Westmere South
Westmere South

Westmere South Housing Market Report

Seller's Market

All types - for the month of April

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.

29

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*

14

New

12(+33.33% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 5, in 2023: 11, in 2022: -

Total Sold Listings*

5

Median Sold Price

$724,900

Avg Days on Market

29 days

Median Bidding

-$14,900

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

*Data is for the month of April

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 sold - Westmere South

View all

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