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Sylvan Lake

Why you'd want to live in Sylvan Lake

Situated on the southern shore of Sylvan Lake, The Town of Sylvan Lake is located just 18 kilometres west of Red Deer. The Town is ideally located on the Calgary-Edmonton Corridor, with both Calgary and Edmonton less than 150km away to the north and south of the Town. Sylvan Lake is a thriving hub of activity for families, seniors, and individuals of all ages. There are schools, churches, plenty of shopping options, and year round activities. Sylvan Lake has a long history as a popular resort town. Because of the beautiful lake and the well-developed waterfront, tourism has been Sylvan Lake’s biggest draw since it incorporated in 1913. The town attracts over 761, 000 visitors in summer. Year round guests of the community enjoy activities and amenities such as outdoor waterslides, a marina with water sport rentals, swimming, golfing, hockey, curling, kite skiing and snow machining, fishing, an indoor BMX park, and much, much more. via visitsylvanlake.ca

Sylvan Lake Market Report

$601,667

AVERAGE PRICE OF 155 HOMES

$2,261,993

AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

$688,579

AVERAGE PRICE OF 24 NEWLY BUILT HOMES

$422,330

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $601,667
Avg Bedrooms 2.02 beds
Avg Bathrooms 1.63 baths

Average Price by Bedrooms

1 bedroom $240,633
2 bedrooms $375,000
3 bedrooms $377,265
4 bedrooms $575,532
5 bedrooms $726,225
Sylvan Lake Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 157 164 157 144 137
Average Price $645,705 $641,150 $638,314 $631,630 $625,003
Avg Price Change +0.71% +0.44% +1.06% +1.06% -2.82%
Median Price $406,049 $411,582 $409,933 $397,509 $375,394
Med Price Change -1.36% +0.40% +3.13% +5.89% +1.96%
Avg Bedrooms 2.11 beds 2.24 beds 2.19 beds 2.13 beds 1.99 beds
Avg Bathrooms 1.66 baths 1.69 baths 1.72 baths 1.78 baths 1.71 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 155 $601,667 130 days
Multi-Million Dollar Homes 15 $2,261,993 176 days
Newly Built Homes 24 $688,579 85 days
Reduced Price Homes 10 $422,330 54 days

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Royal Lepage Network Realty
Robert Gallaway
6-3608 50 Ave.
Red Deer, AB T4N 3Y6
403-575-0363

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license." Last updated June 15, 2024 5 AM CST
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