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Forest Hills BN

Balanced MarketBurnaby · 8 active listings
TypeAvg Sold PriceSold (30d)Avg DOMActiveCondition
Condos—0—1Buyer's Market
Townhouses$1M14d6Balanced Market
Houses—0—1Buyer's Market

Forest Hills BN is currently a balanced market. 12.5% sales-to-active listings ratio — homes selling in an average of 4 days, at an average sold price of $1,005,000 — well-priced properties are attracting strong demand.

$1M
Avg Sold Price
1
Homes Sold (30d)
8
Homes For Sale
4
Avg Days on Market
12.5% SALR

Neighbourhood Pulse

Based on 90-day sold data

Market Activity
4/10Moderate
QuietModerateActiveHigh Demand
Best Value (price/sqft)
Houses
Sales (90d)
2
Avg DOM
72d
Avg Sold Price
$1.69M
$1K/sqft avg
Most SalesFastest Selling
Townhouses
Sales (90d)
3
Avg DOM
5d
Avg Sold Price
$963K
$1K/sqft avg
Townhouses are selling fastest in Forest Hills BN, with an average of 5 days on market over the past 90 days.
The Forest Hills BN market is at a measured pace — conditions are balanced between buyers and sellers.
Average sold prices in Forest Hills BN have risen approximately 43% 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 slightly higher — a 2.3% shift — with the most recent period averaging $1,099,873. Sales activity has been picking up: 54 homes sold in the latter half of the period compared to 43 in the first half, pointing to a busier market. With an average of 35 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 1.4 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 $1,005,000, 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 balanced market. There are 8 active homes for sale and 1 home 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 4 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 8.0 months of supply in Forest Hills BN, meaning it would take about 8.0 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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Saeed Farahani
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Saeed Farahani
Re/Max Crest Realty
778-883-3264
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For Buyers
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