Westmount, Edmonton - September 2026 Real Estate Report

Westmount Real Estate Check-In: Your Neighbour Probably Doesn't Know This Yet

If you own a home in Westmount and you haven't looked at your HonestDoor Price lately, you're likely leaving money on the table - or at least walking around with the wrong number in your head. Here's what's actually going on in our corner of Edmonton right now.

The Vibe: Houses vs. Condos

Houses - The Market Is Moving

If you've been watching the "For Sale" signs on our streets, here's what's actually happening. Houses in Westmount are selling at an average of $863,800 this month - that's up 10.4% from last month. Ten sales closed, and sellers are getting 99.36% of their asking price. Buyers are paying close to full price, and properties are moving in an average of 44 days.

• Average sale price: $863,800 (up 10.4% month over month)
• Average listing price: $617,975
• Price per square foot: $454
• Average days on market: 44
• Properties sold this month: 10
• Sale-to-list ratio: 99.36%

The predicted market value for a Westmount house sits at $687,820 right now, which is trending up from the 3-month moving average of $680,483. That's a real signal. Values aren't stalling - they're climbing. On the neighbourhood leaderboard, Westmount houses rank 62 out of 291 Edmonton neighbourhoods for growth, putting us solidly in above-average territory. For price, we rank 28 out of 285 - meaning we're among the most expensive neighbourhoods in the city. That's not a bad place to be.

Rental income is also worth noting. Estimated rent comes in at $3,171 per month with a rental yield of 5.29%. If you're thinking about holding a property as an investment, that's a strong return by Edmonton standards.

Condos - Taking a Breather

The condo side of Westmount tells a different story right now. Average sale prices came in at $160,833 this month, down 5.4% from last month. Six condos sold, sitting on the market for an average of 34 days, and buyers paid 97.72% of list price. Prices are softening a little - no panic, but worth watching.

• Average sale price: $160,833 (down 5.4% month over month)
• Average listing price: $175,450
• Price per square foot: $210
• Average days on market: 34
• Properties sold this month: 6
• Sale-to-list ratio: 97.72%

The predicted market value for a Westmount condo is $248,639, which is actually dipping slightly below the 3-month moving average of $250,449. On the neighbourhood leaderboard, condos rank 121 out of 302 for growth - above average, but not leading the pack. For price rank, we sit at 162 out of 216, which puts Westmount condos below average in price compared to other Edmonton neighbourhoods. That's actually useful information if you're a buyer - you're getting into a well-located neighbourhood without paying a premium price for the unit itself.

Rental yield on condos is 4.21%, which is moderate. Estimated rent is $1,223 per month. Not a home run, but not a bad number either.

The Secret Sauce: Your HonestDoor Price vs. That Government Assessment

Here's the thing most Westmount homeowners don't realize. The city's assessed value is a snapshot from the past. It doesn't update when the market moves. Your HonestDoor Price is a real-world check - it pulls in current market activity to give you a number that actually reflects what buyers are doing right now.

For houses in Westmount, the average assessed value is $649,158. The average HonestDoor Price is $677,710. That's a gap of roughly $28,500 - and it's 4.40% higher than the city's average assessed value across Edmonton. If you're making decisions based on your tax assessment alone, you're working with a number that's already behind.

For condos, the gap is even more striking. The average assessed value is $197,741, but the average HonestDoor Price is $249,521. That's 26.19% higher than the Edmonton average assessed value. The city's number and the real-world number are not the same conversation.

• House HonestDoor Price: $677,710 vs. assessed value of $649,158
• Condo HonestDoor Price: $249,521 vs. assessed value of $197,741
• House HD Price change: down 1.41% from last period
• Condo HD Price change: up 0.35% from last period

The house HonestDoor Price has dipped 1.41% recently, which is worth knowing before you price anything. The condo HonestDoor Price is nudging up 0.35%. Small moves, but they matter when you're deciding when to list.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Westmount and you've been sitting on the fence, the data is giving you a nudge. Sale prices are up sharply month over month, buyers are paying near full asking price, and our neighbourhood ranks in the top 10% for price in Edmonton. That's a combination sellers want to see. The window feels open right now.

For condo owners, the honest answer is: this summer is a bit more competitive. Prices softened last month, and buyers have a little more leverage than they did. That doesn't mean you can't sell well - it means pricing it right from day one matters more than ever. Check your HonestDoor Price before you have that first conversation with an agent.

One more thing worth knowing. Westmount had 77 house transactions and 48 condo transactions in 2026 so far, across 1,414 assessed house properties and 1,221 assessed condo properties. We rank 25th in Edmonton for total house transaction volume. That's real liquidity - buyers are active here, not just browsing.

Compared to neighbours like Glenora, where house prices average $1,057,852, Westmount still offers a more accessible entry point into this part of the city. North Glenora comes in cheaper at $574,882 but is growing slower. We sit in a solid middle ground - established, well-priced, and moving.

Bottom line: pull up your HonestDoor Price today. It takes two minutes and it's the most current number you'll find. Don't walk into a summer selling decision with last year's assessment in your back pocket.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.