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

Unknown for 240 Heath St #204, Toronto Ontario M5P 3L5

Re-listed 14 hours ago

$•••,•••

Up to21K Cashback

240 Heath St #204, Toronto

Condo221800-1999 sq ft

Listed by HOMELIFE/CIMERMAN REAL ESTATE LIMITED

Unknown for 317 Lonsdale Rd #2B, Toronto Ontario M4V 1X3

1 day on market

Up to16K Cashback

317 Lonsdale Rd #2B, Toronto

Condo221400-1599 sq ft

Listed by CHESTNUT PARK REAL ESTATE LIMITED

Home with brick exterior material, street for 19 Vesta Dr, Toronto Ontario M5P 2Z4

Re-listed 1 day ago

Up to70K Cashback

19 Vesta Dr, Toronto

Detached4+173500-5000 sq ft

Listed by FOREST HILL REAL ESTATE INC.

Home with brick exterior material, street for 7 Relmar Gdns, Toronto Ontario M5P 1S1

Re-listed 1 day ago

$•••,•••

Up to48K Cashback

7 Relmar Gdns, Toronto

Detached5+173000-3500 sq ft

Listed by HARVEY KALLES REAL ESTATE LTD.

Home with brick exterior material, street for 148 Forest Hill Rd, Toronto Ontario M5P 2M9

4 days on market

Up to105K Cashback

148 Forest Hill Rd, Toronto

Detached563500-5000 sq ft

Listed by ROYAL LEPAGE/J & D DIVISION

Unknown for 2 Forest Hill Rd #510, Toronto Ontario M4V 2L3

5 days on market

Up to17K Cashback

2 Forest Hill Rd #510, Toronto

Condo1+12700-799 sq ft

Listed by PROPERTY.CA INC.

Pool for 173 Dunvegan Rd, Toronto Ontario M5P 2P1

5 days on market

Up to128K Cashback

173 Dunvegan Rd, Toronto

Detached3+173500-5000 sq ft

Listed by HARVEY KALLES REAL ESTATE LTD.

Home with brick exterior material, street for 10 Parkwood Ave, Toronto Ontario M4V 2W8

Re-listed 6 days ago

$•••,•••

Up to52K Cashback

10 Parkwood Ave, Toronto

Detached3+143500-5000 sq ft

Listed by CHESTNUT PARK REAL ESTATE LIMITED

A pic of a room for 21 Thelma Ave #103, Toronto Ontario M4V 1X8

Re-listed 6 days ago

$•••,•••

Up to3K Cashback

21 Thelma Ave #103, Toronto

Condo-10-499 sq ft

Listed by RE/MAX HALLMARK REALTY LTD.

Home with brick exterior material, street for 184 Heath St, Toronto Ontario M4V 1V2

6 days on market

Up to76K Cashback

184 Heath St, Toronto

Detached553500-5000 sq ft

Listed by BAY STREET INTEGRITY REALTY INC.

Just sold - Forest Hill

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

Sold 2 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 5 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 6 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 9 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 12 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.

Home with brick exterior material, street for 217 Lonsmount Dr, Toronto Ontario M5P 2Y6

Sold 12 days ago

Sold for $4,347,500

$48K below asking

217 Lonsmount Dr, Toronto

Detached653500-5000 sq ft

Listed by SLAVENS & ASSOCIATES REAL ESTATE INC.

Home with brick exterior material, street for 53 Ava Rd, Toronto Ontario M5P 1Y9

Sold 13 days ago

Sold for $4,395,000

53 Ava Rd, Toronto

Detached4+243000-3500 sq ft

Listed by SLAVENS & ASSOCIATES REAL ESTATE INC.

Living room with furniture, wood/laminate floor for 350 Lonsdale Rd #102, Toronto Ontario M5P 1R6

Sold 13 days ago

Sold for $880,000

$20K below asking

350 Lonsdale Rd #102, Toronto

Condo221200-1399 sq ft

Listed by CENTURY 21 ATRIA REALTY INC.

Home with brick exterior material, street for 7 Dunloe Rd, Toronto Ontario M4V 2W4

Sold 15 days ago

Sold for $5,800,000

$698K below asking

7 Dunloe Rd, Toronto

Detached5+163500-5000 sq ft

Listed by HARVEY KALLES REAL ESTATE LTD.

Unknown for 2 Forest Hill Rd #209, Toronto Ontario M4V 2L3

Sold 17 days ago

Sold for $2,370,825

$128K below asking

2 Forest Hill Rd #209, Toronto

Condo221200-1399 sq ft

Listed by HERSH REALTY GROUP 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