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Just Sold: Westlake Home Prices

Find comparable sales in Westlake. Use MLS® past sales data and comps to understand property values.

Homes sold in the last 30 days

5

Typical sale price

$525,000

Average time to sell

26 days

Data last updated: Just now

Whether you're looking for condos sold in Westlake, townhouse prices, or single-family homes — we have the MLS® sold data for every property type including duplexes, bungalows, and luxury properties.

Our Westlake sold data shows what buyers actually paid. Compare prices by property type, find your perfect comp, and understand the true market value of homes in this area.

Westlake Sold Data Overview

Over the past 2 years, 60 homes have sold in Westlake, Red Deer, with a median sold price of $511K. Sale prices have ranged from $375K to $1.55M. The typical home sells in 22 days, showing a balanced market. Homes are selling at 98.2% of their list price — very close to asking price. Median property taxes in the area run approximately $4,248 annually. The most common property types sold include Detached Single Family (55), Half Duplex (5).

Recently Sold in Westlake

5 homes sold in the last 30 days. Showing 5 of 5 • Updated July 14, 2026 at 5:27 AM

View all 60 on the map
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Westlake Market Insights

See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.

Median Sold Pricen=60

$511,000

Avg: $549,238

Range: $375,000$1,550,000

Sold % of Askingn=60

98.2%

Homes selling near asking

Avg Time to Selln=7(3-mo avg)

18 days

Hot Market
3-mo avg
Avg $/Sqftn=60

$385

60 homes sold

Click a property type to view its trends in the chart below:

All Property Types

(click to filter chart)

2-Year Market Trends: All Property Types

(21 months)
$1000k$700k$400k
A
S
O
N
D
F
M
A
M
J
J
A
S
O
N
J26
F
A
M
J
J
Aug 2024: $486,333+52.2% changeJul 2026: $740,000

Negotiation & Cost Insights

Sold Above Asking

22%

75% sold below

Median Property Tax

$4,248/yr

Avg: $4,590

Home Size Range

9084,081

sq ft

Price Spread

±$202,747

standard deviation

60

Homes sold (last 2 years)

10

Currently for sale

2.0

Months of Inventory (MOI)

50.0%

Absorption Rate (30d)

2

New in July 2026

5 vs 2

Sold count (last 30 vs prior 30): +150.0%

Median price: $525,000 vs $449,500 (+16.8%)

How does Westlake compare to Red Deer?

Westlake typical sale price

$525,000

5 sold in last 30 days

Red Deer typical sale price

$432,000

172 sold in last 30 days

More neighbourhoods in Red Deer

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See homes for sale in Westlake

10 active MLS® listings · $549,900 median. See what's on the market today.

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Frequently Asked Questions

The median sold price in Westlake is $511,000 based on 60 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Website provided by Kelly Grant

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

Listing information last updated on July 14, 2026 at 6:00 am (America/Edmonton)

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