Silverstone, Stony Plain - September 2026 Real Estate Report

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 in a stable buyers' market - but that doesn't mean sellers are losing. It means we need to be smart about it.

Houses in Silverstone are averaging a sale price of $490,000, with listings sitting at $499,900. Homes are selling at 98.02% of list price, so buyers are getting a small discount, but nothing dramatic. The bigger story is days on market - properties are taking an average of 41 days to sell. That's not a fire sale pace, but it's not a ghost town either.

• Average sale price (Houses): $490,000
• Average list price: $499,900
• Sale-to-list ratio: 98.02% - buyers paid slightly below ask
• Average days on market: 41 days
• Properties sold recently: 1
• Price per square foot: $315

We're also sitting among the most expensive neighbourhoods in Stony Plain - ranked 6th out of 31 for price. That's a real signal of where Silverstone stands compared to the rest of the city. For context, nearby Sun Meadows sold at $480,000 and Brickyard at $435,000. We're ahead of both.

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

Here's the thing most Silverstone homeowners don't realize. Your city assessment is a snapshot frozen in time. It gets updated once a year, uses broad strokes, and frankly doesn't know what your specific street, lot, or finishes are worth right now.

The HonestDoor Price is different. It's a real-world check - updated continuously using actual transaction data, market trends, and neighbourhood comparisons. Right now, the average HonestDoor Price in Silverstone sits at $521,502. Yes, that's down 3.82% from the previous period, so the market is taking a breather. But the predicted market value for Houses specifically is $542,213 - and that number is trending up from the 3-month moving average of $537,427.

That gap between what the city assessed your home at and what the HonestDoor Price shows? That's money on the table - or money you could be overpaying in taxes. Either way, you want to know the real number.

• Average HonestDoor Price: $521,502 (down 3.82% from last period)
• Predicted market value (Houses): $542,213
• 3-month moving average: $537,427 - values are climbing
• Estimated monthly rent: $2,675
• Rental yield: 5.54% - that's a strong return
• Airbnb income estimate: $133 per month - ranked 8th in Stony Plain for short-term rental potential

The Neighbourhood Leaderboard

Let's be straight about where Silverstone ranks. On the growth leaderboard, we're sitting at 24th out of 36 neighbourhoods in Stony Plain. That puts us in the below-average tier for appreciation right now. The market isn't sprinting here - it's jogging.

Days on market ranks 15th out of 24, which means homes here sell slower than more than half of comparable Stony Plain neighbourhoods. But price rank? 6th out of 31. We're expensive relative to the market, and that premium has held.

The nearby comparison tells the same story. Sun Meadows homes are priced at $389,069 on the HonestDoor scale. Brickyard sits at $478,505. Cove Properties is way back at $224,100. Silverstone is the top of that local pack - and buyers know it.

The "So What?" - Should You Sell This Summer?

If you're thinking about listing this summer, here's the honest take. You're not in a hot seller's market, but you're not in trouble either. Buyers are active - they're just negotiating. Expect to land around 98% of your list price, and plan for your home to sit for about 5 to 6 weeks before it moves.

The key is pricing it right from day one. With a predicted value of $542,213 and a current average list price of $499,900, there's a real argument that well-finished homes in Silverstone have room to list higher - if the condition supports it. Price too high and you'll sit. Price it sharp and you'll sell.

The rental numbers also matter if you're on the fence. A 5.54% rental yield and an estimated $2,675 per month in rent means holding the property isn't a bad play either. That's a legitimate return in today's rate environment.

Bottom line - check your HonestDoor Price before you do anything. It's the most current read on what your home is actually worth, not what a government spreadsheet decided 12 months ago. In a market like this, knowing your real number is the whole game.

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.