COMMUNITY STATISTICS
SILVERADO
MARKET STATISTICS
DECEMBER 2024 SALES
(Updated monthly)
| Address | Sold Price | List Price | Difference | Type | Size (Sq. Ft.) | Beds | Baths | Garage | Year | DOM |
|---|---|---|---|---|---|---|---|---|---|---|
| 199 Silver Spruce Grove SW | $790,000 | $799,900 | -$9,900 | Detached | 1,914 | 4 | 3 | Yes | 2024 | 29 |
| 32 Silverado Saddle Court SW | $660,000 | $684,900 | -$24,900 | Detached | 1,934 | 3 | 2 | Yes | 2009 | 55 |
| 14 Silverado Saddle Heights SW | $610,000 | $624,900 | -$14,900 | Detached | 1,484 | 3 | 2 | Yes | 2009 | 28 |
| 224 Silverado Range Heights SW | $585,000 | $599,900 | -$14,900 | Duplex | 1,854 | 3 | 2 | Yes | 2006 | 22 |
| 42 Silverado Plains Manor SW | $585,000 | $584,900 | +$100 | Detached | 1,468 | 3 | 2 | Yes | 2010 | 22 |
| 179 Silverado Drive SW | $584,000 | $579,900 | +$4,100 | Detached | 1,522 | 3 | 2 | Yes | 2006 | 9 |
| 161 Silverado Range View | $582,000 | $599,900 | -$17,900 | Detached | 1,670 | 3 | 2 | Yes | 2006 | 94 |
| 73 Silverado Drive SW | $550,000 | $550,000 | $0 | Detached | 1,188 | 3 | 3 | Yes | 2012 | 24 |
| 92 Silverton Glen Green SW | $549,900 | $549,900 | $0 | Detached | 1,294 | 3 | 2 | Yes | 2024 | 63 |
| 324 Silverado Common SW | $430,500 | $435,000 | -$4,500 | Townhouse | 1,250 | 2 | 2 | Yes | 2012 | 21 |
COMMUNITY POPULARITY SCORE
The Community Popularity Score is a measure of online activity, like listing views in this community.
MARKET TEMPERATURE
(ABSORPTION RATE)
Absorption rate indicates how fast homes. are selling. It’s calculated as homes sold divided by homes currently listed.
Summary of December 2024 Sales
In December 2024, 10 properties were sold in Silverado, reflecting a healthy market with a range of property types and price points. Here’s a quick summary:
- Total Sales Volume: $6,935,400
- Average Sale Price: $693,540
- Median Sale Price: $584,500
- Highest Sale Price: $790,000 (Detached Home, 199 Silver Spruce Grove SW)
- Lowest Sale Price: $430,500 (Townhouse, 324 Silverado Common SW)
List Price vs. Sold Price
Silverado homes sold for an average of 98.4% of their list price, showing strong demand for well-priced properties.
Key Observations:
- Detached Homes:
- The highest-priced detached home sold was 199 Silver Spruce Grove SW for $790,000, slightly below the list price of $799,900.
- 32 Silverado Saddle Court SW sold for $660,000, $24,900 below the list price, showing variability depending on property features and demand.
- Duplex (Side-by-Side):
- 224 Silverado Range Heights SW, a duplex, sold for $585,000, $14,900 below its list price of $599,900.
- Townhomes:
- The most affordable property was 324 Silverado Common SW, a 3-storey townhouse, selling for $430,500, $4,500 below its list price of $435,000.
Detailed Breakdown of Sales
Market Trends by Property Type
- Detached Homes:
- 8 of the 10 properties sold were detached homes.
- Detached homes sold for an average of $610,250, with most selling close to their list price.
- Duplex:
- Only one duplex sold in December, highlighting limited inventory but steady demand in this category.
- Townhomes:
- Townhomes remain an affordable option for buyers, with the lowest-priced sale at $430,500.
Thinking of Selling in Silverado?
Silverado continues to be a desirable community for families and professionals alike. If you’re considering selling, now is a great time! Contact us for a FREE home evaluation and expert advice on maximizing your property’s value—all while saving thousands in commission with our low-cost, full-service approach.
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