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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

$693,765

AVERAGE PRICE OF 126 HOMES

$3,081,594

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$547,605

AVERAGE PRICE OF 17 NEWLY BUILT HOMES

$397,966

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $693,765
Avg Bedrooms 2.16 beds
Avg Bathrooms 1.68 baths

Average Price by Bedrooms

1 bedroom $207,400
2 bedrooms $258,192
3 bedrooms $377,851
4 bedrooms $402,031
5 bedrooms $393,490
Sylvan Lake Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 124 134 142 150 176
Average Price $722,019 $713,312 $669,521 $648,164 $628,430
Avg Price Change +1.22% +6.54% +3.29% +3.14% +2.15%
Median Price $328,616 $347,334 $355,620 $362,446 $362,687
Med Price Change -5.70% -2.39% -1.92% -0.07% -0.39%
Avg Bedrooms 2.17 beds 2.15 beds 2.21 beds 2.28 beds 2.42 beds
Avg Bathrooms 1.65 baths 1.64 baths 1.71 baths 1.78 baths 1.87 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 126 $693,765 135 days
Multi-Million Dollar Homes 16 $3,081,594 180 days
Newly Built Homes 17 $547,605 88 days
Reduced Price Homes 3 $397,966 28 days

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