Real Estate Market Report for
Silver Star, BC

Updated : Aug 2016
House
  • Median price $770,000
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.14%
Apartment
  • Median price $482,400
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.09%
Silver Star Home Price

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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.

Beds Median price (House) Median price (Apartment)
2 bedrooms $502,500
Demographics
  • Population in 20113872
  • Population in 20063912
  • 2006 to 2011 population change (%)-1
  • Total private dwellings2168
  • Private dwellings occupied by usual residents1462
  • Population density per square kilometre12.9
  • Land area (square km)299.79
  • Age Characteristics
    Total population by age groups 3875
    0 to 4 years 155
    5 to 9 years 205
    10 to 14 years 250
    15 to 19 years 280
    15 years 65
    16 years 55
    17 years 60
    18 years 50
    19 years 55
    20 to 24 years 200
    25 to 29 years 150
    30 to 34 years 165
    35 to 39 years 225
    40 to 44 years 265
    45 to 49 years 360
    50 to 54 years 370
    55 to 59 years 340
    60 to 64 years 355
    65 to 69 years 225
    70 to 74 years 145
    75 to 79 years 95
    80 to 84 years 50
    85 years and over 35
    Median age of the population 45.5
    % of the population aged 15 and over 84.3
  • Marital Status
    Total population 15 years and over by marital status 3265
    Married or living with a common-law partner 2185
    Married (and not separated) 1920
    Living common-law 265
    Not married and not living with a common-law partner 1080
    Single (never legally married) 725
    Separated 85
    Divorced 175
    Widowed 90
    Family Characteristics
    Total number of census families in private households 1190
    Size of census family: 2 persons 655
    Size of census family: 3 persons 230
    Size of census family: 4 persons 200
    Size of census family: 5 or more persons 105
    Total number of census families in private households 1195
    Total couple families by family structure and number of children 1065
    Married couples 940
    Without children at home 505
    With children at home 430
    1 child 165
    2 children 175
    3 or more children 95
    Common-law couples 125
    Without children at home 80
    With children at home 50
    1 child 25
    2 children 10
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 125
    Female parent 95
    1 child 55
    2 children 30
    3 or more children 10
    Male parent 35
    1 child 15
    2 children 10
    3 or more children 5
    Total children in census families in private households 1090
    Under six years of age 190
    6 to 14 years 405
    15 to 17 years 170
    18 to 24 years 215
    25 years and over 105
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 3820
    Number of persons not in census families 475
    Living with relatives 75
    Living with non-relatives only 130
    Living alone 265
    Number of census family persons 3345
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 550
    Number of persons not in census families aged 65 years and over 115
    Living with relatives 20
    Living with non-relatives only 10
    Living alone 80
    Number of census family persons aged 65 years and over 435
    Total number of private households by household type 1465
    Census-family households 1160
    One-family-only households 1025
    Couple-family households 940
    Without children 520
    With children 425
    Lone-parent-family households 90
    Other family households 135
    One-family households with persons not in a census family 100
    Couple-family households 80
    Without children 45
    With children 35
    Lone-parent-family households 20
    Two-or-more-family households 30
    Non-census-family households 305
    One-person households 270
    Two-or-more-person households 40
    Total number of occupied private dwellings by structural type of dwelling 1465
    Single-detached house 1195
    Apartment, building that has five or more storeys 0
    Movable dwelling 15
    Other dwelling 250
    Semi-detached house 50
    Row house 5
    Apartment, duplex 155
    Apartment, building that has fewer than five storeys 30
    Other single-attached house 0
    Total number of private households by household size 1465
    1 person 270
    2 persons 595
    3 persons 245
    4 persons 210
    5 persons 110
    6 or more persons 40
    Number of persons in private households 3820
    Average number of persons in private households 2.6
Census 2011

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