Houses Market Report

April 2024 Forest Hills BN Houses Market

Houses market data for Forest Hills BN, Burnaby — covering sales volume, pricing, and days on market for April 2024.

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Buyer's MarketForest Hills BN houses is currently a buyer's market, with 10.1% sales-to-active listings ratio.
2
All Types Sold
$1.02M
Avg Sold Price
7d
Avg Days on Market
$1,023,750
Avg $/sqft

April 2024 Forest Hills BN Market Snapshot

All property types — historical MLS® data for Forest Hills BN in April 2024.

All Types Sold2
Avg Sold Price$1,023,750
Avg Days on Market7 days
Avg Price per ft²$1,023,750

Forest Hills BN Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20264$1,251,50014d$675,875—
August 20261$1,750,00081d$875,000Seller's
July 20264$1,136,25021d$865,417Seller's
June 20266$906,66727d$818,125Seller's
May 20262$912,50027d$658,750Seller's
April 20263$1,073,3335d$706,667Seller's

Frequently Asked Questions — Forest Hills BN Houses

How did the Forest Hills BN houses market perform in April 2024?+
April 2024 houses data for Forest Hills BN is being compiled. Check back soon or view the full Forest Hills BN market report.
What is the absorption rate for houses in Forest Hills BN?+
Forest Hills BN houses has a sales-to-active listings ratio (SALR) of 10.1%, below the 12% threshold that defines a buyer's market. There are more homes available relative to demand, giving buyers more time to consider their options and more room to negotiate on price and conditions. Sellers may need to price competitively to attract offers.
Is it a good time to buy a house in Forest Hills BN?+
Forest Hills BN houses are currently in a buyer's market. Whether now is the right time depends on your personal timeline, budget, and goals. A knowledgeable local agent can help you assess current opportunities.
How did the overall Forest Hills BN market perform in April 2024?+
In April 2024, the Forest Hills BN real estate market (all property types) recorded 2 sales at an average price of $1,023,750, with properties averaging 7 days on market at $1,023,750 per square foot.
How did Forest Hills BN compare in April 2024 vs. March 2024?+
Compared to March 2024, overall Forest Hills BN sales volume was up 100% (1 vs 2 homes sold) and the average sold price was up 58% to $1,023,750.
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What does the Forest Hills BN houses market mean for you?

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