Townhouses Market Report

July 2024 Forest Hills BN Townhouses Market

Townhouses market data for Forest Hills BN, Burnaby — July 2024. Average sold price $1,005,000, 1 sold in 30 days, 4 avg days on market.

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Balanced MarketForest Hills BN townhouses is currently a balanced market. 12.5% sales-to-active listings ratio — homes selling in an average of 4 days, at an average sold price of $1,005,000 — well-priced properties are attracting strong demand.
1
Townhouses Sold (30d)
$1M
Avg Sold Price
4d
Avg Days on Market
8
Homes For Sale

Current Forest Hills BN Townhouses Stats

Live MLS® data updated every 5 minutes. Most recent 30-day rolling window.

Townhouses Sold (30d)1
Avg Sold Price$1,005,000
Homes For Sale8
Avg Days on Market4 days
Months of Supply8.0 mo

July 2024 Forest Hills BN Market Snapshot

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

All Types Sold2
Avg Sold Price$916,500
Avg Days on Market37 days
Avg Price per ft²$916,500

Forest Hills BN Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20261$1,005,0004d$502,500—
August 20261$1,750,00081d$875,000—
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 Townhouses

How did the Forest Hills BN townhouses market perform in July 2024?+
The Forest Hills BN townhouses market currently shows 1 units sold in the last 30 days at an average price of $1,005,000, with an average of 4 days on market. Conditions are balanced. This data reflects the most recent 30-day MLS® activity.
What is the average price of a townhouse in Forest Hills BN?+
The average sold price for a townhouse in Forest Hills BN is currently $1,005,000, based on MLS® sales over the past 30 days. Prices vary by size, floor, age, and condition. Contact a local agent for a property-specific valuation.
How long do townhouses take to sell in Forest Hills BN?+
Townhouses in Forest Hills BN are currently selling in an average of 4 days on market. Well-priced properties in good condition tend to sell faster — sometimes within days of listing. Properties at higher price points may take longer.
What is the absorption rate for townhouses in Forest Hills BN?+
Forest Hills BN townhouses has a sales-to-active listings ratio (SALR) of 12.5%, sitting in balanced market territory (12–20%). Neither buyers nor sellers hold a strong advantage — homes are selling at a measured pace and sale prices tend to land close to the asking price.
Is it a good time to buy a townhouse in Forest Hills BN?+
Forest Hills BN townhouses are currently in a balanced market. The average price is $1,005,000. 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 July 2024?+
In July 2024, the Forest Hills BN real estate market (all property types) recorded 2 sales at an average price of $916,500, with properties averaging 37 days on market at $916,500 per square foot.
How did Forest Hills BN compare in July 2024 vs. June 2024?+
Compared to June 2024, overall Forest Hills BN sales volume was down 67% (6 vs 2 homes sold) and the average sold price was down 12% to $916,500.
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