August 2024 Forest Hills BN Condos Market

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

Buyer's Market9.9 mo supply← August 2024 Full Report Forest Hills BN Condos (Live) →

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Buyer's MarketForest Hills BN condos is currently a buyer's market, with 10.1% sales-to-active listings ratio.

All Types Sold

$1.29M

Avg Sold Price

Avg Days on Market

$645,000

Avg $/sqft

August 2024 Forest Hills BN Market Snapshot

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

All Types Sold1

Avg Sold Price$1,290,000

Avg Days on Market6 days

Avg Price per ft²$645,000

Forest Hills BN Monthly Market Trend

Month	Sold	Avg Sold Price	Avg DOM	Avg $/sqft	Market
September 2026	4	$1,251,500	14d	$675,875	—
August 2026	1	$1,750,000	81d	$875,000	Seller's
July 2026	4	$1,136,250	21d	$865,417	Seller's
June 2026	6	$906,667	27d	$818,125	Seller's
May 2026	2	$912,500	27d	$658,750	Seller's
April 2026	3	$1,073,333	5d	$706,667	Seller's

Frequently Asked Questions — Forest Hills BN Condos

How did the Forest Hills BN condos market perform in August 2024?+

August 2024 condos 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 condos in Forest Hills BN?+

Forest Hills BN condos 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 condo in Forest Hills BN?+

Forest Hills BN condos 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 August 2024?+

In August 2024, the Forest Hills BN real estate market (all property types) recorded 1 sales at an average price of $1,290,000, with properties averaging 6 days on market at $645,000 per square foot.

How did Forest Hills BN compare in August 2024 vs. July 2024?+

Compared to July 2024, overall Forest Hills BN sales volume was down 50% (2 vs 1 homes sold) and the average sold price was up 41% to $1,290,000.

Explore More

August 2024 Full Report August 2024 Condos (Territory-Wide)Forest Hills BN Condos Market (Live)Forest Hills BN All Property Types Forest Hills BN Neighbourhood Guide August 2024 Forest Hills BN Townhouses August 2024 Forest Hills BN Houses August 2024 Forest Hills BN Duplexes

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