Westmount, Peterborough - October 2026 Real Estate Report
Westmount, Peterborough: Your Neighbour Just Asked What Your House Is Worth - Here Is the Real Answer
The Vibe Right Now
If you live in Westmount and you have been quietly wondering whether the market is still holding up, the short answer is: mostly yes, with a few things worth watching. Prices have dipped slightly, but this is not a freefall - it is more of a breather after a strong run. Here is how houses and condos are each telling a slightly different story.
Houses in Westmount
The average HonestDoor Price for a house here sits at $723,141, down a very modest 0.45% from the previous period. The predicted market value is actually a touch higher at $726,435, and that number is trending up against the 3-month moving average of $723,878. So while the recent change of -0.53% sounds like a negative, the forward-looking signal is pointing in the right direction.
- Average HonestDoor Price: $723,141
- Predicted Market Value: $726,435
- 3-Month Moving Average: $723,878
- Estimated Monthly Rent: $3,357 to $3,372
- Rental Yield: 5.20% - that is a strong return
- Airbnb Estimate: $167 to $168 per night
- Neighbourhood Growth Rank: 10 out of 24 in Peterborough - solidly above average
That 5.20% rental yield is the number we should all be paying attention to. For context, a lot of investors chase yields under 4% in bigger cities. Westmount houses are punching above their weight on that front. And landing at 10 out of 24 on the Peterborough neighbourhood leaderboard means we are in the top half - not leading the pack, but holding our own against 24 comparable areas.
How do we stack up against the neighbours? Jackson Creek is right on our heels at $724,000 - basically a coin flip. Bonnerworth comes in cheaper at $619,259, and Greenhill sits at $630,107. Westmount houses are priced at the top of this local cluster, which tells you something about what buyers think of the area.
Condos in Westmount
The condo picture is a bit more cautious. The average HonestDoor Price is $565,563, down 1.59% from the previous period. The predicted value of $574,709 is also sitting below the 3-month moving average of $583,643 - meaning the trend line for condos is currently pointing down, not up.
- Average HonestDoor Price: $565,563
- Predicted Market Value: $574,709
- 3-Month Moving Average: $583,643
- Estimated Monthly Rent: $2,748 to $2,791
- Rental Yield: 3.69% - moderate, not spectacular
- Airbnb Estimate: $137 to $139 per night
- Neighbourhood Growth Rank: 10 out of 22 in Peterborough - still above average
The 3.69% rental yield on condos is decent but not the headline story. If you own a Westmount condo as an investment, it is working - just not as hard as a house would. On the neighbourhood leaderboard, condos rank 10 out of 22, which again puts us in the above-average tier. Compared to nearby areas, Westmount condos are priced well above Jackson Creek ($440,492) and Greenhill ($422,426), though Bonnerworth condos are running much higher at $778,019.
The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the thing about your city assessment: it is a snapshot from the past. The city looks at sale data from a fixed reference point and locks in a number that can be months or even years out of date by the time it lands in your mailbox. That number drives your property tax bill, but it has almost nothing to do with what a buyer would actually pay for your home today.
The HonestDoor Price is updated in real time. It pulls from current sales, current market movement, and current neighbourhood trends. Right now, for a Westmount house, that gap between the static assessment and the live HonestDoor Price could mean tens of thousands of dollars of equity you are either sitting on or missing in your calculations. With values at $723,141 on the house side and a predicted value nudging up to $726,435, knowing your real number is not just interesting - it is useful. Especially if you are thinking about refinancing, selling, or just figuring out where you actually stand.
Check your HonestDoor Price before you do anything else. It takes about 30 seconds and it is the most honest number you are going to get without hiring an appraiser.
The So What - Thinking About Selling This Summer?
If you own a house in Westmount and you are weighing a summer sale, the data gives you a reasonable case for moving forward. The predicted value is trending up against the 3-month average, the rental demand is strong at $3,357 per month, and the neighbourhood is holding a top-half ranking on the Peterborough leaderboard. Buyers looking at Westmount are comparing you directly to Jackson Creek at nearly the same price point - so presentation and pricing precision matter a lot right now.
If you own a condo, be a little more strategic. The predicted value is currently running below the 3-month moving average, which means the short-term momentum is working against you. That does not mean do not sell - it means price it right from day one. An overpriced Westmount condo in this environment will sit, and sitting costs you money.
Either way, the first step is the same: pull your HonestDoor Price, compare it to what you think you know, and go from there. The market is not on fire, but it is not broken either. For the right property at the right price, Westmount still has buyers paying attention.
westmount | peterborough | 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.