Westlock
Westlock

Westlock Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

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.

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*

17

New

14(0% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 30, in 2023: 2, in 2022: -

Total Sold Listings*

-

Median Sold Price

-

Avg Days on Market

- days

Median Bidding

-

Compared to number of sold, same period, in 2024: 0, in 2023: 0, in 2022: -

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Westlock - All types

Sold Price Distribution - Westlock - All types

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

Property Type Distribution - Westlock - All types

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

Median Price - Westlock - All types

Population and Demographics

Overview

Total population 4538
Average household income $95,747

Age (%)

65 and plus
29%
0 to 19
20%
50 to 64
18%
35 to 49
17%
20 to 34
15%

Household composition (%)

Single family
56%
Single person
38%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
89%
Others
4%
Tagalog (Pilipino, Filipino)
3%
French
1%
German
1%

House tenancy (%)

Owners
68%
Renters
32%

Top 3 Schools in Westlock

St. Mary Catholic School9916 - 97 Street, T7P 2G2, Westlock, AB
7.4/10
Public•
Richard F Staples Secondary School10015 - 104 Street, T7P 1T8, Westlock, AB
6/10
Public•
Westlock Elementary School10515 - 106A Street, T7P 2E7, Westlock, AB
5.5/10
Public•