The table shown below is a current snapshot of all the active listings in Westwind, segmented by residential property types. The second column is a calculation of the current median asking price, while the third column is the summed total of all active listings for the related property type. Please note that this table is updated every 24 hours.
Quick Tip: Gain instant access to all of the related listings by selecting a row in the table and pushing the button below.
The MLS® HPI Benchmark Prices shown below represent the current expected sales price for a typical or “Benchmark” home in a given neighbourhood.
The MLS® HPI takes into consideration what averages and medians do not – items such as lot size, age, number of rooms, etc. The most commonly traded set of these attributes describes the composite of the typical or ‘benchmark’ property type in a given area. Prices paid for homes with these attributes determine benchmark home prices.
The MLS® Home Price Index is modelled on the Consumer Price Index (CPI) which measures the rate of price change for a basket of goods and services including food, clothing, shelter, and transportation. Instead of measuring goods and services, the HPI measures the change in the price of housing features. Thus, the HPI measures typical, pure price change (inflation or deflation).
The graph below charts the historical Home Price Index over a 3 year period.
Quick Tip: Click on a property type in the chart’s legend to dynamically remove or add that line to the chart.