📊 Overall Market Highlights

• Total Sales: 49
  (⬆️ 36.1% year-over-year)

• New Listings: 75
  (⬆️ 74.4% year-over-year)

• Sales-to-New-Listings Ratio: 65.33%
  ➤ Reflects a balanced-to-seller-leaning market

• Average Inventory: 26 (⬆️ 113.5%)

• Months of Supply: 1.61 (⬆️ 56.87%)

• Average Days on Market: 35 (⬆️ 55.5%)

• Benchmark Price (All Residential): $578,267 (⬆️ 4.32% YoY)

Silverado saw both sales and inventory climb in Q1, with more sellers entering the market and demand remaining healthy. Though market pace has slightly softened (higher DOM and months of supply), prices remain firm or rising.

🏘️ Market Trends

🏠 Detached Homes

• Benchmark Price: $647,567 (⬆️ 4.9% YoY)

• Median Price: $634,000

• Average Price: $716,704 (⬆️ 2.68%)

• DOM: 35 days

• Sales: 25

• Months of Supply: 1.96

💡 Detached homes dominate Silverado’s housing mix, making up ~60% of sales. Inventory growth has given buyers more choice, but prices continue to climb steadily, indicating sustained demand for family-friendly properties.

🏘️ Semi-Detached Homes

• Benchmark Price: $633,467

• Average Price: $628,898

• Benchmark Change YoY: -13.83%

• Sales Share: ~5%

💡 Smallest share of the market, and saw the biggest dip in price performance. This could reflect fewer sales or downward pressure in pricing due to older inventory or smaller lot sizes.

🏘️ Row Homes (Townhouses)

• Benchmark Price: $468,200 (⬆️ 4.11%)

• Median Price: $495,000

• Average Price: $503,213

💡 Townhomes are gaining popularity, particularly among first-time buyers and downsizers. Prices are up and holding steady as affordability continues to drive demand.

🏢 Apartments

• Benchmark Price: $357,133 (⬆️ 3.34%)

• Average Price: $350,875

• Median Price: $351,500

💡 Although apartments represent a smaller portion (9%) of Silverado’s sales, pricing is stable to slightly rising, showing resilience in the entry-level housing market.

🔢 Sales by Price Range (All Types)

Most sales occurred in:

• $400,000 – $599,999 (majority of detached & row homes)

• Lower activity in $700K+ range, though a few luxury homes transacted

• Apartments largely under $400,000

🧑‍🤝‍🧑 Calgary Silverado Community News & Activities 

🏫 Education & Youth Engagement

• Ron Southern School (K–6) launched its Eco-Explorers program, integrating nature walks with science classes, thanks to Silverado’s access to wetlands and pathways.

• Holy Child School (K–9) hosted its annual “Winter STEM Fair” in February, drawing families and sparking cross-grade collaboration.

• Both schools are piloting lunchtime leadership councils, fostering early civic involvement.

🎉 Community Events & Life

• The Silverado Community Association (SCA) hosted a Neighbourhood Ice Festival in January, including an outdoor skating party and hot cocoa social.

• Spring Market Prep began in March with local vendors registering for the annual “Spring Into Silverado” Market (scheduled May 2025).

• New signage and playground updates were completed in early Q1 near Silverado Saddle Avenue SW, improving curb appeal and family-friendly spaces.

🔮 Q2 2025 Outlook

• Detached market will stay strong as families look to move ahead of the school year.

• Row and apartment segments likely to stay competitive due to affordability pressures and increased interest from younger buyers.

• Inventory build-up will create more choice, potentially leading to price stabilization in higher-end segments.

Silverado remains a strong value play in the SW quadrant — combining modern homes, school access, greenspace, and proximity to shopping and transit (Somerset-Bridlewood LRT).

Market Trends: The Silverado real estate market has shown strong growth in January 2025, with rising property values and increased market activity:

• Total Residential Benchmark Price: $572,900 (+5.6% YoY)​.

• Detached Homes: Benchmark price $639,700 (+6% YoY), with 9 sales recorded.

• Semi-Detached Homes: Benchmark price $626,000 (+6% YoY), 3 sales recorded.

• Row Homes (Townhouses): Benchmark price $473,900 (+8% YoY), with 5 sales.

• Apartments (Condos): Benchmark price $353,400 (+5.6% YoY), with 1 sale recorded.

• Inventory Levels: 1.06 months of supply, indicating a strong sellers’ market.

2025 Real Estate Outlook for Silverado

The Silverado market is expected to continue appreciating due to low supply, strong demand, and rising property values:

1. Detached home prices could surpass $650,000 by mid-2025, as demand remains high.

2. Row homes and apartments will continue growing, with apartments seeing steady rental demand.

3. Low inventory (1.06 months of supply) will keep Silverado a seller’s market.

4. Interest rates and economic growth will influence market trends, but Silverado remains a sought-after community.

Investment Opportunities & Market Comparison –

Best Investment Opportunities in Silverado

1. Detached Homes – Benchmark price $639,700 (+6.0% YoY), steady appreciation makes it an attractive long-term investment​.

2. Row Homes (Townhouses) – Benchmark price $473,900 (+8.0% YoY), affordable entry point with strong demand​.

3. Apartments (Condos) – Benchmark price $353,400 (+5.6% YoY), with stable rental demand and moderate price appreciation​.

4. Limited Inventory (1.06 months of supply) suggests Silverado will remain a sellers' market with rising property values​.

Comparison with Nearby Communities

Key Takeaways for Investors

1. Silverado offers the strongest growth potential, especially in detached and row home segments.

2. Belmont and Pine Creek are more affordable options, ideal for first-time investors.

3. Yorkville provides a balance of affordability and appreciation, making it a stable choice.

4. Low supply across all communities means prices will likely continue to rise in 2025.

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The Silverado real estate market in December 2024 remained strong despite seasonal slowdowns, with continued price appreciation and high demand across all property types. Silverado has maintained its seller’s market conditions, driven by low inventory and steady buyer interest.

• Sales: Increased by 92% year-over-year

• New Listings: Rose by 83% year-over-year

• Benchmark Price: $589,400 (up 6.8% YoY)

• Months of Supply: 1.65 months (indicating strong demand)

Even with winter slowing overall market activity, Silverado’s limited supply kept prices stable and competitive.

Market Trends

1. Detached Homes

• Sales: 14 (up 85% YoY)

• New Listings: 12 (up 75% YoY)

• Benchmark Price: $655,700 (up 16% YoY)

• Months of Supply: 1.10 months

Detached homes in Silverado continued to be highly sought after, with prices rising significantly over the past year. Limited supply and high buyer demand have pushed prices up by 16%, making this segment the most competitive.

2. Semi-Detached Homes (Duplexes)

• Sales: 1 (low activity due to limited inventory)

• New Listings: 1 (unchanged YoY)

• Benchmark Price: $640,100 (up 14% YoY)

• Months of Supply: Not available

Sales activity in this segment remains low due to a lack of available homes. However, prices have increased by 14%, indicating strong demand whenever properties do become available.

3. Row Homes / Townhouses

• Sales: 5 (up 66% YoY)

• New Listings: 6 (up 50% YoY)

• Benchmark Price: $490,800 (up 7% YoY)

• Months of Supply: 1.45 months

Townhouses remain a popular option for first-time buyers and downsizers, offering affordable pricing with good space and amenities. The segment remains competitive, with inventory levels still below demand.

4. Apartments / Condominiums

• Sales: 3 (steady YoY growth)

• New Listings: 2 (down 40% YoY)

• Benchmark Price: $380,200 (up 6% YoY)

• Months of Supply: 1.30 months

The condo market in Silverado saw moderate growth, with low inventory contributing to price appreciation. Condos remain an affordable entry point into the community, especially for young professionals and investors.

Silverado 2024 Annual Real Estate Summary

The Silverado real estate market in 2024 experienced a highly competitive environment due to low inventory and rising buyer demand.

Key Market Highlights for 2024:

• Sales Growth: Silverado saw an overall 95% increase in total residential sales compared to 2023.

• Price Appreciation: The benchmark home price rose by 7.2% in 2024, reflecting consistent demand.

• Market Conditions: Silverado remained in a seller’s market throughout the year, with inventory levels struggling to keep pace with demand.

• Property Type Trends:

  • Detached homes saw the strongest price appreciation (16% YoY).

  • Townhouses remained highly competitive due to their affordability.

  • Condos attracted first-time buyers and investors, maintaining steady growth.

Silverado had a strong real estate market in 2024, with steady price increases and strong demand across all property types. As 2025 approaches, Silverado remains an attractive choice for buyers looking for a vibrant community with excellent amenities and investment potential.

Market Trends

1. Single-Family Homes:

   • The demand for single-family homes remained strong, with a moderate price appreciation driven by limited inventory and steady buyer interest.

   • Average home prices saw a year-over-year increase, reflecting Silverado’s desirability among families and long-term residents.

   • Newer developments and modern renovations contributed to higher listing prices, especially for 3–5-bedroom homes with upgraded amenities.

2. Townhomes:

   • The townhome segment experienced stable growth, making it a preferred choice for first-time buyers and downsizers.

   • Competitive pricing and low-maintenance living attracted more interest, keeping townhome sales consistent throughout the month.

   • Increased investor activity also influenced this market, as townhomes continue to be high-demand rental properties.

3. Condos & Apartments:

   • The condo market remained affordable and steady, appealing to young professionals and investors.

   • Rental rates continued to rise, making condo ownership an attractive investment opportunity.

   • New construction projects and updated amenities in older complexes helped maintain buyer interest.

4. Luxury & Estate Homes:

   • The luxury segment saw a slight slowdown in transactions, mainly due to higher interest rates.

   • Buyers in this category were more selective, prioritizing custom features, larger lot sizes, and premium locations.

   • Despite fewer sales, luxury home prices remained stable due to the limited availability of high-end properties in Silverado.

Community Features & Lifestyle

• Parks & Green Spaces: Silverado continues to offer beautiful parks, walking trails, and open green spaces, making it a family-friendly community.

• Proximity to Amenities: Convenient access to shopping centers, restaurants, and schools adds to the neighborhood’s appeal.

• Transportation & Connectivity: With easy access to major highways and public transit, Silverado remains well-connected to other parts of the city.

• Community Events: Local activities and events foster a tight-knit and welcoming atmosphere, making it an attractive place to live.

Overall, Silverado’s real estate market in November 2024 remained resilient, with stable growth across most property types. While higher interest rates impacted the luxury segment, demand for single-family homes, townhomes, and condos remained strong, making Silverado a desirable community for both homeowners and investors.

The Silverado real estate market remained strong in October 2024, driven by steady demand across various property types. Sales increased by 111% year-over-year, indicating a highly active market. Inventory levels rose by 65%, suggesting more options for buyers but still maintaining a seller’s market.

Benchmark Prices

• Detached Homes: $650,300 (↑17% YoY)

• Semi-Detached Homes: $635,900 (N/A due to low inventory)

• Row Homes (Townhouses): $485,400 (↑13% YoY)

• Apartments (Condos): $377,600 (↑6% YoY)

• Total Residential Benchmark Price: $582,900 (↑6.2% YoY)

The price appreciation across all property types indicates a competitive market, with townhouses showing the highest growth among non-detached housing.

Property Type Breakdown

Detached Homes

Detached homes in Silverado continue to be the most sought-after property type. With a benchmark price of $650,300, the segment saw a 17% increase from the previous year, reflecting strong demand.

• Sales: 12 transactions in October 2024 (↑100% YoY)

• Inventory: 15 active listings (↑200% YoY)

• Months of Supply: 1.74 months (down from 2.1 months in 2023)

• Market Trend: Low supply and high demand are pushing prices upward.

Semi-Detached Homes

Semi-detached homes remain a small but desirable segment in Silverado, with limited transactions due to low availability. The benchmark price reached $635,900, showing price stability.

• Sales: No recorded sales in October 2024

• Inventory: 1 listing (↓75% YoY)

• Market Trend: High demand but very low supply, making these homes rare in Silverado.

Row Homes (Townhouses)

Townhouses experienced significant growth, becoming a strong alternative for buyers priced out of detached homes. The benchmark price of $485,400 represents a 13% YoY increase.

• Sales: 4 transactions in October 2024 (↑100% YoY)

• Inventory: 8 active listings (↑167% YoY)

• Market Trend: Rapid appreciation, indicating growing interest in townhomes.

Apartments (Condos)

The apartment sector remained the most affordable entry point into Silverado, with a benchmark price of $377,600 (↑6% YoY).

• Sales: 3 transactions in October 2024 (↑200% YoY)

• Inventory: 1 active listing (↓50% YoY)

• Market Trend: Limited supply is keeping condo prices stable with gradual appreciation.

Schools & Education

Silverado is well-served by reputable schools, making it a desirable area for families. The community has access to Ron Southern School (K-6) and Holy Child School (K-9), offering strong academic and extracurricular programs. High school students typically attend nearby All Saints High School or Centennial High School. The area also benefits from proximity to several post-secondary institutions within Calgary.

LRT & Public Transportation

Transportation options continue to improve in Silverado. While the community is not directly served by an LRT station, residents benefit from nearby access to the Somerset-Bridlewood LRT Station, which provides a direct route to downtown Calgary. Additionally, efficient bus routes and planned future transit expansions will further enhance connectivity.

Shopping & Amenities

Residents enjoy a variety of shopping options within and near Silverado. The Shawnessy Shopping Centre, located minutes away, offers major retailers, grocery stores, and dining options. Silverado also features local conveniences such as Sobeys, cafes, and fitness centers. For more extensive shopping, Southcentre Mall and the new developments in Seton are easily accessible.

Community Features & Lifestyle

Silverado is known for its peaceful suburban feel, complemented by abundant green spaces and walking paths. The community backs onto the Spruce Meadows Equestrian Facility, adding a unique charm to the area. Residents appreciate the outdoor lifestyle, with parks, playgrounds, and connections to Calgary’s extensive pathway network. Silverado also fosters a strong community spirit, with events and activities organized by the Silverado Community Association throughout the year.

Key Takeaways for Buyers & Sellers

• For Buyers: Silverado remains a competitive market, particularly for detached and townhouses. Buyers should be prepared for bidding wars and quick sales in popular property segments.

• For Sellers: The low inventory and strong demand make this an ideal time to sell, with prices rising steadily. Properly priced homes are selling quickly and at strong prices.

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