Avezta Realty International Corp.

Silver Lake Real Estate Market Report

Executive Summary

DB
Dan Braun

The Silver Lake, CA real estate market is currently classified as a buyer's market. The median asking price is $3K, down 99.4% over the past 30 days.

There are currently 16 active listings, representing 5.3 months of inventory. Inventory has increased 6.7% compared to last month.

Currently, listings spend an average of 66 days on market and the average price per square foot is $3.

Detached properties make up the largest share of the Silver Lake market at 53% of active listings with an average price of $752K. Condo listings follow at 33% (avg $2K).

Sales Activity & Absorption

Volume

3
Sold (30d)
66
Avg DOM
1
New (30d)
0
New (7d)

Market Signals

5
Price Cuts (30d)
0
New (7d)
100%
Sell-Through
0
New (7d)

3 properties sold in the past 30 days, 1 new listings appeared in the past month, 5 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
5.3months
Balanced Market
Sell-Through Rate100.0%
Inventory Change (30d)+6.7%
Site Active Listings16

At 5.3 months of inventory, the market is balanced. Neither buyers nor sellers have a decisive advantage — a good time for realistic pricing and considered offers.

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $3K, 20% down, 25yr amortization
$12/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a buyer's market with more negotiating power for purchasers. The Silver Lake market currently has 16 active listings with a median price of $3K and 5.3 months of inventory.

  • Prices declining (-99.4% in 30 days)
  • High price reduction rate (31% of listings)
  • High sell-through rate (100%)
  • Slow-moving market (66 avg days on market)
  • Average price per square foot is $3

For Buyers

With more inventory and less competition, buyers in Silver Lake have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties.

For Sellers

With higher inventory, pricing strategy is critical. Price at or slightly below market value to attract attention. Ensure your listing stands out with quality photos and accurate details. 5 listings have reduced their price in the past 30 days. The current sell-through rate is 100%.

Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.

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Resources

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Homes for Sale in Silver Lake16 active listingsCost of Living in Silver LakeHousing, rent & expensesSold Data in Silver LakeRecent sales & prices

Market data is calculated from active and recently sold MLS listings as of April 16, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.