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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

$541,193

AVERAGE PRICE OF 234 HOMES

$2,905,353

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$482,118

AVERAGE PRICE OF 16 NEWLY BUILT HOMES

$403,500

AVERAGE PRICE OF 2 HOMES WITH A POOL

$385,300

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $541,193
Avg Bedrooms 2.55 beds
Avg Bathrooms 1.95 baths

Average Price by Bedrooms

1 bedroom $185,283
2 bedrooms $263,245
3 bedrooms $330,854
4 bedrooms $458,642
5 bedrooms $469,059
Sylvan Lake Home Price Trends
  8/2020 7/2020 6/2020 5/2020 4/2020
Total Listings 253 256 277 228 182
Average Price $532,924 $535,312 $530,030 $362,599 $349,142
Avg Price Change -0.45% +1.00% +46.18% +3.85% -1.09%
Median Price $340,716 $338,916 $337,855 $320,590 $319,263
Med Price Change +0.53% +0.31% +5.39% +0.42% -2.33%
Avg Bedrooms 2.59 beds 2.62 beds 2.63 beds 3.17 beds 3.18 beds
Avg Bathrooms 1.95 baths 2.07 baths 2.03 baths 2.41 baths 2.38 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 234 $541,193 82 days
Multi-Million Dollar Homes 16 $2,905,353 107 days
Newly Built Homes 16 $482,118 62 days
Homes with a Pool 2 $403,500 122 days
Reduced Price Homes 11 $385,300 92 days