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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

$451,616

AVERAGE PRICE OF 460 HOMES

$2,588,055

AVERAGE PRICE OF 21 MULTI-MILLION DOLLAR HOMES

$410,939

AVERAGE PRICE OF 46 NEWLY BUILT HOMES

$231,450

AVERAGE PRICE OF 4 HOMES WITH A POOL

$405,638

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $451,616
Avg Bedrooms 2.66 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $189,616
2 bedrooms $267,847
3 bedrooms $338,874
4 bedrooms $413,408
5 bedrooms $478,928
Sylvan Lake Home Price Trends
  5/2020 4/2020 3/2020 2/2020 1/2020
Total Listings 228 182 191 179 163
Average Price $362,599 $349,142 $352,941 $351,722 $346,097
Avg Price Change +3.85% -1.09% +0.35% +1.63% -1.14%
Median Price $320,590 $319,263 $326,689 $325,687 $314,380
Med Price Change +0.42% -2.33% +0.31% +3.60% +1.25%
Avg Bedrooms 3.17 beds 3.18 beds 3.23 beds 3.22 beds 3.12 beds
Avg Bathrooms 2.41 baths 2.38 baths 2.45 baths 2.47 baths 2.43 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 460 $451,616 53 days
Multi-Million Dollar Homes 21 $2,588,055 20 days
Newly Built Homes 46 $410,939 76 days
Homes with a Pool 4 $231,450 124 days
Reduced Price Homes 13 $405,638 5 days