Westmount, London - July 2026 Real Estate Report

Westmount, London: Your Neighbour Just Asked What Their House Is Worth - Here's the Real Answer

The Vibe Right Now

If you've been watching the "For Sale" signs in Westmount, here's what's actually happening. The market isn't crashing. It isn't on fire either. It's taking a breather - and depending on whether you own a house or a condo, that breather looks a little different for your wallet.

Houses: Steady, But Watch the Trend

We're seeing houses in Westmount sitting at an average HonestDoor Price of $783,754 - down a modest 1.25% from last period. That's not a alarm bell, but it's worth paying attention to. The one house that sold recently went for $735,000, and listings are sitting around $739,900. Buyers paid 99.34% of list price on average, which means sellers are getting close to what they're asking, but the edge belongs to buyers right now.

• Average HonestDoor Price: $783,754 (down 1.25%)
• Average sale price: $735,000
• Average list price this month: $739,900
• Price per square foot: $262
• Average days on market: 15
• Sale-to-list ratio: 99.34%
• Predicted market value: $793,667
• Estimated monthly rent: $3,553
• Rental yield: 5.10%

Fifteen days on market is actually pretty solid. On the London leaderboard for speed of sale, Westmount houses rank 5 out of 12 neighbourhoods - right in the middle, leaning fast. For price, we rank 6 out of 18, which puts us above average in London. The honest part? Growth rate ranks 37 out of 42 neighbourhoods. We're not leading the pack on appreciation right now. That's the trade-off for buying into a more established, higher-priced area.

One bright spot for investors: a 5.10% rental yield on houses is genuinely strong. If you're renting out, you're not just holding - you're earning. The average rental estimate sits at $3,523 per month, and Airbnb potential comes in around $175 per night, ranking 22nd in London for short-term rental appeal.

Condos: A Bit More Pressure

Our condo picture tells a slightly different story. The average HonestDoor Price for a Westmount condo is $391,540, down 1.04% from last period. The predicted market value is $395,643, but that number is sliding - it's down from a 3-month moving average of $402,085. A 2.37% recent value change is something condo owners should keep an eye on.

• Average HonestDoor Price: $391,540 (down 1.04%)
• Predicted market value: $395,643
• 3-month moving average: $402,085
• Estimated monthly rent: $2,003
• Rental yield: 4.02%
• Airbnb estimate: $98 per night

The condo growth rank is actually more encouraging - 19 out of 39 London neighbourhoods, putting us above average. The rental yield of 4.02% is moderate but respectable. If you own a Westmount condo as an investment, the income story still holds up. If you're thinking about selling, the downward trend in predicted value means sooner is likely better than later.

Worth noting: compared to nearby neighbourhoods, Westmount condos are the most affordable option in this pocket of London. Bostwick condos average $508,970, Byron sits at $581,736, and Talbot is all the way up at $856,737. We're the entry point to this part of the city - and that has real value for buyers priced out of those areas.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's the thing most homeowners don't realize. Your city tax assessment is a snapshot from the past. It's calculated on old data and updated on a slow government schedule. By the time it lands in your mailbox, the market has already moved.

The HonestDoor Price is a real-world check - updated regularly using actual sales data, current listing activity, and neighbourhood trends. Right now, the HonestDoor Price for a Westmount house is $783,754. Your tax assessment almost certainly doesn't reflect that number. If you're making any financial decision - refinancing, selling, even just figuring out your net worth - you want the live number, not the stale one.

Think of the city assessment as a photo from last year. The HonestDoor Price is what your home looks like today.

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

If you're a Westmount homeowner weighing a summer sale, here's the straight talk.

For house owners: you're sitting in a stable market with above-average London pricing and a 15-day average sell time. That's not bad. But the growth rank of 37 out of 42 tells us this isn't a neighbourhood where you wait another year hoping for a big pop. If you're ready, this summer's conditions - buyers still active, sale prices close to list - are a reasonable window. Pricing sharp matters more than ever right now.

For condo owners: the predicted value is drifting down from its 3-month average. Waiting isn't working in your favour. If a sale is on your radar, moving before fall gives you the best shot at capturing value before that slide continues. The good news is you're still the most affordable option compared to nearby neighbourhoods - that's a real selling point to lean on.

Either way, pull your HonestDoor Price before you have a single conversation with an agent. Know your number. It's the only way to walk into that conversation on equal footing.

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.