Westmount, Peterborough - September 2026 Real Estate Report

Westmount, Peterborough: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you live in Westmount and you haven't checked your HonestDoor Price lately, now is the time. The market here isn't crashing - it's just catching its breath. Here's what's actually happening for us, broken down by property type.

Houses in Westmount

The average HonestDoor Price for a house here sits at $726,435, down a slim 0.53% from last period. That's not a red flag - that's a rounding error. What matters more is the forward-looking number: the predicted market value is $730,333, which is already climbing past the 3-month moving average of $727,029. The trend is pointing up.

• Average HonestDoor Price: $726,435
• Predicted Market Value: $730,333
• 3-Month Moving Average: $727,029
• Recent Value Change: +2.16%
• Growth Rank: 10 out of 24 Peterborough neighbourhoods - solidly above average
• Estimated Monthly Rent: $3,388
• Rental Yield: 5.19% - that's a strong return by any measure
• Airbnb Estimate: $168 per night (Airbnb rank 8 in Peterborough)

A 5.19% rental yield on a house is genuinely good. If you're a landlord in Westmount, your numbers are working for you. And that Airbnb rank of 8 in the city means short-term rental demand here is real, not just theoretical.

How do we stack up against the neighbours? Jackson Creek houses are priced higher at $757,660, so Westmount still offers a relative entry point into this part of the city. Bonnerworth ($616,587) and Greenhill ($634,896) are cheaper, which tells you Westmount is holding its own as the mid-to-upper tier of this pocket of Peterborough.

Condos in Westmount

The condo picture is a bit more nuanced. The average HonestDoor Price is $574,709, down 0.41%. The predicted value of $577,096 is essentially flat against the 3-month moving average of $577,391. Values have shifted -3.68% recently, so condos here are taking a real breather right now.

• Average HonestDoor Price: $574,709
• Predicted Market Value: $577,096
• 3-Month Moving Average: $577,391
• Recent Value Change: -3.68%
• Growth Rank: 5 out of 22 Peterborough neighbourhoods - still above average
• Estimated Monthly Rent: $2,791 to $2,792
• Rental Yield: 3.68% - moderate, but consistent
• Airbnb Estimate: $139 per night

Here's the thing though - a growth rank of 5 out of 22 for condos is nothing to dismiss. Even with the recent dip, Westmount condos are outperforming most of the city on the leaderboard. Jackson Creek condos ($470,362) and Greenhill ($447,723) are both cheaper, which means Westmount condo owners are sitting on a premium product in this market.

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

Here's something most Westmount homeowners don't think about until it's too late. Your city tax assessment is a snapshot from the past - sometimes years old. It has no idea what your street looked like last spring, what your neighbour's renovation did to comparable sales, or what buyers are actually paying right now.

The HonestDoor Price is updated in real time. It pulls from actual market activity, not a government spreadsheet that gets refreshed every few years. Right now, the predicted house value of $730,333 is already running ahead of the 3-month average. If you're relying on your assessment to know what your home is worth, you're flying blind.

Check your HonestDoor Price today. It takes 30 seconds and it's the closest thing to a real-world answer you're going to get without calling an agent.

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

For house sellers, the timing is reasonable. Values are nudging upward, the predicted price is above the recent average, and a 2.16% recent gain gives you something to work with. You're not at a peak, but you're not at a bottom either. Summer inventory tends to rise, which means more competition - so if you're serious, getting your listing in front of buyers sooner rather than later makes sense.

For condo sellers, be honest with yourself. The -3.68% recent shift means buyers have options and they know it. That doesn't mean you can't sell well - it means you need to price sharp from day one. An overpriced condo in a softening micro-market sits. A well-priced one still moves.

Either way, the first step is knowing your real number. Not what the city assessed you at. Not what your neighbour thinks their place is worth. Your actual HonestDoor Price - the one that reflects what's happening on Westmount streets right now.

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.