Forest HillHousing market

Forest Hill

Forest Hill Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

7

Days of inventory (DOI)*

DOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a DOI of +3 months indicates a buyers's market, where homes are selling slowly and there are more homes than available buyers.

30

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

63 active

New

32(+68.42% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 50, in 2023: 30, in 2022: 34

Total Sold Listings*

9 sold

Median Sold Price

$2,695,000

Avg Days on Market

30 days

Median Bidding

-$145,000

Compared to number of sold, same period, in 2024: 8, in 2023: 9, in 2022: 11

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Forest Hill - All types

Sold vs Active vs New vs Relisted - Forest Hill - All types

Sold Price Distribution - Forest Hill - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Forest Hill - All types

Property type distribution based on data from the last 3 months.

Median Price - Forest Hill - All types

Just listed - Forest Hill

Indoor entryway for 1 Burton Rd, Toronto Ontario M5P 1T6

17 hours on market

Up to60K Cashback

1 Burton Rd, Toronto

Detached4+15- sq ft

Listed by FOREST HILL REAL ESTATE INC.

Indoor entryway for 447 Walmer Rd #PH09, Toronto Ontario M5P 2X9

17 hours on market

Up to14K Cashback

447 Walmer Rd #PH09, Toronto

Condo331600-1799 sq ft

Listed by HARVEY KALLES REAL ESTATE LTD.

Home with brick exterior material, street for 11 Vesta Dr, Toronto Ontario M5P 2Z4

1 day on market

Up to42K Cashback

11 Vesta Dr, Toronto

Detached3+152500-3000 sq ft

Listed by HARVEY KALLES REAL ESTATE LTD.

Just sold - Forest Hill

Unknown for 707 Eglinton Ave #511, Toronto Ontario M5N 1C8

Sold for $360,000

$39K below asking

707 Eglinton Ave #511, Toronto

Condo11700-799 sq ft

Listed by KELLER WILLIAMS PORTFOLIO REALTY

Unknown for 23 Dewbourne Ave, Toronto Ontario M5P 1Z5

Sold 4 days ago

Sold for $4,800,000

$695K below asking

23 Dewbourne Ave, Toronto

Detached7+185000 + sq ft

Listed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM

Unknown for 350 Lonsdale Rd #402, Toronto Ontario M5P 1R6

Sold 11 days ago

Sold for $950,000

$49K below asking

350 Lonsdale Rd #402, Toronto

Condo221200-1399 sq ft

Listed by FOREST HILL REAL ESTATE INC.

Population and Demographics

Overview

Total population 14741

Average household income $317,473

Age (%)

65 and plus

25%

20 to 34

21%

50 to 64

19%

35 to 49

18%

0 to 19

16%

Household composition (%)

Single family

52%

Single person

43%

Multi person

5%

Multi family

0%

Mother tongue (%)

English

81%

Others

4%

Spanish

3%

Tagalog (Pilipino, Filipino)

2%

Mandarin

2%

French

2%

Russian

1%

House tenancy (%)

Renters

58%

Owners

42%

Top 2 Schools in Forest Hill

Holy Rosary Catholic School308 Tweedsmuir Ave, M5P 2Y1, Toronto, ON

8.7/10

Public•JK-8

West Preparatory Junior Public School70 Ridge Hill Dr, M6C 2J6, Toronto, ON

7.9/10

Public•JK-6

Transportation

Car Friendly

3/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

4/5

All day-to-day needs are within walking distance

Transit Friendly

5/5

Within walking distance of a subway and frequent bus lines

Shopping, Food and Nightlife

Cafes

4/5

Variety of cafés within walking distance

Groceries

4/5

At least one grocery store within a few minutes' walk

Nightlife

2/5

Some bars within walking distance

Shopping

4/5

Variety of shops within a few minutes' walk

Restaurants

4/5

Variety of restaurants within walking distance