Four homes closed in Silver Creek South in October, and two were new 2026-built homes in Silver Creek Village, one of which sold above its original list price.
What happened in Silver Creek South this October?
Four homes closed in Silver Creek South during October 2026, down from six in October 2025. Total closed volume was $4.1 million, down 20.1 percent from $5.2 million.
The median sale price was $985,000, up 3.1 percent from $955,000. The average sale price was $1,035,478, up 19.8 percent from $864,018. The average gained more because October 2025 included a sale under $250,000 that pulled that month’s average down.
Half of the month’s sales were new construction. Two homes built in 2026 in Silver Creek Village closed at $970,000 and $836,910, and together they made up about 44 percent of closed volume. The $836,910 sale was 105.3 percent of its original list price, the only sale above asking.
The two resale homes closed at 99.0 percent and 83.3 percent of original list price. The four averaged 96.8 percent, up from 94.4 percent a year earlier.
Homes also sold faster. The median home that closed had been listed for 25 days, compared with 57 days a year earlier.
Activity was light. Three new listings came to market, down from four, and four homes went under contract, down from six. Supply edged up, with 25 homes available in mid-October against 22 a year earlier.
Ratio
CDOM is cumulative days on market, which counts the full time a property has been listed across listing periods rather than the days until it went under contract.
Absorption rate estimates how many months it would take to sell the listed supply at the current pace of sales. It is based on the mid-month supply count and is sensitive to small changes in sales.
How did the Silver Creek South market change over the last three months?
Sales stayed steady at three to four a month, but fewer homes were coming to market. Ten homes closed over the quarter against 14 in the same three months of 2025, and only 12 went under contract against 17.
August 2026
September 2026
October 2026
| Metric | Aug 2026 | Sep 2026 | Oct 2026 |
|---|---|---|---|
| Closed sales | 3 | 3 | 4 |
| Median sale price | $1,044,000 | $1,268,500 | $985,000 |
| Average sale price | $1,023,000 | $1,326,167 | $1,035,478 |
| Closed sale volume | $3,069,000 | $3,978,500 | $4,141,910 |
| New listings | 8 | 6 | 3 |
| Pending listings | 6 | 2 | 4 |
| Sale-to-original-list-price ratio | 98.8% | 96.0% | 96.8% |
| Average CDOM | 61 days | 119 days | 61 days |
The same three months a year earlier:
| Metric | Aug 2025 | Sep 2025 | Oct 2025 |
|---|---|---|---|
| Closed sales | 3 | 5 | 6 |
| Median sale price | $965,000 | $1,050,000 | $955,000 |
| New listings | 4 | 4 | 4 |
| Pending listings | 6 | 5 | 6 |
Three patterns stand out. First, fewer new listings. Sellers listed 8 homes in August, 6 in September and 3 in October, the fewest of any month so far in 2026.
Second, prices were steady. The monthly median stayed between $985,000 and $1,268,500, and with three or four sales a month the swings reflect which homes happened to close more than a trend.
Third, buyers were less active than last year. Pending listings totaled 12 over the three months against 17, and closings were 10 against 14.
Supply has crept up as sales slowed. The absorption rate rose from 6.86 months in August and September to 7.50 months in October.
What actually sold in Silver Creek South?
Four detached single-family homes closed in October, all in Silver Creek Village. Prices ranged from $836,910 to $1,335,000.
Two of the four were new construction built in 2026. The other two were resale homes built in 2022 and 2023.
Three closed within one percent of original list price or above it, and one closed 16.7 percent below it. The median was $985,000, the midpoint between the $970,000 and $1,000,000 sales.
Selected October sales
Three of the four sales are shown, ordered by sale price. They have not been assessed for comparability and should not be read as direct comparables for one another.
6542 Purple Poppy Lane, Silver Creek Village
5 bedrooms 4 bathrooms 3,955 square feet
Approximately 0.13 acres · Built 2023
Original list price: $1,349,000
Percent of original list price: 99.0%
Sale price per square foot: $338
Days on market: 97
6505 N Silver Creek Drive, Silver Creek Village
4 bedrooms 3 bathrooms 2,480 square feet
Approximately 0.10 acres · Built 2022
Original list price: $1,200,000
Percent of original list price: 83.3%
Sale price per square foot: $403
Days on market: 44
1222 Mahogany Way, Silver Creek Village
4 bedrooms 4 bathrooms 2,582 square feet
Approximately 0.17 acres · Built 2026
Original list price: $974,900
Percent of original list price: 99.5%
Sale price per square foot: $376
Days on market: 7
6542 Purple Poppy Lane, a five-bedroom home built in 2023, closed at $1,335,000, 99.0 percent of its original price, after 97 days.
6505 N Silver Creek Drive was listed at $1,200,000, reduced to $1,099,999, and closed at $1,000,000, 83.3 percent of its original price, after 44 days.
1222 Mahogany Way, a 2026 new-construction home, closed at $970,000, 99.5 percent of its original price, after seven days.
The fourth sale, 6940 Elk Wallow Drive, was also 2026 new construction. The three-bedroom home closed at $836,910, above its $795,000 original list price, with no days on market recorded.
Price per square foot ranged from $338 to $574 across the four sales, which reflects differences in size, age and lot rather than a market-wide rate.
What did buyers have to choose from?
Three new listings came to market in Silver Creek South in October, down from four in October 2025. Four homes went under contract, down from six.
| Activity | Aug 2026 | Sep 2026 | Oct 2026 | Oct 2025 |
|---|---|---|---|---|
| New listings | 8 | 6 | 3 | 4 |
| Pending listings | 6 | 2 | 4 | 6 |
| Closed sales | 3 | 3 | 4 | 6 |
The three new listings were priced between roughly $500,000 and $1.5 million: one in the $500,000s, one in the $700,000s and one between $1,000,000 and $1,499,999.
The four homes that went under contract were all priced between $700,000 and $1,499,999, and the median list price of homes going under contract was $1,037,500.
In mid-October, 25 homes were available, against 22 a year earlier. The increase was at the middle of the market. Twelve homes were listed between $1,000,000 and $1,499,999, up from seven, while homes under $1,000,000 slipped to 11 from 13. The median list price of available homes was $1,089,000, up 21.0 percent from $899,950. This is a mid-month snapshot rather than a month-end count.
The absorption rate rose to 7.50 months from 6.00 a year earlier. In plain terms, at October’s pace of sales it would take longer to sell through the available homes than it did a year ago.
For the year to date, 62 homes have been listed against 60 through the same point in 2025, while 34 have gone under contract against 37 and 31 have closed against 37, a decline of 16.2 percent.
New Construction in Focus
New construction made up half of October’s closings in Silver Creek South. Two completed 2026 homes in Silver Creek Village sold for a combined $1,806,910, about 44 percent of the month’s closed volume.
October new-construction closings
| Measure | Value |
|---|---|
| New-construction closings | 2 of 4 |
| 1222 Mahogany Way | $970,000 |
| 6940 Elk Wallow Drive | $836,910 |
| Combined sale price | $1,806,910 |
| Construction stage | Both complete |
Both sold within one percent of original list price or above it, at 99.5 percent and 105.3 percent. They were also the quickest sales of the month, at seven days and no days on market recorded. The two resale homes took 44 and 97 days.
Current new-construction availability
As of the most recent listing search, 8 of the 20 active Silver Creek South listings are explicitly flagged as new construction.
| Measure | Value |
|---|---|
| Asking price range | $948,751 to $1,490,000 |
| Median asking price | $1,034,625 |
Seven of the eight are single-family homes in Silver Creek Village, and one is a unit at Altitude Loft Condominiums. The two under-construction homes, both on Star Finder Drive, list completion dates of April and May 2027.
The $1,034,625 median for new construction is slightly below the $1,094,500 median asking price for all 20 current listings, so new construction here is priced close to the rest of the market rather than at a clear premium. These are current availability figures, not a month-end inventory count for October.
What does this mean for buyers and sellers?
For buyers
Homes that matched buyers’ expectations sold quickly. The median home that closed had been listed for 25 days, and both new-construction homes closed in seven days or less.
Negotiating room depended on the home. 6505 N Silver Creek Drive closed at 83.3 percent of its original price after a price reduction, while the other three sold within one percent of original list price or above it. Eight of the 20 homes currently listed have reduced their asking price.
There is more to compare in new construction than in a typical month. Eight current listings are flagged as new construction, five of them complete, with asking prices from $948,751 to $1,490,000.
Supply is slightly higher than a year ago, with 25 homes available in mid-October against 22, with the increase at $1,000,000 to $1,499,999. That gives buyers more time to decide at that level.
For sellers
Pricing shaped the outcomes. 6505 N Silver Creek Drive was listed at $1,200,000, reduced to $1,099,999, and closed at $1,000,000. 6542 Purple Poppy Lane stayed on the market 97 days before closing near its original price.
Resale sellers are competing with new construction. Two new homes sold in a week or less this month, and eight new-construction listings are on the market now at prices close to the area’s median.
Buyer activity is lighter than last year. Four homes went under contract against six, year-to-date closings are down 16.2 percent, and the absorption rate is 7.50 months against 6.00.
One caution on the headline numbers. The October median of $985,000 is the midpoint of four sales, and it should not be used to price a particular property.
Keep the price increase in perspective
Silver Creek South’s median sale price rose 3.1 percent year over year in October, from $955,000 to $985,000. Year to date, the median is $1,072,500 against $1,010,000 for the same period of 2025, an increase of 6.2 percent.
Those are modest gains, and they do not mean every Silver Creek South home rose by that amount.
A median describes the middle of what sold, not the change in value of any particular property. October’s comparison is between four sales this year and six last year, and the median moves whenever the mix of homes changes. Two of this October’s four sales were new construction, which can price differently from resale homes.
The average sale price rose 19.8 percent in October, from $864,018 to $1,035,478, but part of that gain is a comparison effect. October 2025 included a sale under $250,000 that dragged that month’s average down. Year to date, the average is up 3.6 percent, from $1,069,032 to $1,107,724.
Last October’s median was also low. It was 29.0 percent below the $1,345,000 of October 2024.
Asking prices rose by more. The median list price of homes available in mid-October was 21.0 percent higher than a year earlier, while the average list price was up 6.7 percent. Eight of the 20 homes currently listed have reduced their price, so asking prices are not the same as sale prices.
What an individual owner’s home is worth depends on its subdivision, size, age, condition, views and location. The only reliable way to know is a valuation of that specific property.
What should we watch next month?
These are indicators worth following, not forecasts.
Whether new listings recover.
Sellers listed 8 homes in August, 6 in September and 3 in October, the fewest of any month in 2026. With slower sales, a longer stretch of low listings could change how much choice buyers have.
Whether the completed new-construction homes sell.
Two new homes sold in a week or less in October, but four of the five completed new-construction listings now on the market have been listed for 51 days or more. How quickly they sell will show how much demand there is at roughly $950,000 to $1,500,000.
Whether buyer activity picks up.
Four homes went under contract in October against two in September and six in October 2025. Pending activity leads closings by roughly one to two months, and year-to-date closings are 31 against 37, so the coming months will show whether sales pick up.
Frequently Asked Questions
What was the median home price in Silver Creek South in October 2026?
The median sale price was $985,000 across four closed sales, up 3.1 percent from $955,000 in October 2025. With so few sales, it can shift when the mix of homes changes.
How many homes sold in Silver Creek South in October 2026?
Four homes closed, down from six in October 2025. Combined closed volume was $4.1 million, compared with $5.2 million a year earlier.
Did homes in Silver Creek South sell above asking price?
Only one did. 6940 Elk Wallow Drive, a new-construction home, closed at 105.3 percent of its original list price. The other three closed between 83.3 and 99.5 percent of it, and the four averaged 96.8 percent, compared with 94.4 percent in October 2025.
How long did homes take to sell in Silver Creek South?
The median cumulative days on market for October closings was 25 days, against 57 a year earlier. The average was 61 days, against 95. Year to date, the median is 28 days against 61.
Is there any new construction for sale in Silver Creek South?
Yes. Eight of the 20 current listings are flagged as new construction, five complete, two under construction and one proposed, with asking prices from $948,751 to $1,490,000. Two of October’s four closings were also new construction.
Why did the average price rise 19.8 percent when the median rose 3.1 percent?
October 2025’s average was pulled down by a sale under $250,000, which makes the comparison look larger. The median is the steadier measure, and with four sales both figures can move when the mix of homes changes.
How many homes are for sale in Silver Creek South right now?
A current search shows 20 homes listed, with asking prices from $549,000 to $1,995,000 and a median of $1,094,500. Fourteen are single-family homes, four are townhomes and two are condominiums, and eight have reduced their price. This is a current figure and differs from the mid-October count of 25.
Is now a good time to buy or sell in Silver Creek South?
That depends on your property and your timeline rather than on a single month’s numbers. October showed faster sales for homes that matched buyers’ expectations and more new-construction choice, but with only four sales one month cannot set a trend. A conversation about your specific home or target neighborhood will be more useful than a market average.
Thinking about buying or selling in Silver Creek South?
Every home in Silver Creek South is different, and a monthly median cannot tell you what your property is worth or what you should offer on a particular listing. Karen Stone works in these neighborhoods every week and can walk you through what the numbers mean for your situation. Contact Karen to talk through your plans.
