Westmere SouthHousing market

Westmere South

Westmere South Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

3

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

46

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

10 active

New

6(+100.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 2, in 2023: 9, in 2022: -

Total Sold Listings*

3 sold

Median Sold Price

$379,000

Avg Days on Market

46 days

Median Bidding

-$12,000

Compared to number of sold, same period, in 2024: 3, in 2023: 5, in 2022: -

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Westmere South - All types

Sold vs Active vs New vs Relisted - Westmere South - All types

Sold Price Distribution - Westmere South - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Westmere South - All types

Property type distribution based on data from the last 3 months.

Median Price - Westmere South - All types

Just listed - Westmere South

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1 day on market

256 Springmere Way, Chestermere

Detached3+14+12001.26 sq ft

Listed by Real Estate Professionals Inc.

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2 days on market

235 Hawkmere Rd, Chestermere

Detached3+14+12253.62 sq ft

Listed by eXp Realty

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9 days on market

280 Stonemere Pl, Chestermere

Townhouse3+13+11224.20 sq ft

Listed by RE/MAX Key

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10 days on market

248 Willowmere Close , Chestermere

Detached4+24+12638.13 sq ft

Listed by Real Broker

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13 days on market

111 Oakmere Green, Chestermere

Detached3+14+12246.00 sq ft

Listed by Real Broker

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15 days on market

144 Hawkmere View, Chestermere

Detached33+11852.00 sq ft

Listed by Century 21 Masters

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21 days on market

$•••,•••

125 Hawkmere Close, Chestermere

Detached4+24+12583.20 sq ft

Listed by Real Broker

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22 days on market

$•••,•••

227 Hawkmere View, Chestermere

Detached1+23+11438.00 sq ft

Listed by Stonemere Real Estate Solutions

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23 days on market

119 Springmere Pl, Chestermere

Detached3+24+12083.75 sq ft

Listed by eXp Realty

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30 days on market

$•••,•••

218 Invermere Dr, Chestermere

Detached34+11982.29 sq ft

Listed by Real Broker

Just sold - Westmere South

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Sold 5 days ago

Sold for $677,500

$23K below asking

307 Springmere Link, Chestermere

Detached34+12335.00 sq ft

Listed by eXp Realty

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Sold 7 days ago

Sold for $724,900

$5K below asking

253 Springmere Way, Chestermere

Detached53+12466.43 sq ft

Listed by RE/MAX Complete Realty

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Sold 9 days ago

Sold for $740,000

$15K below asking

257 Hawkmere Close, Chestermere

Detached4+13+12329.88 sq ft

Listed by RE/MAX Real Estate (Central)

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Sold 22 days ago

Sold for $748,000

$20K below asking

155 Springmere Close, Chestermere

Detached4+14+12099.30 sq ft

Listed by CIR Realty

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Sold 25 days ago

Sold for $721,000

244 Windermere Dr, Chestermere

Detached3+331678.00 sq ft

Listed by URBAN-REALTY.ca

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Sold 33 days ago

Sold for $366,500

$14K below asking

264 stonemere Pl, Chestermere

Townhouse3+13+11156.96 sq ft

Listed by CIR Realty

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Sold 41 days ago

Sold for $688,000

$12K below asking

140 Springmere Dr, Chestermere

Detached34+12260.00 sq ft

Listed by MaxWell Capital Realty

pillar/IMG-A2187338_1.jpg

Sold 49 days ago

Sold for $379,000

$11K below asking

163 Stonemere Pl, Chestermere

Townhouse3+13+11190.00 sq ft

Listed by RE/MAX House of Real Estate

pillar/IMG-A2193384_1.jpg

Sold 57 days ago

Sold for $517,000

108 SPRINGMERE Grove, Chestermere

Semi-Detached33+12060.00 sq ft

Listed by Stonemere Real Estate Solutions

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Sold 65 days ago

Sold for $359,000

$11K below asking

248 Stonemere Pl, Chestermere

Townhouse3+13+11230.88 sq ft

Listed by eXp Realty

Population and Demographics

Overview

Total population 1851

Average household income $152,569

Age (%)

0 to 19

31%

35 to 49

25%

50 to 64

19%

20 to 34

17%

65 and plus

9%

Household composition (%)

Single family

86%

Single person

9%

Multi family

2%

Multi person

2%

Mother tongue (%)

English

66%

Punjabi (Panjabi)

14%

Vietnamese

6%

Tagalog (Pilipino, Filipino)

2%

Arabic

2%

Spanish

1%

Urdu

1%

Yue (Cantonese)

1%

Others

1%

House tenancy (%)

Owners

89%

Renters

11%

Top 2 Schools in Westmere South

St. Gabriel the Archangel197 Invermere Drive, T1X 1M7, Chestermere, AB

7.7/10

Public•

Prairie Waters Elementary School201 Invermere Drive, T1X 1M6, Chestermere, AB

5.1/10

Public•

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

0/5

No transit options

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

2/5

Few or no restaurants within walking distance