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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

$541,315

AVERAGE PRICE OF 188 HOMES

$2,906,075

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$779,942

AVERAGE PRICE OF 7 NEWLY BUILT HOMES

$74,450

AVERAGE PRICE OF 2 HOMES WITH A POOL

$282,625

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $541,315
Avg Bedrooms 2.39 beds
Avg Bathrooms 1.72 baths

Average Price by Bedrooms

1 bedroom $136,633
2 bedrooms $210,847
3 bedrooms $373,517
4 bedrooms $402,410
5 bedrooms $433,029
Sylvan Lake Home Price Trends
  3/2021 2/2021 1/2021 12/2020 11/2020
Total Listings 177 n/a 154 191 213
Average Price $544,543 n/a $494,555 $512,290 $517,737
Avg Price Change n/a n/a -3.59% -1.06% -4.71%
Median Price $331,741 n/a $339,096 $345,019 $348,312
Med Price Change n/a n/a -1.75% -0.95% +1.66%
Avg Bedrooms 2.32 beds n/a 2.45 beds 2.48 beds 2.63 beds
Avg Bathrooms 1.74 baths n/a 1.88 baths 1.93 baths 2.01 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 188 $541,315 75 days
Multi-Million Dollar Homes 14 $2,906,075 111 days
Newly Built Homes 7 $779,942 51 days
Homes with a Pool 2 $74,450 40 days
Reduced Price Homes 8 $282,625 40 days

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