Westview
Westview

Westview Housing Market Report

Buyer's Market

All types - for the month of March

Buyer's market Seller's market

5

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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

16

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*

43

New

28(+40.00% YoY)

Relisted

4(+300.00% YoY)

Compared to number of active, same period, in 2024: 19, in 2023: 0, in 2022: 3

Total Sold Listings*

8

Median Sold Price

$815,000

Avg Days on Market

16 days

Median Bidding

$17,550

Compared to number of sold, same period, in 2024: 12, in 2023: 4, in 2022: 8

*Data is for the month of March

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

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

Sold Price Distribution - Westview - All types

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

Property Type Distribution - Westview - All types

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

Median Price - Westview - All types

Just listed - Westview

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Just sold - Westview

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Population and Demographics

Overview

Total population 2818
Average household income $151,669

Age (%)

0 to 19
23%
50 to 64
22%
35 to 49
20%
65 and plus
18%
20 to 34
16%

Household composition (%)

Single family
79%
Single person
17%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
88%
Others
5%
Portuguese
3%
Spanish
1%

House tenancy (%)

Owners
91%
Renters
9%

Top 2 Schools in Westview

St Augustine Catholic Elementary School177 Bismark Dr, N1S 4Y2, Cambridge, ON
7.2/10
Public•JK-8
Blair Road Public School85 Sunset Blvd, N1S 1A9, Cambridge, ON
6.3/10
Public•JK-6

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

2/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

1/5

No grocery stores within walking distance

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