Houses Market Report

February 2025 Forest Hills BN Houses Market

Houses market data for Forest Hills BN, Burnaby — covering sales volume, pricing, and days on market for February 2025.

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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
$1.04M
Avg Sold Price
11d
Avg Days on Market
$754,500
Avg $/sqft

February 2025 Forest Hills BN Market Snapshot

All property types — historical MLS® data for Forest Hills BN in February 2025.

All Types Sold2
Avg Sold Price$1,042,000
Avg Days on Market11 days
Avg Price per ft²$754,500

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 February 2025?+
February 2025 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 February 2025?+
In February 2025, the Forest Hills BN real estate market (all property types) recorded 2 sales at an average price of $1,042,000, with properties averaging 11 days on market at $754,500 per square foot.
How did Forest Hills BN compare in February 2025 vs. January 2025?+
Compared to January 2025, overall Forest Hills BN sales volume was down 50% (4 vs 2 homes sold) and the average sold price was up 18% to $1,042,000.
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