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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

$497,815

AVERAGE PRICE OF 187 HOMES

$2,243,162

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$591,183

AVERAGE PRICE OF 12 NEWLY BUILT HOMES

$453,554

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $497,815
Avg Bedrooms 2.37 beds
Avg Bathrooms 1.86 baths

Average Price by Bedrooms

1 bedroom $130,450
2 bedrooms $273,124
3 bedrooms $359,922
4 bedrooms $403,371
5 bedrooms $426,036
Sylvan Lake Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 207 200 185 177 n/a
Average Price $484,933 $496,875 $538,031 $544,543 n/a
Avg Price Change -2.46% -8.28% -1.21% n/a n/a
Median Price $348,006 $332,844 $329,778 $331,741 n/a
Med Price Change +4.56% +0.93% -0.60% n/a n/a
Avg Bedrooms 2.44 beds 2.43 beds 2.38 beds 2.32 beds n/a
Avg Bathrooms 1.91 baths 1.84 baths 1.74 baths 1.74 baths n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 187 $497,815 92 days
Multi-Million Dollar Homes 14 $2,243,162 145 days
Newly Built Homes 12 $591,183 91 days
Reduced Price Homes 11 $453,554 66 days

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