Question 1

What is the median sold price in Westmount_Strathmore?

Accepted Answer

The median sold price in Westmount_Strathmore is $385,000 based on 33 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.

Question 2

What is the average home price in Westmount_Strathmore?

Accepted Answer

The average sold price in Westmount_Strathmore is $413,312. Note that the average ($413,312) is higher than the median ($385,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Westmount_Strathmore?

Accepted Answer

Home prices in Westmount_Strathmore range from $155,000 to $895,000 based on recent sales data. This $740,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Westmount_Strathmore selling above or below asking price?

Accepted Answer

On average, homes in Westmount_Strathmore are selling at 97.3% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Westmount_Strathmore?

Accepted Answer

Homes in Westmount_Strathmore are selling in an average of 31 days. This indicates a seller's market with strong demand. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Westmount_Strathmore?

Accepted Answer

The average price per square foot in Westmount_Strathmore is $343. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $686,000.

Question 7

How active is the real estate market in Westmount_Strathmore?

Accepted Answer

The Westmount_Strathmore market has seen 33 home sales over the past 2 years, with 4 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

What types of properties are selling in Westmount_Strathmore?

Accepted Answer

The most common property types selling in Westmount_Strathmore are: half duplex (10 sold, avg $428,490), detached single family (8 sold, avg $573,125), lowrise apartment (8 sold, avg $344,175). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in Westmount_Strathmore?

Accepted Answer

Detached homes in Westmount_Strathmore are selling for an average of $573,125, with 8 sales over the past 2 years.

Question 10

How much do condos cost in Westmount_Strathmore?

Accepted Answer

Condos and apartments in Westmount_Strathmore are selling for an average of $344,175, with 8 sales over the past 2 years. Condos typically offer a more affordable entry point into the Westmount_Strathmore market.

Question 11

How much do townhouses cost in Westmount_Strathmore?

Accepted Answer

Townhouses in Westmount_Strathmore are selling for an average of $310,167, with 6 sales over the past 2 years. Townhouses often provide a middle ground between condo living and detached home ownership.

Question 12

Are home prices rising or falling in Westmount_Strathmore?

Accepted Answer

Home prices in Westmount_Strathmore have decreased by 2.8% over the past 2 years. The average sold price moved from $367,133 to $357,000. The relatively stable prices suggest a balanced market.

Question 13

Is Westmount_Strathmore a buyer's or seller's market?

Accepted Answer

Based on current data, Westmount_Strathmore is a slight seller's market. Homes are selling in 31 days on average and at 97.3% of asking price. Sellers have an advantage, but buyers can still find opportunities with well-crafted offers.

Question 14

What percentage of homes sell above asking price in Westmount_Strathmore?

Accepted Answer

In Westmount_Strathmore, 6% of homes sold above asking price, while 85% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 15

What are the average property taxes in Westmount_Strathmore?

Accepted Answer

The average annual property tax in Westmount_Strathmore is $2,766, with a median of $2,512. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 16

What size homes are selling in Westmount_Strathmore?

Accepted Answer

Homes selling in Westmount_Strathmore range from 909 to 2,103 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 17

How much do home prices vary in Westmount_Strathmore?

Accepted Answer

Westmount_Strathmore shows relatively consistent pricing with a standard deviation of $143,783 around the average price of $413,312. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 18

How do I find out how much a house sold for in Westmount_Strathmore?

Accepted Answer

Simply search our Westmount_Strathmore sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 19

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Westmount_Strathmore will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 20

Do you show all MLS® sold listings for Westmount_Strathmore?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Westmount_Strathmore. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

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