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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.

Buyer's Market9.9 mo supplyCondos →Townhouses →
Quick Answer
  • 1Forest Hills BN is currently a buyer's market.
  • 2Home prices are up 30.1% year-over-year.
Avg Sold Price
N/A
Homes Sold (30d)
0
Homes For Sale
6
Avg Days on Market
N/A
Months of Supply
9.9 mo
Buyer's
6 homes for sale in Forest Hills BN
1 condos · 5 townhouses

Forest Hills BN is currently a buyer's market. At 9.9 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 — condos and townhouses are popular for lower-maintenance living, while detached homes attract families seeking more space and a private yard. 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 Sold4+300.0%13
Avg Sold Price$1.25M-28.5%$1.75M$962K
Avg Days on Market14d-82.7%81d97d

Last 30 Days — By Property Type

Sold properties only

Condos:Buyer's Market
Townhouses: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—05—Buyer's MarketView Townhouses →

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 buyer's market. There are 0 homes sold in the last 30 days across all property types. The current absorption rate of 9.9 months of supply favours buyers.
Have home prices come down in Forest Hills BN?+
Overall home prices in Forest Hills BN are up 30.1% compared to the same period last year. This upward trend suggests continued demand in Forest Hills BN — buyers who act sooner may benefit from locking in before further appreciation.
What does the absorption rate mean for Forest Hills BN?+
Forest Hills BN 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.
What property types are available in Forest Hills BN?+
Forest Hills BN offers a mix of condos, townhouses. 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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