Market & news · Updated November 2026
SilverStar market snapshot and local news
The latest published market figures for the region, what they do and don’t tell you about SilverStar, and a year of resort news that matters to owners. Updated November 2026.
Updated November 2026 · by Sean Phillips, REALTOR®
What is the SilverStar real estate market like right now?
As of November 12, 2026, SilverStar has 28 active MLS® listings: 13 condos from $149,900 to $1 million (median $359,000), seven townhomes and duplexes from $649,000 to $1.38 million (median $1.1 million), three chalets and houses from $1.44 million to $1.75 million, one cabin or recreational property at $1.58 million, three building lots from $399,000 to $744,000 and one commercial unit at $350,000. Supply is thin heading into ski season, so well-priced village condos sell first.
Live from the MLS®, updated through the day. Answered by Okanagan Lifestyle Real Estate Agent Sean Phillips
Market snapshot: September 2026 (latest published)
The Association of Interior REALTORS® (AIR) covers a large region that includes the North Okanagan. Its September 2026 report, released October 5 and the most recent available when this page was updated, shows:
- 1,141residential sales across the AIR region, the same as August and down 8% year over year
- 2,289new listings, down 13.4%
- 9,185active listings, down 6.8%
- $324,300North Okanagan condo benchmark price, up 4.4%
In the North Okanagan, 129 homes sold in September, down from 155 a year earlier. The single-family benchmark rose 5.6% to $793,000, and the townhome benchmark slipped 1.1% to $563,400. AIR president Ryan Mayne said the Interior is showing “early signs of a soft rebound” after a challenging few months.
Sources: Association of Interior REALTORS®, September 2026 release and AIR market statistics.
What this means for SilverStar
Regional benchmarks are a weather report for the valley, not a price for your chalet. No real estate board publishes SilverStar-only prices, and the resort’s mix of hotel condos, strata townhomes, heritage chalets and newer custom homes means a single average would mislead more than it helps. A few things we can say with confidence:
- Fewer new listings. New listings across the region were down 13.4%, and active listings were down 6.8%, so buyers have somewhat less to choose from than a year ago.
- Condo prices firmer. The North Okanagan condo benchmark rose 4.4% over the year. Mountain condos have their own drivers (rental rules, ski access), but the valley trend is a steady backdrop.
- Resort changes. New ownership under Pacific Group Resorts, the Ikon Pass from 2026–27 and discount ticket programs could bring more visitors, which matters to rental owners. It’s too early to measure any effect on prices.
- Snow matters. The 2025–26 season was thin, and the resort tested snowmaking equipment. Buyers ask about it; a snowmaking investment would be significant news for owners.
Want SilverStar-only numbers? Sean pulls every SilverStar sale from the MLS® system: prices, days on market and list-to-sale ratios by property type. Email for the current SilverStar sold report, or use the form at the bottom of this page.
SilverStar news, November 2025 to September 2026
Early-bird passes and the My1 pass
Early-bird winter passes and a 4Pack deal (fifth day free) ran until Sept. 30. The My1 season pass covers seven activities: alpine, Nordic, snowshoeing, night skiing, skating, fat biking and tubing.
Crankworx comes to SilverStar
The Crankworx World Tour mountain bike festival ran at SilverStar from Aug. 6 to 9, a sign of how big the summer season has become.
Wine Fest on the mountain
SilverStar hosted a summer wine festival in July.
Summer carnival for the Vernon Jubilee ER
A free summer carnival with gondola rides raised money for the emergency department at Vernon Jubilee Hospital, the nearest hospital to the resort.
Pedalfest adds men’s and women’s enduro
The North Okanagan Cycling Society’s Pedalfest enduro, held July 11, expanded to include both men’s and women’s racing.
Dark Horse rides into SilverStar
Casey Brown’s elite women’s mountain bike camp and invitational ran from June 27 to July 2.
SilverStar joins the Ikon Pass
SilverStar is on the Ikon Pass for 2026–27: seven days with no blackouts on the Ikon Pass, five days with blackouts on Ikon Base.
SEISMIC Spring Mountain Festival
A ten-day free festival of sports, music, arts and food ran in late March.
“Mission Affordable” tickets
SilverStar adopted Pacific Group Resorts’ discounted lift ticket program, with midweek adult tickets from $115.
Snowmaking tested at Putnam Creek
After a low-snow start to the season, the resort tested snowmaking equipment from three manufacturers at Putnam Creek.
Water advisory lifted after main break
A water main broke on Silver Queen Road on Jan. 25. RDNO and Interior Health issued a water quality advisory for nearby residents, lifted by Jan. 28.
SilverStar sold to Pacific Group Resorts
POWDR sold SilverStar to Pacific Group Resorts of Park City, Utah, which called it its flagship. General manager Herwig Demschar stayed on, with no operational changes for 2025–26.
Also worth watching
The RDNO gave first reading to Zoning Amendment Bylaw No. 3049, 2025, for 9190 Silver Star Road in Electoral Area C, on the road below the resort (RDNO notice). Rezonings along the road can change what’s nearby, so it’s worth following if you own on Silver Star Road.
For valley market updates, see Sean’s Vernon real estate hub and his guide to Coldstream real estate.
Get SilverStar listings and market updates
New listings by email, plus Sean’s SilverStar sold report when you ask for it.
Questions? Call or text
Ask a local before you commit to a mountain property
Sean Phillips lives full time in Okanagan Landing, down in the valley below the mountain, and works SilverStar and Vernon every week. Ask him about a street, a strata, a rental rule or what your place might sell for. Straight answers, no pressure.
Info Hotline: Sarah, Sean’s AI assistant, 24/7
Text Sean (business line)
Sarah is an AI assistant who can answer questions about the resorts, current listings and other public information any time. When you’re ready for real estate advice (how to list, pricing, negotiating), talk to Sean. You can reach him any time, but do your research, get your questions answered, and then let’s get together.