Property prices for sale in Westmount (Quebec)

The prices in real estate in Westmount, in the Quebec region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$2,642,750.67
Average price last 6 months
$1,342.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Westmount has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $1,680. In the following month the price per sq.feet decreased to $1,489. The price for the following two months in (November, December) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 74 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1,472.5 to $1,083.5 during January, and February.

Average price

Based upon to the price in Westmount (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $2,706,625. In October This price remains at $2,751,300. During the following two months (November, December) the average price fell 91 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $2,553,580 they are 41 % more affordable than the average price for Westmount. The properties with the lowest average price have 2 bedrooms, Their price is 31 % cheaper than the average. After that we have properties with 4 bedrooms priced at $1,697,257.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $4,380 / sq.feet, with an average $1,099 / sq.feet price in Westmount. The properties with the highest average prices have 1 bedroom. They are 414 % more expensive than the average followed by properties with 2 bedrooms with a price at $4,555 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $2,553,580 it is 39 % cheaper than the average price in Westmount. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $1,688,785 it is 34 % more affordable than the average price.

According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $4,355 / sq.feet followed by "Apartment" priced at $4,380 / sq.feet. "Office" is the most costly type of property with a $5,365 / sq.feet cost followed by "Apartment" with an average price of $4,380 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Westmount
Number of properties used in region Quebec
$2,553,580
$1,099
132
56,070
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value