Westmount house market — May 2026

Market context: house in Westmount

The residential market in this neighbourhood of Westmount during May 2026 recorded 15 documented sales transactions, establishing a median price of $2,575,000. This neighbourhood median sits 14.4 percent above the median for all of Westmount over the trailing 12 months, which stood at $2,250,000 across 164 sales citywide, positioning this area as one of the city's more expensive residential districts. The average transaction price across the 15 sales reached $3,149,333, reflecting a mix of properties at varying price points within this established neighbourhood. The average days on market for these transactions was 57 days, indicating a measured pace of sales activity. This timeframe suggests neither a rushed market nor an oversupplied one, but rather a balanced scenario where buyers have adequate time to evaluate properties while sellers can reasonably expect genuine interest within a two-month window. The neighbourhood has maintained a steady approach to property transactions rather than displaying urgency on either side of negotiations. Among the 15 documented sales, the average sale-to-asking price ratio was 0.957, meaning properties in this sample sold at approximately 95.7 percent of their asking prices on average. This ratio reveals that sellers held modest pricing power during this period, with most transactions closing slightly below initial listing prices. The data indicates a generally balanced negotiating environment, where neither buyers nor sellers possessed overwhelming leverage in closing arrangements. The building profile within these 15 transactions reflects a neighbourhood dominated by mature housing stock. Ninety-three percent of the properties sold were constructed before 1980, while 7 percent dated from the 1980 to 2010 period, and no properties from after 2010 were among the documented sales. This composition underscores the established, historically developed character of the neighbourhood, with the vast majority of properties representing homes built during earlier decades of urban development in Westmount. Regarding purchase due diligence, one-third of the 15 sales were concluded without a legal warranty of quality, a proportion that reflects standard market practice and warrants the customary inspection protocols and investigative checks that buyers routinely conduct during any residential transaction in this market. This represents a normal element of real estate acquisition where informed purchasers verify property condition through their own professional channels. For buyers, this neighbourhood presents stable, established properties in a sought-after location with predictable transaction timelines. For sellers, the market demonstrates consistent buyer interest with modest discounting from initial asking prices, supporting realistic listing strategies. To understand current valuations and market dynamics more precisely, consider using the real estate estimator tool tailored to this neighbourhood and current conditions.

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