Forest HillHousing market

Forest Hill

Forest Hill Housing Market Report

Buyer's Market

All types - for the month of March

Buyer's market Seller's market

6

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.

13

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*

12 active

New

12(+71.43% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 2, in 2023: 0, in 2022: 1

Total Sold Listings*

2 sold

Median Sold Price

$603,250

Avg Days on Market

13 days

Median Bidding

$33,350

Compared to number of sold, same period, in 2024: 4, in 2023: 8, 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

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 60 Silverspring Cres, Kitchener Ontario N2M 4P4

Re-listed 1 day ago

$•••,•••

Up to8K Cashback

60 Silverspring Cres, Kitchener

Detached43+22512 sq ft

Listed by Real Broker Ontario Ltd.

Living room with furniture, unknown for 49 Ralgreen Cres, Kitchener Ontario N2M 1V1

2 days on market

Up to6K Cashback

49 Ralgreen Cres, Kitchener

Townhouse32+11591 sq ft

Listed by RED AND WHITE REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 98 Ruskview Rd, Kitchener Ontario N2M 4S3

Re-listed 2 days ago

$•••,•••

Up to5K Cashback

98 Ruskview Rd, Kitchener

Detached3+121100-1500 sq ft

Listed by RE/MAX REALTY SPECIALISTS INC.

Home with brick exterior material, street for 98 Ruskview Rd, Kitchener Ontario N2M 4S3

Re-listed 3 days ago

$•••,•••

Up to7K Cashback

98 Ruskview Rd, Kitchener

Detached3+121189 sq ft

Listed by CENTURY 21 RIGHT TIME REAL ESTATE INC.

Unknown for 100 Warren Rd, Kitchener Ontario N2M 4T4

7 days on market

$•••,•••

Up to5K Cashback

100 Warren Rd, Kitchener

Detached4+231500-2000 sq ft

Listed by HOUSESIGMA INC.

Home with brick exterior material, street for 83 Cloverdale Cres, Kitchener Ontario N2M 4X1

Re-listed 22 days ago

$•••,•••

Up to8K Cashback

83 Cloverdale Cres, Kitchener

Detached3+121152 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 173 Ripplewood Cres, Kitchener Ontario N2M 4R9

32 days on market

Up to12K Cashback

173 Ripplewood Cres, Kitchener

Detached433722 sq ft

Listed by Royal LePage Wolle Realty

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 1358 Queen's Blvd, Kitchener Ontario N2M 1C8

Re-listed 59 days ago

$•••,•••

Up to3K Cashback

1358 Queen's Blvd, Kitchener

Semi-Detached321100-1500 sq ft

Home with brick exterior material, street for 57 Larkspur Cres, Kitchener Ontario N2M 4W8

Sold cond. - Escape clause

$•••,•••

Up to4K Cashback

57 Larkspur Cres, Kitchener

Detached321100-1500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Just sold - Forest Hill

Unknown for 266 Overlea Dr, Kitchener Ontario N2M 5N3

Sold 7 days ago

Sold for $340,000

$10K below asking

266 Overlea Dr, Kitchener

Condo21700-799 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 266 Overlea Dr #408, Kitchener Ontario N2M 5N3

Sold 8 days ago

Sold for $340,000

$10K below asking

266 Overlea Dr #408, Kitchener

Condo21732 sq ft

Listed by RE/MAX Twin City Realty Inc.

Home with vinyl exterior material, street for 240 STONYBROOK Dr, Kitchener Ontario N2M 4M1

Sold 11 days ago

Sold for $683,000

$43K above asking

240 STONYBROOK Dr, Kitchener

Detached31700-1100 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with vinyl exterior material, street for 395 Forest Hill Dr, Kitchener Ontario N2M 4H3

Sold 11 days ago

Sold for $740,000

$20K below asking

395 Forest Hill Dr, Kitchener

Detached421500-2000 sq ft

Listed by C M A REALTY LTD.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 6 Ralgreen Cres, Kitchener Ontario N2M 1T9

Sold 12 days ago

Sold for $640,000

$90K above asking

6 Ralgreen Cres, Kitchener

Townhouse421100-1500 sq ft

Listed by RE/MAX ICON REALTY

Home with brick exterior material, street for 121 Ripplewood Cres, Kitchener Ontario N2M 4R9

Sold 20 days ago

Sold for $880,000

$81K above asking

121 Ripplewood Cres, Kitchener

Detached542000-2500 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Home with brick exterior material, street for 45 Uplands Dr, Kitchener Ontario N2M 4X3

Sold 24 days ago

Sold for $900,000

$30K above asking

45 Uplands Dr, Kitchener

Detached2+22700-1100 sq ft

Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Unknown for 65 Overlea Dr, Kitchener Ontario N2M 1S9

Sold 27 days ago

Sold for $550,000

65 Overlea Dr, Kitchener

Townhouse311100-1500 sq ft

Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 110 Ralgreen Cres, Kitchener Ontario N2M 1T9

Sold 37 days ago

Sold for $656,500

$67K above asking

110 Ralgreen Cres, Kitchener

Townhouse331500-2000 sq ft

Listed by EXP REALTY

Unknown for 67 Warren Rd, Kitchener Ontario N2M 4T6

Sold 58 days ago

Sold for $720,000

$30K below asking

67 Warren Rd, Kitchener

Detached321100-1500 sq ft

Listed by EXP REALTY

Population and Demographics

Overview

Total population 4987

Average household income $109,768

Age (%)

0 to 19

23%

20 to 34

20%

35 to 49

20%

65 and plus

18%

50 to 64

18%

Household composition (%)

Single family

68%

Single person

27%

Multi person

4%

Multi family

1%

Mother tongue (%)

English

83%

Others

5%

Arabic

3%

Spanish

3%

German

2%

Romanian

1%

Portuguese

1%

House tenancy (%)

Owners

61%

Renters

39%

Top 2 Schools in Forest Hill

St Paul Catholic Elementary School45 Birchcliffe Ave, N2M 4V7, Kitchener, ON

6.8/10

Public•JK-8

Southridge Public School1425 Queen's Blvd, N2M 5B3, Kitchener, ON

5.1/10

Public•JK-6

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance