Westmount
Westmount

Westmount Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

1

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.

48

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*

4

New

5(-54.55% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 11, in 2023: 2, in 2022: 1

Total Sold Listings*

5

Median Sold Price

$710,000

Avg Days on Market

48 days

Median Bidding

$20,100

Compared to number of sold, same period, in 2024: 8, in 2023: 2, in 2022: 9

*Data is for the month of March

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 sold - Westmount

View all

Population and Demographics

Overview

Total population 4675
Average household income $119,211

Age (%)

65 and plus
30%
0 to 19
20%
50 to 64
20%
35 to 49
16%
20 to 34
14%

Household composition (%)

Single family
65%
Single person
31%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
94%
Others
4%
French
2%

House tenancy (%)

Owners
61%
Renters
39%

Top 2 Schools in Westmount

Westmount Public School1520 Sherwood Cres, K9J 6T8, Peterborough, ON
6.3/10
Public•JK-8
St. Teresa Catholic Elementary School1525 Fairmount Blvd, K9J 6S9, Peterborough, ON
6.1/10
Public•JK-8

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

3/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

2/5

Some restaurants within walking distance