactly the kind of real-time signal a static government assessment will never give you.

    Think of the HonestDoor Price as the real-world check. It pulls in actual transaction data, current listing activity, and neighbourhood trends. Your tax assessment is looking in the rearview mirror. The HonestDoor Price is looking out the windshield.

    • HonestDoor Price: $542,213 (up 0.92%)
    • Predicted market value: $537,274
    • 3-month moving average: $541,679
    • Estimated monthly rent: $2,651 - $2,675
    • Rental yield: 5.55%

    So What Does This Mean If You Are Thinking About Selling This Summer?

    The short answer - do not wait too long. The predicted value is ticking slightly below the 3-month average right now. That is not a crisis, but it is a signal. If you have been on the fence, this summer is a reasonable window. Buyers are still active, the sale-to-list ratio is healthy at 98%, and Silverstone commands a price premium over most of Stony Plain.

    The play here is simple. Pull your HonestDoor Price before you call an agent. Walk into that conversation knowing your number, not theirs. With a rental yield of 5.55%, investors are also watching this neighbourhood - which means your buyer pool is wider than you might think. Price it sharp, stage it well, and 41 days on market can easily become 21.

    Bottom line - Silverstone is not the cheapest option in Stony Plain, and that is the whole point. Own that premium. Just make sure the price you put on your sign reflects what the market is actually doing today, not what the city assessed two years ago.

    silverstone | stony plain | august 2026

    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.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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