Real Estate Market Report for
Sylvan Lake, AB

Updated : Aug 2016
House
  • Median price $369,000
  • Monthly growth 34.23 %
  • Quarterly trend
  • Stock on market 4.02%
Apartment
  • Median price $249,900
  • Monthly growth 6.38 %
  • Quarterly trend
  • Stock on market 0.77%
Sylvan Lake Home Price

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Sylvan Lake was Canada’s 925th most expensive suburb by listed median house price this month.

With Sylvan Lake’s median house price at $369,000 in Aug , it is above average compared to the rest of Alberta.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

According to our stats, Sylvan Lake is the neighbourhood that has the 12th most properties available to real estate investors in Alberta.

Alberta has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

If you are looking at investment properties in Sylvan Lake, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

Across the country as a whole, Sylvan Lake is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Sylvan Lake has a median home price of $249,900.

Investors looking for properties in Sylvan Lake are most likely to find 2 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.

Will prices rise across the next year in in Sylvan Lake? There are a number of real estate indicators to consider.

If you are looking at investment properties in Sylvan Lake, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.

Beds Median price (House) Median price (Apartment)
1 bedroom $134,500 $179,900
2 bedrooms $304,825 $244,900
3 bedrooms $314,900 $304,700
4 bedrooms $399,900
5 bedrooms $379,900
Demographics
  • Population density per square kilometre789.4
  • Land area (square km)15.62
  • Population in 201112327
  • Population in 200610250
  • 2006 to 2011 population change (%)20.3
  • Total private dwellings5595
  • Private dwellings occupied by usual residents4602
  • Age Characteristics
    Total population by age groups 12330
    0 to 4 years 1035
    5 to 9 years 920
    10 to 14 years 955
    15 to 19 years 850
    15 years 190
    16 years 185
    17 years 165
    18 years 170
    19 years 140
    20 to 24 years 895
    25 to 29 years 1115
    30 to 34 years 1135
    35 to 39 years 1015
    40 to 44 years 850
    45 to 49 years 880
    50 to 54 years 810
    55 to 59 years 640
    60 to 64 years 415
    65 to 69 years 255
    70 to 74 years 215
    75 to 79 years 130
    80 to 84 years 95
    85 years and over 95
    Median age of the population 31.8
    % of the population aged 15 and over 76.4
  • Marital Status
    Total population 15 years and over by marital status 9420
    Married or living with a common-law partner 5840
    Married (and not separated) 4545
    Living common-law 1295
    Not married and not living with a common-law partner 3580
    Single (never legally married) 2385
    Separated 260
    Divorced 630
    Widowed 305
    Family Characteristics
    Total number of census families in private households 3420
    Size of census family: 2 persons 1520
    Size of census family: 3 persons 775
    Size of census family: 4 persons 745
    Size of census family: 5 or more persons 375
    Total number of census families in private households 3420
    Total couple families by family structure and number of children 2875
    Married couples 2235
    Without children at home 910
    With children at home 1325
    1 child 430
    2 children 585
    3 or more children 305
    Common-law couples 645
    Without children at home 310
    With children at home 335
    1 child 170
    2 children 105
    3 or more children 55
    Total lone-parent families by sex of parent and number of children 540
    Female parent 420
    1 child 225
    2 children 135
    3 or more children 60
    Male parent 125
    1 child 80
    2 children 30
    3 or more children 10
    Total children in census families in private households 4030
    Under six years of age 1200
    6 to 14 years 1680
    15 to 17 years 520
    18 to 24 years 500
    25 years and over 130
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 12180
    Number of persons not in census families 1855
    Living with relatives 205
    Living with non-relatives only 690
    Living alone 960
    Number of census family persons 10325
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 690
    Number of persons not in census families aged 65 years and over 205
    Living with relatives 20
    Living with non-relatives only 15
    Living alone 175
    Number of census family persons aged 65 years and over 485
    Total number of private households by household type 4600
    Census-family households 3365
    One-family-only households 3100
    Couple-family households 2680
    Without children 1125
    With children 1555
    Lone-parent-family households 420
    Other family households 265
    One-family households with persons not in a census family 215
    Couple-family households 135
    Without children 50
    With children 80
    Lone-parent-family households 80
    Two-or-more-family households 50
    Non-census-family households 1235
    One-person households 965
    Two-or-more-person households 275
    Total number of occupied private dwellings by structural type of dwelling 4605
    Single-detached house 3270
    Apartment, building that has five or more storeys 0
    Movable dwelling 165
    Other dwelling 1165
    Semi-detached house 260
    Row house 345
    Apartment, duplex 170
    Apartment, building that has fewer than five storeys 385
    Other single-attached house 0
    Total number of private households by household size 4605
    1 person 960
    2 persons 1560
    3 persons 835
    4 persons 790
    5 persons 320
    6 or more persons 130
    Number of persons in private households 12185
    Average number of persons in private households 2.6
Census 2011

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