Condos Market Report

November 2024 Forest Hills BN Condos Market

Condos market data for Forest Hills BN, Burnaby — November 2024. Average sold price $875,500, 2 sold in 30 days, 11 avg days on market.

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Seller's MarketForest Hills BN condos is currently a seller's market. 33.3% sales-to-active listings ratio — homes selling in an average of 11 days, at an average sold price of $875,500 — well-priced properties are attracting strong demand.
2
Condos Sold (30d)
$876K
Avg Sold Price
11d
Avg Days on Market
6
Homes For Sale

Current Forest Hills BN Condos Stats

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

Condos Sold (30d)2
Avg Sold Price$875,500
Homes For Sale6
Avg Days on Market11 days
Months of Supply3.0 mo

November 2024 Forest Hills BN Market Snapshot

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

All Types Sold1
Avg Sold Price$890,000
Avg Days on Market2 days
Avg Price per ft²$890,000

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 Condos

How did the Forest Hills BN condos market perform in November 2024?+
The Forest Hills BN condos market currently shows 2 units sold in the last 30 days at an average price of $875,500, with an average of 11 days on market. Demand is strong with limited supply. This data reflects the most recent 30-day MLS® activity.
What is the average price of a condo in Forest Hills BN?+
The average sold price for a condo in Forest Hills BN is currently $875,500, 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 condos take to sell in Forest Hills BN?+
Condos in Forest Hills BN are currently selling in an average of 11 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 condos in Forest Hills BN?+
Forest Hills BN condos has a sales-to-active listings ratio (SALR) of 33.3%, well above the 20% threshold that defines a seller's market. At this pace, active listings are absorbed quickly, often resulting in multiple offers and sale prices near or above asking. If you're thinking of selling, current conditions are very favourable.
Is it a good time to buy a condo in Forest Hills BN?+
Forest Hills BN condos are currently in a seller's market. The average price is $875,500. 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 November 2024?+
In November 2024, the Forest Hills BN real estate market (all property types) recorded 1 sales at an average price of $890,000, with properties averaging 2 days on market at $890,000 per square foot.
How did Forest Hills BN compare in November 2024 vs. October 2024?+
Compared to October 2024, overall Forest Hills BN sales volume was down 50% (2 vs 1 homes sold) and the average sold price was down 19% to $890,000.
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