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      Silverstone, Stony Plain - October 2026 Real Estate Report

      2026-10-16 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've been watching the "For Sale" signs in Silverstone lately, here's what's actually happening. We're sitting in a stable buyers' market - but that doesn't mean sellers are losing. The average sale price for houses is holding at $490,000, and homes are selling for 98.02% of list price. That's not a fire sale. That's a negotiation.

      Listings are currently asking $499,900 on average, and buyers are landing just under that. So if you price it right, you're not leaving much on the table. The catch? Homes are sitting for an average of 41 days before selling, and only 1 house sold recently. This market moves slowly - so patience is part of the strategy for us here.

      • Average sale price (Houses): $490,000
      • Average list price right now: $499,900
      • Price per square foot: $315
      • Sale-to-list ratio: 98.02% - buyers are paying close to ask, but not over
      • Average days on market: 41 days
      • Properties sold recently: 1

      We don't have condo data to break down separately this time, so this read is focused on houses - which is where most of the action in Silverstone happens anyway.

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

      Here's the thing your tax assessment won't tell you. The city's number is a snapshot from months ago - sometimes longer. It doesn't know what happened on your street last Tuesday.

      The average HonestDoor Price in Silverstone right now is $539,974. That's a 3.54% increase from the previous period. It's a live, real-world check on what your home is actually worth today - not what a government formula decided it was worth last year.

      Compare that to the predicted market value for houses at $521,502. That number is actually trending down slightly from the 3-month moving average of $533,663, and property values have shifted by -3.82% recently. So the market is taking a breather on the valuation side. But the HonestDoor Price is still tracking above the average sale price of $490,000 - which tells you there's still equity in the room.

      • HonestDoor Price: $539,974 (up 3.54%)
      • Predicted market value: $521,502
      • 3-month moving average: $533,663 (trending down slightly)
      • Recent value change: -3.82%
      • Average sale price: $490,000

      Bottom line - if you're only looking at your assessment notice, you're flying blind. The HonestDoor Price gives you the number that actually matters when you're deciding whether to sell, refinance, or just figure out where you stand.

      The Neighborhood Leaderboard

      Want to know where Silverstone ranks against the rest of Stony Plain? Here's the honest scorecard.

      • Price rank: 6 out of 31 neighborhoods - we're among the most expensive in Stony Plain. That's a good place to be.
      • Growth rank: 23 out of 37 - below average right now. The market here isn't leading the pack on appreciation.
      • Days-on-market rank: 15 out of 22 - homes here take longer to sell than most. Pricing strategy matters.
      • Airbnb rank in Stony Plain: 6 - strong short-term rental potential compared to other neighborhoods.
      • Total transaction rank: 11 out of Stony Plain neighborhoods - moderate activity level.

      We're expensive and we know it. But the growth engine isn't firing at full speed right now. That's the honest read.

      For context, Silverstone houses are selling above nearby Brickyard ($435,000) and Sun Meadows ($480,000). So even in a slower stretch, we're holding our premium.

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

      Here's the straight talk for anyone considering listing in Silverstone this summer.

      The good news - you're in one of the pricier pockets of Stony Plain, and buyers are still paying close to list price. Your rental estimate sits at $2,666 per month, with a yield of 5.58%. That's a number that attracts investor buyers, not just families. More buyer types means more competition for your listing.

      The honest caution - values have dipped 3.82% recently, and the predicted value is sliding below its 3-month average. If you're waiting for prices to climb back up before listing, you might be waiting a while. The market isn't crashing, but it's not sprinting either.

      The move right now is to check your HonestDoor Price, price your home at $499,900 or just under, and be ready for a 41-day timeline. Buyers here are informed and they're negotiating. Come in sharp and you'll close. Come in greedy and you'll sit.

      • Rental estimate: $2,666 per month - strong investor appeal
      • Rental yield: 5.58% - above average returns
      • Airbnb potential: $132 per night (ranked 6th in Stony Plain)
      • Transactions in 2026 so far: 3 - low volume, so your listing will get attention

      Low inventory actually works in your favor here. With only 3 transactions in Silverstone so far in 2026, a well-priced listing stands out. You won't get lost in a crowd. Price it right, know your HonestDoor number, and this summer could work out just fine.

      silverstone | stony plain | october 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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