Forest HillHousing market

Forest Hill

Forest Hill Housing Market Report

Strong Buyer's Market

All types - for the month of May

Buyer's market Seller's market

8

Months of inventory (MOI)*

MOI 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 MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

32

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*

88 active

New

51(+4.08% YoY)

Relisted

4(0% YoY)

Compared to number of active, same period, in 2024: 70, in 2023: 45, in 2022: 40

Total Sold Listings*

11 sold

Median Sold Price

$1,049,000

Avg Days on Market

32 days

Median Bidding

-$39,000

Compared to number of sold, same period, in 2024: 20, in 2023: 15, in 2022: 14

*Data is for the month of May

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

Home with brick exterior material, street for 386 Spadina Rd, Toronto Ontario M5P 2V9

Re-listed 15 hours ago

$•••,•••

Up to21K Cashback

386 Spadina Rd, Toronto

Townhouse642500-3000 sq ft

Listed by RE/MAX REALTRON REALTY INC.

Unknown for 2 Forest Hill Rd #803, Toronto Ontario M4V 2L3

15 hours on market

Up to23K Cashback

2 Forest Hill Rd #803, Toronto

Condo1+121000-1199 sq ft

Listed by HERSH REALTY GROUP INC.

Living room with furniture, unknown for 2 Forest Hill Rd #806, Toronto Ontario M4V 2L3

Re-listed 16 hours ago

Up to25K Cashback

2 Forest Hill Rd #806, Toronto

Condo1+121000-1199 sq ft

Listed by HERSH REALTY GROUP INC.

Home with brick exterior material, street for 230 Dunvegan Rd, Toronto Ontario M5P 2P2

Re-listed 16 hours ago

$•••,•••

Up to133K Cashback

230 Dunvegan Rd, Toronto

Detached5+153500-5000 sq ft

Indoor entryway for 2 Forest Hill Rd #314, Toronto Ontario M4V 2L3

Re-listed 16 hours ago

Up to42K Cashback

2 Forest Hill Rd #314, Toronto

Condo2+131800-1999 sq ft

Listed by HERSH REALTY GROUP INC.

Contemporary kitchen, unknown for 2 Forest Hill Rd #206, Toronto Ontario M4V 2L3

Re-listed 16 hours ago

$•••,•••

Up to19K Cashback

2 Forest Hill Rd #206, Toronto

Condo1+12900-999 sq ft

Listed by HERSH REALTY GROUP INC.

Contemporary kitchen, ceramic/tile floor for 2 Forest Hill Rd #102, Toronto Ontario M4V 2L3

Re-listed 16 hours ago

Up to35K Cashback

2 Forest Hill Rd #102, Toronto

Condo2+121600-1799 sq ft

Listed by HERSH REALTY GROUP INC.

Home with brick exterior material, street for 126 Kilbarry Rd, Toronto Ontario M5P 1L4

3 days on market

Up to59K Cashback

126 Kilbarry Rd, Toronto

Detached3+262000-2500 sq ft

Listed by HAZELTON REAL ESTATE INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 6 Parkwood Ave #419, Toronto Ontario M4V 2W8

4 days on market

Up to6K Cashback

6 Parkwood Ave #419, Toronto

Condo11600-699 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Home with brick exterior material, street for 16 Elderwood Dr, Toronto Ontario M5P 1W5

4 days on market

Up to51K Cashback

16 Elderwood Dr, Toronto

Detached5+153000-3500 sq ft

Listed by RE/MAX HALLMARK REALTY LTD.

Just sold - Forest Hill

Home with brick exterior material, street for 4 Elderwood Dr, Toronto Ontario M5P 1W5

Sold 5 days ago

Sold for $2,850,000

$49K below asking

4 Elderwood Dr, Toronto

Detached533000-3500 sq ft

Listed by CHESTNUT PARK REAL ESTATE LIMITED

Home with brick exterior material, street for 317 Glenayr Rd, Toronto Ontario M5P 3C6

Sold 11 days ago

Sold for $3,500,000

$100K below asking

317 Glenayr Rd, Toronto

Detached552500-3000 sq ft

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Unknown for 35 Lower Village Gate, Toronto Ontario M5P 3L7

Sold 13 days ago

Sold for $2,930,000

$220K below asking

35 Lower Village Gate, Toronto

Condo3+143250-3499 sq ft

Listed by SLAVENS & ASSOCIATES REAL ESTATE INC.

Home with brick exterior material, street for 265 Chaplin Cres, Toronto Ontario M5P 1B1

Sold 14 days ago

Sold for $2,126,000

$224K below asking

265 Chaplin Cres, Toronto

Detached441500-2000 sq ft

Listed by BOSLEY REAL ESTATE LTD.

Unknown for 1 Forest Hill Rd #601, Toronto Ontario M4V 1R1

Sold 20 days ago

Sold for $4,700,000

$100K below asking

1 Forest Hill Rd #601, Toronto

Condo2+132250-2499 sq ft

Listed by RIGHT AT HOME REALTY

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

Sold 22 days ago

Sold for $1,175,000

$125K below asking

447 Walmer Rd #PH09, Toronto

Condo331600-1799 sq ft

Listed by HARVEY KALLES REAL ESTATE LTD.

Unknown for 6 Parkwood Ave #603, Toronto Ontario M4V 0A3

Sold 25 days ago

Sold for $1,295,000

6 Parkwood Ave #603, Toronto

Condo221000-1199 sq ft

Listed by HARVEY KALLES REAL ESTATE LTD.

Open concept kitchen, ceramic/tile floor for 70 Montclair Ave #304, Toronto Ontario M5P 1P7

Sold 26 days ago

Sold for $1,049,000

70 Montclair Ave #304, Toronto

Condo2+121200-1399 sq ft

Listed by CHESTNUT PARK REAL ESTATE LIMITED

Patio, building for 6 Parkwood Ave #303, Toronto Ontario M4V 1V1

Sold 29 days ago

Sold for $570,000

$8K below asking

6 Parkwood Ave #303, Toronto

Condo110-499 sq ft

Listed by YOUR HOME SOLD GUARANTEED REALTY INTERCITY PLUS INC.

Unknown for 449 Walmer Rd #401, Toronto Ontario M5P 2X9

Sold 32 days ago

Sold for $825,000

$55K below asking

449 Walmer Rd #401, Toronto

Condo121000-1199 sq ft

Listed by RE/MAX REALTRON REALTY 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