Westmount, Okotoks - October 2026 Real Estate Report
Westmount, Okotoks: Your Neighbour Just Got a Price Update. Did You?
If you live in Westmount and you haven't checked your home's value lately, here's the honest truth - the market has moved, and your city assessment hasn't kept up. Here's what's actually happening on our streets right now.
The Vibe: Houses vs. Condos in Westmount
Houses - Strong Prices, But Patience Required
We're seeing solid numbers on the house side. The average sale price for houses in Westmount is sitting at $698,333, up 3.7% from last month. That's real money moving in the right direction. Listings are averaging $672,500, and homes are selling at 97.02% of list price - so buyers are getting a small discount, but sellers are still holding most of their ground.
The catch? Homes are sitting for an average of 94 days before selling. That's not a crisis, but it means you need a sharp price and a good strategy going in. The good news is we're still beating Eagle Crest At Westmount, where homes are sitting for 125 days. Compared to our neighbours, Westmount houses are moving faster.
- Average sale price: $698,333 (up 3.7% from last month)
- Average list price: $672,500
- Price per square foot: $318
- Sale-to-list ratio: 97.02%
- Average days on market: 94
- Properties sold in 2026: 36 total transactions
- Growth rank: 8 out of 31 neighbourhoods in Okotoks - above average
- Transaction rank: 3rd in Okotoks - this neighbourhood is active
Condos - Stable, But Watch the Trend
The condo side of Westmount is a different story. We're seeing the predicted market value dip slightly to $452,525, down from a 3-month average of $454,258. That's a -1.49% recent change, and it ranks 14th out of 23 comparable neighbourhoods for growth - below average territory. It's not a freefall, but it's worth paying attention to if you own a condo here.
On the flip side, condos are moving faster - just 23 days on market compared to 94 for houses. And with only 1 condo sold so far in 2026, there isn't a lot of data to work with, so take the trends with some context in mind.
- Average sale price: $490,000
- Average list price: $499,000
- Price per square foot: $492
- Sale-to-list ratio: 98.20%
- Average days on market: 23
- Growth rank: 14 out of 23 neighbourhoods in Okotoks - below average
- Price rank: 3 out of 13 - still above average in price
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what sold on your street last month. It doesn't factor in that buyers are paying $698,333 on average for houses in Westmount right now.
The HonestDoor Price is updated in real time using actual market activity. For houses in Westmount, the average HonestDoor Price is $668,518, up 0.63% from the previous period. For condos, it's $460,725, up 1.81%. These numbers are moving. Your assessment is not.
Think of the HonestDoor Price as the real-world check on what your home is actually worth today - not what a government office decided it was worth based on data that's already months old. If you're making any financial decision tied to your home - refinancing, selling, even just knowing your net worth - the HonestDoor Price is the number you should be looking at first.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Westmount and you're thinking about listing this summer, here's the straight talk. Prices are up, demand is real, and Westmount ranks 3rd in all of Okotoks for total transactions - meaning buyers are coming here. But with homes averaging 94 days on market, you can't just throw a sign in the yard and wait. Pricing it right from day one is everything.
Rental demand is also worth noting. Houses are pulling an estimated $3,188 per month in rent with a 5.31% rental yield. If your summer sale plans fall through, holding and renting is a genuinely strong backup option here.
For condo owners, the picture calls for a bit more urgency. Values have dipped slightly in the short term, and with growth ranking below average in Okotoks, waiting for the market to come to you may not be the best play. The fast 23-day average sale time is your friend - if you price it well, you can still move quickly.
Bottom line - Westmount is one of the more active neighbourhoods in Okotoks, and the data backs that up. Check your HonestDoor Price, know what you're actually sitting on, and make your move with real numbers in hand.
westmount | okotoks | october 2026This 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.