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Sylvan Lake

Why you'd want to live in Sylvan Lake

The Town of Sylvan Lake is a dynamic lakeside community which is experiencing significant growth. In fact, Statistics Canada has rated the Town as one of the fastest growing communities in Canada as well as one of Canada's youngest communities. Sylvan Lake's population increased by 2,765 or 21.9% between 2006 and 2013. The 2013 Municipal Census found the town has a population of 13,015. This rate of growth is a general indicator of the overall atrractiveness of the community.

Walk out basement finished basement suite in law suite bungalow

Sylvan Lake Market Report

$367,978

AVERAGE PRICE OF 231 HOMES

$1,212,500

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$395,557

AVERAGE PRICE OF 26 NEWLY BUILT HOMES

$397,666

AVERAGE PRICE OF 3 HOMES WITH A POOL

$316,330

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $367,978
Avg Bedrooms 3.24 beds
Avg Bathrooms 2.47 baths

Average Price by Bedrooms

1 bedroom $194,800
2 bedrooms $258,358
3 bedrooms $375,312
4 bedrooms $433,865
5 bedrooms $427,540
Sylvan Lake Home Price Trends
  7/2019 6/2019 5/2019 4/2019 3/2019
Total Listings n/a 223 211 189 161
Average Price n/a $364,906 $361,518 $362,679 $359,518
Avg Price Change n/a +0.94% -0.32% +0.88% +2.68%
Median Price n/a $331,791 $313,336 $336,469 $335,181
Med Price Change n/a +5.89% -7.38% +0.38% -0.62%
Avg Bedrooms n/a 3.21 beds 3.17 beds 3.21 beds 3.19 beds
Avg Bathrooms n/a 2.46 baths 2.45 baths 2.49 baths 2.45 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 231 $367,978 104 days
Multi-Million Dollar Homes 2 $1,212,500 162 days
Newly Built Homes 26 $395,557 101 days
Homes with a Pool 3 $397,666 49 days
Reduced Price Homes 10 $316,330 118 days