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Forest Hills BN

Seller's MarketBurnaby · 6 active listings
TypeAvg Sold PriceSold (30d)Avg DOMActiveCondition
Condos—0—1Buyer's Market
Townhouses$876K211d5Strong Seller's Market

Forest Hills BN 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.

$876K
Avg Sold Price
2
Homes Sold (30d)
6
Homes For Sale
11
Avg Days on Market
33.3% SALR

Neighbourhood Pulse

Based on 90-day sold data

Market Activity
7/10Active
QuietModerateActiveHigh Demand
Best Value (price/sqft)
Houses
Sales (90d)
2
Avg DOM
56d
Avg Sold Price
$2M
$1K/sqft avg
Most SalesFastest Selling
Townhouses
Sales (90d)
4
Avg DOM
8d
Avg Sold Price
$942K
$1K/sqft avg
Townhouses are selling fastest in Forest Hills BN, with an average of 8 days on market over the past 90 days.
Market activity in Forest Hills BN is solid. Properties are moving at a healthy pace with consistent buyer demand.
Average sold prices in Forest Hills BN have risen approximately 52% over the past three months, pointing to upward price pressure.
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24-Month Market Trends — Forest Hills BN

24-month trend · Updated monthly

Over the past 24 months, the average sold price in Forest Hills BN has trended higher — a 3.4% shift — with the most recent period averaging $1,113,568. Sales activity has been picking up: 57 homes sold in the latter half of the period compared to 42 in the first half, pointing to a busier market. With an average of 39 days on market, buyers have more time to consider their options, favouring careful negotiation over rush decisions. Current absorption suggests a seller-leaning market, with inventory moving at a brisk pace — roughly 1.2 months of supply.

Neighbourhood Guide
Living in Forest Hills BN

Schools, lifestyle, walkability and what makes this neighbourhood unique — an in-depth local guide.

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Frequently Asked Questions

What is the average home price in Forest Hills BN?+
The average sold price in Forest Hills BN is currently $875,500, based on recent sales. Prices vary by property type — condos and townhouses typically start lower, while detached homes command a premium.
Is Forest Hills BN a buyer's or seller's market right now?+
Forest Hills BN is currently a seller's market. There are 6 active homes for sale and 2 homes sold in the last 30 days.
How long do homes stay on the market in Forest Hills BN?+
Homes in Forest Hills BN sell in an average of 11 days on market. In a seller's market this can be shorter; homes priced well and in move-in condition typically attract offers quickly.
What types of properties are available in Forest Hills BN?+
Forest Hills BN offers a mix of detached homes, townhouses, and condominium units. The area is popular with families looking for detached homes and with buyers seeking lower-maintenance strata properties.
How do I get a free home evaluation in Forest Hills BN?+
You can request a free, no-obligation home evaluation directly on this page. A local Burnaby agent will research comparable recent sales and provide you with an accurate market valuation within 6 hours.
How much inventory is available in Forest Hills BN?+
There is currently 3.0 months of supply in Forest Hills BN, meaning it would take about 3.0 months to sell all active listings at the current pace. Under 3–4 months generally favours sellers; over 6 months tends to favour buyers.

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