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Sylvan Lake Market Report

$813,241

AVERAGE PRICE OF 98 HOMES

$2,734,197

AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

$644,626

AVERAGE PRICE OF 21 NEWLY BUILT HOMES

$354,900

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $813,241
Avg Bedrooms 2.24 beds
Avg Bathrooms 1.82 baths

Average Price by Bedrooms

2 bedrooms $365,579
3 bedrooms $581,999
4 bedrooms $546,628
5 bedrooms $482,571
Sylvan Lake Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 99 110 130 150 157
Average Price $810,977 $758,167 $701,036 $642,509 $638,985
Avg Price Change +6.97% +8.15% +9.11% +0.55% +8.19%
Median Price $484,261 $464,128 $418,582 $409,323 $394,818
Med Price Change +4.34% +10.88% +2.26% +3.67% +2.86%
Avg Bedrooms 2.25 beds 2.24 beds 2.28 beds 2.33 beds 2.11 beds
Avg Bathrooms 1.82 baths 1.75 baths 1.8 baths 1.8 baths 1.7 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 98 $813,241 103 days
Multi-Million Dollar Homes 15 $2,734,197 152 days
Newly Built Homes 21 $644,626 64 days
Reduced Price Homes 2 $354,900 46 days

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

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