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Westmount London Ontario Real Estate Market

Posted on March 11, 2025 by Ty Lacroix

The Westmount London, Ontario, real estate market is everchanging! It includes a combination of newer and older homes and condominiums, including townhouses, townhomes, and apartment buildings.

The Westmount London Neighbourhood Has Four Distinct Areas:

Below are the four MLS areas our London St. Thomas Association of Realtors designated: South L, South M, South N, and South O. Look around these areas if you want to know about these neighbourhoods of Westmount.

The demographics of Westmount, the schools, parks, transit and maybe what you do not want to know!

Westmount London South L

Have a look around London South L.

Westmount London Ontario South M

Have a look around London South M.

Westmount London South N

Have a look around Westmount South N.

Westmount London South O

Have a look around Westmount London Ontario South O.

The extension of Wonderland Road South to the 402 makes travelling west or east much easier and quicker!

Beautiful Springbank Park has 19 miles of trails and picnic areas, including Storybook Gardens, which are nearby.

Westmount Mall has changed from a retail shopping mall to a combination of medical/office space, retail, and a Cineplex theatre. Big box stores, services, and restaurants are further along Wonderland Road South. Along Southdale West, the Bostwick Community Centre, Library, and YMCA are open and expanding their services.

Westmount London Ontario Real Estate Market in 2024

Houses Sold in 2024 146	Apartment Condos Sold in 2024 17	Townhouses/Townhomes Sold in 2024 78
Time on Market 26 days	Time on Market 37 days	Time on Market 35 days
Price Range $440,000 – $1,460,000	Price Range $240,000 – $584,900	Price Range $305,000 – $980,000
% to Asking Price 98.82%	% to Asking Price 96.47%	% to Asking Price 98.71%

Westmount London Ontario Real Estate Market MLS Stats from The London St. Thomas Association of Realtors

Prior year’s sales history for Westmount London

Oh oh! I’m running out of sold signs

Houses Sold in 2023 156	Apartment Condos Sold in 2023 23	Townhouses/Townhomes Sold in 2023 75
Time on Market 21 days	Time on Market 23 days	Time on Market 24 days
Price Range $430,000 – $2,075,000	Price Range $280,000 – $727,980	Price Range $350,000 – $750,000
% to Asking Price 100.31%	% to Asking Price 98.88%	% to Asking Price 98.31%

Westmount London Ontario Real Estate Market MLS Stats from The London St. Thomas Association of Realtors

2022

In 2022, 157 houses were sold in Westmount London, with the average days on the market being sixteen. The average sold price was 109.83% of the asking price. The sold prices for houses ranged from $380,000 to $1,575,000. 102 townhouse & townhome condos were sold within an average of sixteen days. The sold prices ranged from $325,000 to $838,000, averaging 110.29% of the asking price! Twenty-four apartment condos sold on an average of 17 days, and sold prices ranged from $224,000 to $566,000, 110.20% of the asking price!

2021

In 2021, 158 houses in Westmount London sold through MLS, averaging eight days on the market! Selling prices ranged from $495,000 to $1,170,007, 111.81% of the asking price. Thirty-two apartment condos in Westmount London sold through MLS. These averaged eight days on the market and sold for 113.35% of the asking price. The lowest is $260,000; the highest is $661,000. Fifty-seven townhouses or townhomes in the Westmount London area sold. These averaged ten days on the market and sold for 113.70% of the asking price. The low is $350,000; the highest is $815,000.

2020

In 2020, 138 houses changed hands, the low being $356,000 and the high $1,066,000. The median selling price was 103.62% of the asking price, averaging 16 days on the market. For apartment condos and townhouses in Westmount London, 84 changed hands. Prices ranged from $172,600 to $669,900, averaging 105.7% of the asking price and a mere seven on the market.

2019

In 2019, 139 houses were sold through MLS in Westmount London, Ontario, from a low of $340,000 up to $1,299,900. These took 24 days to sell for 100.55% of the asking price. For townhouses and apartment condos, 97 changed hands. Prices ranged from $157,500 to $492000, selling for a median of 104.83% of the asking price in about fourteen days!

2018

In 2018, 168 houses sold in the Westmount neighbourhood of London for an average price of $486,522. This was 102.38% of the asking price and took an average of nine days to change hands. For condominiums in Westmount in London, Ontario, 84 were sold. Prices ranged from $110,00 to as high as $473,900. Sixteen days on the market was the average to trade for 105.69% of the asking price!

Westmount London Ontario Neighbourhood Map