Westmount, Westmount - August 2026 Real Estate Report

Westmount Real Estate Right Now: Your Neighbour Isn't Telling You This

If you own a home or condo in Westmount, you already know this is one of Montreal's most coveted addresses. But knowing your property is valuable and knowing exactly what it's worth today are two very different things. Here's the real picture, no fluff.

The Vibe: What's Actually Happening on Our Streets

Let's break it down by property type, because houses and condos are telling slightly different stories right now.

Houses

The average sale price for a house in Westmount is sitting at $2,600,000, with a price per square foot of around $1,229. Sales volume is quiet - only one transaction recorded this period - so we're not dealing with a flood of listings. The HonestDoor predicted market value comes in at $3,018,831, which is actually running ahead of the 3-month moving average of $3,011,090. That's a signal that values are nudging upward, not sliding.

• Average HonestDoor Price: $3,038,602 (up 0.66% from last period)
• Average sale price: $2,600,000
• Price per square foot: $1,229
• Predicted market value: $3,018,831
• 3-month moving average: $3,011,090
• Estimated monthly rent: $8,728
• Rental yield: 3.48%
• Airbnb income potential: $433 per night
• Airbnb rank in Westmount: 1st

For context, our predicted house value of $3,018,831 sits above the nearby Westmount comparable at $2,935,288. We're leading the local leaderboard. On the rental side, $8,728 a month in estimated rent with a 3.48% yield is a solid, moderate return for a market at this price point.

Condos

Condos in Westmount are showing some real momentum. The HonestDoor Price is up 1.21% to $1,474,940 - a stronger short-term move than what we're seeing on the house side. The predicted market value of $1,457,273 is climbing past the 3-month moving average of $1,445,164, and recent property value change is up 3.26%. That's not nothing.

• Average HonestDoor Price: $1,474,940 (up 1.21% from last period)
• Predicted market value: $1,457,273
• 3-month moving average: $1,445,164
• Recent value change: up 3.26%
• Estimated monthly rent: $5,319
• Rental yield: 2.62%
• Airbnb income potential: $266 per night
• Airbnb rank in Westmount: 1st

Compare our condo prices to nearby neighbourhoods and the gap is stark. Cote Des Neiges Notre Dame De Grace averages $448,855. Le Sud Ouest sits at $515,119. Outremont comes in at $723,173. Westmount condos aren't just more expensive - they're in a completely different category. If you own one, you're holding a genuinely rare asset in the Montreal market.

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

Here's the thing about municipal assessments - they're snapshots from the past. The city rolls them out on a fixed cycle, which means your official assessed value could be reflecting market conditions from a year or two ago. A lot can shift in that time.

The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. Right now, the average HonestDoor Price for Westmount houses is $3,038,602. The average sale price on record is $2,600,000. That gap matters. If you're making any financial decision - refinancing, selling, even just understanding your net worth - you want the number that reflects today, not last year's assessment cycle.

Think of the HonestDoor Price as the real-world check. It's what a serious buyer would be looking at right now, not what the city decided your home was worth 18 months ago.

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

If you've been sitting on the fence about listing, here's the honest read on your timing.

For house owners, the market is steady. Values are holding and the predicted price is trending above the 3-month average. You're not in a panic situation, but you're also not watching prices rocket upward week over week. This is a stable, high-value market taking a measured pace. Serious buyers for $3M-plus properties exist, but they're deliberate. Pricing sharp and presenting well matters more here than in a frenzied market.

For condo owners, the 3.26% recent value change is the most interesting number in this whole report. That kind of short-term movement in a high-price market is worth paying attention to. If you've been thinking about cashing out, the momentum is currently in your favour.

• Houses: Stable and well-priced - good conditions for a confident, well-prepared seller
• Condos: Short-term growth of 3.26% - momentum is building right now
• Both property types rank 1st for Airbnb potential in Westmount - a strong talking point for buyers considering income use
• Westmount prices remain far above every nearby neighbourhood - your buyer pool is specific, so positioning matters

Bottom line: check your HonestDoor Price before you do anything else. It takes 30 seconds and it's the most current number you'll find. Everything else is just a starting point for the conversation.

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.