A recent report from Centris.ca profiled “Most Expensive Regions of 2016” in Quebec. It’s no surprise that most of the expensive regions for single-family homes in 2016 are found on the Island of Montréal. At the head of the list is Westmount, Town of Mount Royal and Verdun with respective median prices of $1,387,500, $1,110,000 and $650,500. Read More on Centris.ca
How did the Real Estate Market in Westmount perform this past month?
- As we quickly approach the 2017 spring housing market, sales have double over last month.
- There are 10 luxury properties listed in Westmount for over $5million, driving up the average asking price to $2,869M.
- There are currently only 6 properties asking under $1M in Westmount.
- The significant drop in Average Days on Market from January to February is attributed to 7 properties selling in under 80 days. The quickest sale being 4 days!