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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

$360,193

AVERAGE PRICE OF 185 HOMES

$1,212,500

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$366,051

AVERAGE PRICE OF 27 NEWLY BUILT HOMES

$304,000

AVERAGE PRICE OF 3 HOMES WITH A POOL

$328,642

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $360,193
Avg Bedrooms 3.28 beds
Avg Bathrooms 2.52 baths

Average Price by Bedrooms

1 bedroom $136,400
2 bedrooms $255,472
3 bedrooms $363,040
4 bedrooms $413,223
5 bedrooms $423,295
Sylvan Lake Home Price Trends
  9/2019 8/2019 7/2019 6/2019 5/2019
Total Listings 207 228 230 223 211
Average Price $363,380 $369,523 $370,725 $364,906 $361,518
Avg Price Change -1.69% -0.33% +1.59% +0.94% -0.32%
Median Price $329,801 $341,321 $339,900 $331,791 $313,336
Med Price Change -3.49% +0.42% +2.44% +5.89% -7.38%
Avg Bedrooms 3.26 beds 3.25 beds 3.28 beds 3.21 beds 3.17 beds
Avg Bathrooms 2.47 baths 2.47 baths 2.48 baths 2.46 baths 2.45 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 185 $360,193 102 days
Multi-Million Dollar Homes 2 $1,212,500 226 days
Newly Built Homes 27 $366,051 89 days
Homes with a Pool 3 $304,000 40 days
Reduced Price Homes 7 $328,642 35 days