With a median listing price of $770,000, Silver Star is Canada’s 132th most expensive when ordered by median listing price.
Silver Star, British Columbia has a median house price of $770,000 when compiling all the home listings in Aug .
From our data, it appears that neighbourhood is number 3570th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.
Is Silver Star a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Silver Star, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 3, this month we show 3.
Silver Star was Canada’s 43th most expensive suburb by listed median house price this month.
In Aug the median listed house price of $482,400 in Silver Star was an impressive compared to the rest of British Columbia.
Across British Columbia Silver Star has the 115th most properties on offer with 124.
As one of British Columbia’s many potential real estate investment neighbourhoods, Silver Star needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
In Silver Star, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.