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Market Report

Forest Hills BN Real Estate Market

Live MLS® stats and 12-month trends for Forest Hills BN, Burnaby — updated every 5 minutes.

Balanced Market8.0 mo supplyCondos →Townhouses →Houses →
Quick Answer
  • 1Forest Hills BN is currently a balanced market.
  • 2The average sold price last month was $1,005,000.
  • 3Home prices are up 4.5% year-over-year.
Avg Sold Price
$1M
Homes Sold (30d)
1
Homes For Sale
8
Avg Days on Market
4d
Months of Supply
8.0 mo
Balanced
8 homes for sale in Forest Hills BN
1 condos · 6 townhouses · 1 houses

Forest Hills BN is currently a balanced market, with an average sold price of $1,005,000 across all property types over the past 30 days. At 8.0 months of supply, buyers in Forest Hills BN have more selection and meaningful negotiating room compared to a typical seller's market. Forest Hills BN offers a mix of property types including condos, townhouses, houses — condos and townhouses are popular for lower-maintenance living, while detached homes attract families seeking more space and a private yard. Homes here are selling in an average of 4 days on market. Browse active listings in Forest Hills BN below, or speak with a local Burnaby agent for a personalised market assessment based on your needs.

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How Have Prices Trended in Forest Hills BN?

24-month trend · Updated monthly

Month-over-Month Comparison

MetricSep · Last 30 daysAugSep (LY)
Homes Sold1+0.0%13
Avg Sold Price$1M-42.6%$1.75M$962K
Avg Days on Market4d-95.1%81d97d

Last 30 Days — By Property Type

Sold properties only

Condos:Buyer's Market
Townhouses:Balanced Market
Houses:Buyer's Market

What Does Each Home Cost?

By bedrooms & property type · Last 30 days sold

Type1 Bed2 Bed3 Bed4+ Bed
Apartment
$548K
$820/ft²
41 sold
$698K
$752/ft²
63 sold
$889K
$721/ft²
18 sold
$1.12M
$690/ft²
5 sold
Townhouse
$699K
$698/ft²
8 sold
$879K
$672/ft²
31 sold
$1.08M
$645/ft²
44 sold
$1.25M
$612/ft²
14 sold
House—
$1.19M
$580/ft²
6 sold
$1.49M
$558/ft²
22 sold
$2.25M
$498/ft²
18 sold

Studio = 0 bedrooms. 4+ Bed includes all homes with 4 or more bedrooms.

What Does Each Property Type Cost in Forest Hills BN?

TypeAvg Sold PriceSold (30d)ActiveAvg DOMCondition
Condos—01—Buyer's MarketView Condos →
Townhouses$1M164dBalanced MarketView Townhouses →
Houses—01—Buyer's MarketView Houses →

What Did Homes Sell for in Forest Hills BN Recently?

View all sold →

Street addresses only. Click any address to view full details — some information requires sign-in.

Frequently Asked Questions — Forest Hills BN Market

Is Forest Hills BN a buyer's or seller's market right now?+
Forest Hills BN is currently a balanced market. There are 1 home sold in the last 30 days across all property types. The current absorption rate of 8.0 months of supply favours buyers.
What is the average home price in Forest Hills BN?+
The average sold price across all property types in Forest Hills BN is currently $1,005,000, based on sales over the past 30 days. Prices vary by type — condominiums start lower, while detached homes command a premium. Contact a local Burnaby agent for a current, property-specific estimate.
Have home prices come down in Forest Hills BN?+
Overall home prices in Forest Hills BN are up 4.5% compared to the same period last year, with townhouses averaging $1,005,000. This upward trend suggests continued demand in Forest Hills BN — buyers who act sooner may benefit from locking in before further appreciation.
How long do homes stay on the market in Forest Hills BN?+
Homes in Forest Hills BN are currently selling in an average of 4 days on market. In a seller's market, well-priced homes can attract offers within the first week of listing. In a buyer's market, buyers typically have more time to evaluate options.
What does the absorption rate mean for Forest Hills BN?+
Forest Hills BN 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.
What property types are available in Forest Hills BN?+
Forest Hills BN offers a mix of condos, townhouses, houses. Each type suits different lifestyles — condos and townhouses are popular for lower-maintenance living, while detached homes are sought by families looking for more space and a yard.
How can I get a home evaluation in Forest Hills BN?+
You can request a free, no-obligation home evaluation through a local Burnaby real estate agent. They will research recent comparable sales in Forest Hills BN and provide you with an accurate market valuation — typically within 24 hours.
Explore Forest Hills BN

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