Sylvan Lake Housing Market Statistics
Searching for Sylvan Lake housing market statistics in Sylvan Lake? Trusted Sylvan Lake Neighbourhood Experts community of Top Sylvan Lake real estate agents with comprehensive housing market reports, trends, prices and sales data. Our monthly analytics provide insights into the Sylvan Lake housing market, including supply and demand, neighborhood housing prices, and affordability.
We analyze Sylvan Lake housing market statistics, trends, declines, days on market and house values to give you a clear understanding of housing availability, prices, past sales, and relevant market data in Sylvan Lake.
Sylvan Lake Real Estate Market Report and Trends
Searching for Sylvan Lake market reports and trends? Our REALTOR® partners are neighborhood experts in Sylvan Lake. Sylvan Lake REALTORS® can provide you with community demographics and statistics including details on household incomes, age, marital status and population living in private households.
- Currently 167 active homes for sale in Sylvan Lake
- Average price of real estate in Sylvan Lake: 605,445.91
- Highest priced listing in : 5,000,000.00
- View current real estate market trends in Sylvan Lake
- Explore homes for rent in Sylvan Lake
Frequently Asked Questions
As of September 2025, the Sylvan Lake Real Estate reports:
- 167 active properties for sale
- Highest priced property: 5,000,000.00
- Lowest priced property: 18,000.00
- Average price: 605,445.91
Yes, Sylvan Lake remains a strong seller's market with:
- Inventory: 1.5 months supply (balanced markets need 4-6)
- Sales-to-list ratio: 75% (above 60% indicates seller's market)
- Price reductions: Only 18% of listings reduce price
According to CREB's 2025 Q2 report, top areas by demand:
| Area | Price Range | Days on Market |
|---|---|---|
| Evanston (NW) | $500k-$700k | 9 |
| Auburn Bay (SE) | $600k-$900k | 11 |
| Bridgeland (Inner City) | $400k-$1.2M | 14 |
Despite Bank of Canada's 5% policy rate (June 2025):
- Calgary sales volume remains 12% above 5-year average
- 55% of buyers are opting for adjustable-rate mortgages
- New stress test rules allow 1% lower qualifying rate for insured mortgages
2025 Alberta Programs:
- First Home Savings Account (FHSA): $8,000/year contribution limit
- Alberta Home Buyer Program: 5% shared equity (max $50,000)
- City of Calgary Rebates: Up to $5,000 for energy-efficient homes
- Reduced Transfer Tax: $0 on first $450,000 for homes under $600k
Market indicators suggest:
- Price forecast: CREB predicts 6-8% appreciation through 2025
- Rent vs Buy: Average mortgage payments now 15% cheaper than equivalent rents
- Construction: Only 2,800 new units expected in 2024 (demand for 5,000+)
Most analysts recommend buying if you plan to hold for 5+ years.
Beyond purchase price, budget for:
| Cost | Typical Range |
|---|---|
| Property Transfer Tax | $200-$5,000 |
| Home Inspection | $400-$700 |
| Legal Fees | $1,000-$2,500 |
| Property Tax Adjustment | 0.5-1.5% of home value |
Sylvan Lake Housing Market Trends
The Sylvan Lake housing market trends are influenced by economic conditions, interest rates, demographic shifts, and supply/demand dynamics. Recent years have seen low interest rates fueling demand and creating a seller's market with rising prices and limited inventory. The COVID-19 pandemic also shifted housing preferences toward larger homes and suburban/rural areas. These trends continue to evolve, making it important to monitor economic indicators and local market factors.
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Sylvan Lake Price Trends
Current Sylvan Lake housing market data (updated September 17th 12:00pm):
- 167 active properties for sale
- Highest priced property: 5,000,000.00
- Lowest priced property: 18,000.00
- Average price: 605,445.91
Property types include single-family homes, townhomes, and new construction. View detailed Sylvan Lake real estate statistics.
Sylvan Lake Community Statistics
All community statistics are verified from direct community experience, whether from residents or professional visits. Our statistics provide valuable insights to help you evaluate if Sylvan Lake is right for you.
Sylvan Lake Real Estate Market
Search Sylvan Lake homes for sale by market segment. View our average sale price charts and current trends for a comprehensive market overview. With extensive property tax data, we offer one of the most effective real estate research tools in Alberta.
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