WestmountHousing market

Westmount

Westmount Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

14

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.

21

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*

41 active

New

21(+61.54% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 10, in 2023: 2, in 2022: 1

Total Sold Listings*

3 sold

Median Sold Price

$585,000

Avg Days on Market

21 days

Median Bidding

$40,500

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

*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 listed - Westmount

Indoor foyer for 265 Westcourt Pl #605, Waterloo Ontario N2L 6E4

Re-listed 2 days ago

$•••,•••

Up to6K Cashback

265 Westcourt Pl #605, Waterloo

Condo221363 sq ft

Listed by Zolo Realty

Unknown for 223 Erb St #808, Waterloo Ontario N2L 0B3

Re-listed 2 days ago

$•••,•••

Up to3K Cashback

223 Erb St #808, Waterloo

Condo221200-1399 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Open concept kitchen, unknown for 112 ABERDEEN Rd, Kitchener Ontario N2M 2Y7

2 days on market

Up to10K Cashback

112 ABERDEEN Rd, Kitchener

Detached432000-2500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 774 Belmont Ave, Kitchener Ontario N2M 1P4

3 days on market

Up to4K Cashback

774 Belmont Ave, Kitchener

Detached431100-1500 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 34 Severn Ave, Kitchener Ontario N2M 2V2

3 days on market

Up to5K Cashback

34 Severn Ave, Kitchener

Detached331100-1500 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 10 Earl St, Kitchener Ontario N2M 2V4

4 days on market

Up to7K Cashback

10 Earl St, Kitchener

Detached311194.36 sq ft

Listed by MCINTYRE REAL ESTATE SERVICES INC.

Home with vinyl exterior material, street for 532 Dunbar Rd, Kitchener Ontario N2M 2W9

4 days on market

Up to9K Cashback

532 Dunbar Rd, Kitchener

Detached321737 sq ft

Listed by TrilliumWest Real Estate Brokerage

Home with brick exterior material, street for 272 Glasgow St, Kitchener Ontario N2M 2M7

4 days on market

Up to10K Cashback

272 Glasgow St, Kitchener

Detached33+12367 sq ft

Listed by LEAP REAL ESTATE SERVICES INC.

Unknown for 265 Westcourt Pl #808, Waterloo Ontario N2L 6E4

5 days on market

Up to6K Cashback

265 Westcourt Pl #808, Waterloo

Condo221385 sq ft

Listed by MCINTYRE REAL ESTATE SERVICES INC.

Standard kitchen, unknown for 109 Westmount Rd #3, Waterloo Ontario N2L 5G5

Re-listed 6 days ago

Up to6K Cashback

109 Westmount Rd #3, Waterloo

Condo421000-1199 sq ft

Listed by AIMHOME REALTY INC.

Just sold - Westmount

Home with brick exterior material, street for 111 Allen St, Waterloo Ontario N2L 1E6

Sold 8 days ago

Sold for $950,000

$150K above asking

111 Allen St, Waterloo

Detached3+121100-1500 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Unknown for 500 Westmount Rd #310, Kitchener Ontario N2N 5M9

Sold 10 days ago

Sold for $388,000

$12K below asking

500 Westmount Rd #310, Kitchener

Condo221000 sq ft

Listed by ADANA HOMES A CANADIAN REALTY INC., BROKERAGE

Home with brick exterior material, street for 11 Esson St, Kitchener Ontario N2M 2V1

Sold 14 days ago

Sold for $611,000

$14K below asking

11 Esson St, Kitchener

Detached21700-1100 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 500 Westmount Rd #302, Kitchener Ontario N2M 5M9

Sold 17 days ago

Sold for $415,000

$25K above asking

500 Westmount Rd #302, Kitchener

Condo22900-999 sq ft

Listed by Red And White Realty Inc., Brokerage

Home with brick exterior material, street for 268 Westwood Dr, Kitchener Ontario N2M 2L2

Sold 22 days ago

Sold for $675,000

$75K above asking

268 Westwood Dr, Kitchener

Detached32700-1100 sq ft

Listed by RE/MAX Solid Gold Realty (II) Ltd

Home with vinyl exterior material, street for 237 Lourdes St, Waterloo Ontario N2L 1N9

Sold 23 days ago

Sold for $900,000

237 Lourdes St, Waterloo

Detached321500-2000 sq ft

Listed by CORCORAN HORIZON REALTY

Unknown for 222 Westcourt Pl, Waterloo Ontario N2L 2R7

Sold 25 days ago

Sold for $514,900

$20K below asking

222 Westcourt Pl, Waterloo

Townhouse4+13+11929 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 83 Westmount Rd #2, Waterloo Ontario N2L 5G5

Sold 39 days ago

Sold for $585,000

$15K below asking

83 Westmount Rd #2, Waterloo

Condo421200-1399 sq ft

Listed by BAY STREET GROUP INC.

Unknown for 8 Inadale Crt, Kitchener Ontario N2M 2Z8

Sold 44 days ago

Sold for $748,000

$48K above asking

8 Inadale Crt, Kitchener

Detached32700-1100 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 539 Belmont Ave #404, Kitchener Ontario N2M 0A2

Sold 44 days ago

Sold for $605,000

$25K above asking

539 Belmont Ave #404, Kitchener

Condo221000-1199 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Population and Demographics

Overview

Total population 5857

Average household income $139,974

Age (%)

20 to 34

24%

0 to 19

21%

65 and plus

19%

50 to 64

18%

35 to 49

18%

Household composition (%)

Single family

62%

Single person

31%

Multi person

6%

Multi family

0%

Mother tongue (%)

English

82%

Others

5%

Arabic

3%

Tigrigna

2%

Spanish

2%

German

2%

Mandarin

2%

House tenancy (%)

Owners

55%

Renters

45%

Top 2 Schools in Westmount

Westmount Public School329 Glasgow St, N2M 2M9, Kitchener, ON

6.7/10

Public•JK-6

Empire Public School83 Empire St, N2L 2M1, Waterloo, ON

6.6/10

Public•JK-6

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

3/5

Some day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

3/5

Some 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

3/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance