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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

$604,268

AVERAGE PRICE OF 189 HOMES

$2,563,816

AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

$535,166

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$365,100

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $604,268
Avg Bedrooms 2.54 beds
Avg Bathrooms 1.94 baths

Average Price by Bedrooms

1 bedroom $289,900
2 bedrooms $289,625
3 bedrooms $422,228
4 bedrooms $461,324
5 bedrooms $460,929
Sylvan Lake Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 192 n/a n/a n/a 144
Average Price $613,198 n/a n/a n/a $484,524
Avg Price Change n/a n/a n/a n/a +3.49%
Median Price $370,412 n/a n/a n/a $328,653
Med Price Change n/a n/a n/a n/a +2.03%
Avg Bedrooms 2.51 beds n/a n/a n/a 2.51 beds
Avg Bathrooms 1.9 baths n/a n/a n/a 1.96 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 189 $604,268 100 days
Multi-Million Dollar Homes 19 $2,563,816 133 days
Newly Built Homes 15 $535,166 100 days
Reduced Price Homes 7 $365,100 49 days

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