The Westmount neighbourhood in London Ontario has a combination of newer and older houses and condos and actually 3 very distinct areas, being east of Wonderland Road to Andover, west part of Wonderland Road to a little past Barclay and south of Commissioners Road W to Springbank Drive .
Westmount Mall has had a dramatic change from a retail shopping mall to a combination of medical/offices on the second floor and services & retail on the main floor & a Cineplex theatre.
Further south of Southdale and along Wonderland Road South, are the big box stores, services, restaurants and recreational activities , a library and along Southdale West, the new YMCA is scheduled to open soon.
Westmount has an abundance of schools and churches as well for all denominations.
As you can see, the Westmount neighbourhood is a convenient area to live and with the extention of Wonderland Road South to the 402 make traveling west or east of London along the 401 much more convenient.
In 2017, 166 houses in Westmount London Ontario were sold for close to asking price and the median time it took these to sell was 10 days, 84 condos were also sold through our MLS system for close to asking price and were on the market for about 15 days!
As you can see, with houses & condos in Westmount selling within 15 days or less and for the asking price or more, buyers must be more in tune with the market and organized and for sellers, choosing the right Realtor will be a huge benefit in this market.
I have prepared a breakdown of the houses and condos that were sold in 2017 and you will be able to see the properties that sold quickly and for more money than those that were overpriced that took much longer to sell. You can get these reports instantly by requesting them here.
166 houses sold through MLS in the Westmount neighbourhood of London Ontario in 2016 ,hese houses took about 23 days to sell and about 99.2% of the asking price! 93 condos in Westmount changed hands for 99% of their asking price and were on the real estate market for 33 days.
2016 & 2017 were record years for real estate sales in London Ontario and area and Westmount was no exception, other than home buyers are experiencing a shortage of good homes for sale.
In 2015, 160 houses sold in Westmount in south west London Ontario through MLS for an average 98% of the asking price and these took about 33 days to sell. 107 condos in Westmount were sold for an average 97.6 % of the asking price and these took about 42 days to sell.