WestmountHousing market

Westmount

Westmount Housing Market Report

Balanced Market

All types - for the month of June

Buyer's market Seller's market

4

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.

27

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*

52 active

New

42(+20.00% YoY)

Relisted

4(+100.00% YoY)

Compared to number of active, same period, in 2024: 51, in 2023: 23, in 2022: 38

Total Sold Listings*

14 sold

Median Sold Price

$682,000

Avg Days on Market

27 days

Median Bidding

-$15,700

Compared to number of sold, same period, in 2024: 22, in 2023: 19, in 2022: 19

*Data is for the month of June

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

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

Sold Price Distribution - Westmount - All types

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

Property Type Distribution - Westmount - All types

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

Median Price - Westmount - All types

Just listed - Westmount

Home with brick exterior material, street for 681 Commissioners Rd #3, London South Ontario N6K 4T9

4 days on market

Up to4K Cashback

681 Commissioners Rd #3, London South

Condo2+131400-1599 sq ft

Listed by SUTTON GROUP PREFERRED REALTY INC.

Home with vinyl exterior material, street for 608 Village Green Ave, London South Ontario N6K 1G5

4 days on market

Up to3K Cashback

608 Village Green Ave, London South

Detached331500-2000 sq ft

Listed by KELLER WILLIAMS LIFESTYLES

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, forest/trees view for 545 Westmount Dr, London South Ontario N6K 1X6

4 days on market

Up to9K Cashback

545 Westmount Dr, London South

Detached211500-2000 sq ft

Listed by SUTTON GROUP PAWLOWSKI & COMPANY REAL ESTATE BROKERAGE INC.

Home with brick exterior material, street for 534 Cranbrook Rd, London South Ontario N6K 2X3

4 days on market

Up to2K Cashback

534 Cranbrook Rd, London South

Condo211200-1399 sq ft

Listed by STREETCITY REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 602 Jamaica St, London South Ontario N6K 1E7

5 days on market

Up to6K Cashback

602 Jamaica St, London South

Detached543000-3500 sq ft

Listed by ROYAL LEPAGE TRILAND ROBERT DILORETO REALTY

Home with brick exterior material, street for 714 CRANBROOK Rd, London South Ontario N6K 1W9

Re-listed 6 days ago

$•••,•••

Up to4K Cashback

714 CRANBROOK Rd, London South

Detached432000-2500 sq ft

Listed by ROYAL LEPAGE TRILAND REALTY

Home with brick exterior material, street for 146 Knights Bridge Rd, London South Ontario N6K 4V7

Re-listed 6 days ago

$•••,•••

Up to5K Cashback

146 Knights Bridge Rd, London South

Detached331500-2000 sq ft

Listed by The Realty Firm Inc.

Home with brick exterior material, street for 63 KNIGHTS BRIDGE Rd, London South Ontario N6K 3P2

Re-listed 7 days ago

$•••,•••

Up to4K Cashback

63 KNIGHTS BRIDGE Rd, London South

Detached432000-2500 sq ft

Listed by COLDWELL BANKER POWER REALTY

Home with brick exterior material, street for 661 Cranbrook Rd, London South Ontario N6K 1W8

Re-listed 7 days ago

$•••,•••

Up to4K Cashback

661 Cranbrook Rd, London South

Detached432000-2500 sq ft

Listed by SUTTON GROUP PREFERRED REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 795 Commissioners Rd, London South Ontario N6K 1C1

Sold cond. - Escape clause

$•••,•••

Up to5K Cashback

795 Commissioners Rd, London South

Detached3+121100-1500 sq ft

Listed by ROYAL LEPAGE TRILAND REALTY

Just sold - Westmount

Unknown for 76 KNIGHTS BRIDGE Rd, London South Ontario N6K 3R4

Sold 3 days ago

Sold for $800,000

76 KNIGHTS BRIDGE Rd, London South

Detached442000-2500 sq ft

Listed by COLDWELL BANKER POWER REALTY

Home with brick exterior material, unknown for 992 Farnham Rd, London South Ontario N6K 1S1

Sold 5 days ago

Sold for $465,000

$14K below asking

992 Farnham Rd, London South

Condo321200-1399 sq ft

Listed by CENTURY 21 FIRST CANADIAN CORP

Home with brick exterior material, street for 800 Longworth Rd, London South Ontario N6K 0B5

Sold 6 days ago

Sold for $1,030,000

$16K below asking

800 Longworth Rd, London South

Detached5+152500-3000 sq ft

Listed by ROYAL LEPAGE TRILAND REALTY

Unknown for 638 Cranbrook Rd, London South Ontario N6K 1W6

Sold 6 days ago

Sold for $684,000

$16K below asking

638 Cranbrook Rd, London South

Detached4+131500-2000 sq ft

Listed by COLDWELL BANKER POWER REALTY

Home with vinyl exterior material, street for 20 Leland Pl, London South Ontario N6K 1S6

Sold 7 days ago

Sold for $780,000

$39K below asking

20 Leland Pl, London South

Detached431500-2000 sq ft

Listed by SUTTON GROUP - SELECT REALTY

Indoor foyer for 744 Wonderland Rd #1106, London South Ontario N6K 4K3

Sold 7 days ago

Sold for $400,000

$16K below asking

744 Wonderland Rd #1106, London South

Condo221200-1399 sq ft

Listed by BLUE FOREST REALTY INC.

Home with vinyl exterior material, street for 2 Dalhousie Cres, London South Ontario N6K 1N6

Sold 8 days ago

Sold for $490,000

$9K below asking

2 Dalhousie Cres, London South

Condo321400-1599 sq ft

Listed by A TEAM LONDON

Unknown for 669 Woodcrest Blvd, London South Ontario N6K 1P8

Sold 12 days ago

Sold for $465,000

$34K below asking

669 Woodcrest Blvd, London South

Condo431800-1999 sq ft

Listed by SUTTON GROUP - SELECT REALTY

Home with brick exterior material, street for 10 Mountainview Cres, London South Ontario N6J 4N1

Sold 13 days ago

Sold for $832,500

$17K below asking

10 Mountainview Cres, London South

Detached432000-2500 sq ft

Listed by ONE PERCENT REALTY LTD.

Home with vinyl exterior material, street for 41 Farnham Cres, London South Ontario N6K 1K2

Sold 13 days ago

Sold for $720,000

$20K above asking

41 Farnham Cres, London South

Detached3+131100-1500 sq ft

Listed by PRIME REAL ESTATE BROKERAGE

Population and Demographics

Overview

Total population 20447

Average household income $123,158

Age (%)

0 to 19

21%

20 to 34

17%

35 to 49

17%

50 to 64

20%

65 and plus

24%

Household composition (%)

Single family

66%

Single person

30%

Multi person

4%

Multi family

0%

Mother tongue (%)

English

82%

Arabic

6%

Others

3%

Spanish

3%

French

1%

Polish

1%

Portuguese

1%

House tenancy (%)

Owners

58%

Renters

42%

Top 3 Schools in Westmount

Westmount Public School1011 Viscount Rd, N6K 1H5, London, ON

6.3/10

Public•JK-8

Saunders Secondary School941 Viscount Rd, N6K 1H5, London, ON

5.3/10

Public•9-12

W Sherwood Fox Public School660 Steeplechase Dr, N6J 3P4, London, ON

4.5/10

Public•JK-8

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

1/5

Few 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

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance