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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

$493,493

AVERAGE PRICE OF 196 HOMES

$2,243,162

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$591,183

AVERAGE PRICE OF 12 NEWLY BUILT HOMES

$509,811

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $493,493
Avg Bedrooms 2.42 beds
Avg Bathrooms 1.89 baths

Average Price by Bedrooms

1 bedroom $130,450
2 bedrooms $275,660
3 bedrooms $358,146
4 bedrooms $404,060
5 bedrooms $413,300
Sylvan Lake Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 207 200 185 177 n/a
Average Price $484,933 $496,875 $538,031 $544,543 n/a
Avg Price Change -2.46% -8.28% -1.21% n/a n/a
Median Price $348,006 $332,844 $329,778 $331,741 n/a
Med Price Change +4.56% +0.93% -0.60% n/a n/a
Avg Bedrooms 2.44 beds 2.43 beds 2.38 beds 2.32 beds n/a
Avg Bathrooms 1.91 baths 1.84 baths 1.74 baths 1.74 baths n/a
Total Homes Average Price Avg Days on Site
All Homes 196 $493,493 87 days
Multi-Million Dollar Homes 14 $2,243,162 139 days
Newly Built Homes 12 $591,183 85 days
Reduced Price Homes 9 $509,811 55 days