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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

$353,754

AVERAGE PRICE OF 167 HOMES

$1,250,000

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$390,692

AVERAGE PRICE OF 28 NEWLY BUILT HOMES

$78,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$358,375

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $353,754
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.48 baths

Average Price by Bedrooms

1 bedroom $101,250
2 bedrooms $257,904
3 bedrooms $347,158
4 bedrooms $440,386
5 bedrooms $427,220
Sylvan Lake Home Price Trends
  12/2019 11/2019 10/2019 9/2019 8/2019
Total Listings 175 177 187 207 228
Average Price $350,032 $358,939 $354,273 $363,380 $369,523
Avg Price Change -2.54% +1.32% -2.57% -1.69% -0.33%
Median Price $310,491 $323,415 $319,787 $329,801 $341,321
Med Price Change -4.16% +1.13% -3.13% -3.49% +0.42%
Avg Bedrooms 3.18 beds 3.24 beds 3.26 beds 3.26 beds 3.25 beds
Avg Bathrooms 2.43 baths 2.48 baths 2.48 baths 2.47 baths 2.47 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 167 $353,754 108 days
Multi-Million Dollar Homes 2 $1,250,000 35 days
Newly Built Homes 28 $390,692 106 days
Homes with a Pool 1 $78,000 120 days
Reduced Price Homes 4 $358,375 93 days