Neighborhood of Forest HeightsHousing market

Neighborhood of Forest Heights

Neighborhood of Forest Heights Housing Market Report

Seller's Market

All types - for the month of May

Buyer's market Seller's market

3

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 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

17

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*

32 active

New

32(+6.67% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 12, in 2023: 0, in 2022: 5

Total Sold Listings*

12 sold

Median Sold Price

$694,000

Avg Days on Market

17 days

Median Bidding

-$4,950

Compared to number of sold, same period, in 2024: 24, in 2023: 24, in 2022: 25

*Data is for the month of May

Median Sold Price vs Average Days and Average Total Days on Market - Neighborhood of Forest Heights - All types

Sold vs Active vs New vs Relisted - Neighborhood of Forest Heights - All types

Sold Price Distribution - Neighborhood of Forest Heights - All types

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

Property Type Distribution - Neighborhood of Forest Heights - All types

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

Median Price - Neighborhood of Forest Heights - All types

Just listed - Neighborhood of Forest Heights

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 149 Forestwood Dr, Kitchener Ontario N2N 1B7

22 hours on market

Up to7K Cashback

149 Forestwood Dr, Kitchener

Detached321622 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with vinyl exterior material, street for 42 Monteagle Cres, Kitchener Ontario N2N 1N1

1 day on market

Up to3K Cashback

42 Monteagle Cres, Kitchener

Semi-Detached321100-1500 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Unknown for 38 Claycroft Cres, Kitchener Ontario N2N 2R7

1 day on market

Up to4K Cashback

38 Claycroft Cres, Kitchener

Detached321100-1500 sq ft

Listed by RE/MAX ADVANTAGE REALTY LTD.

Home with vinyl exterior material, street for 40 Meadowbrook Dr, Kitchener Ontario N2N 1E6

1 day on market

Up to8K Cashback

40 Meadowbrook Dr, Kitchener

Detached4+23+12439.44 sq ft

Listed by RE/MAX Twin City Realty Inc.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 14 GREENVIEW Dr #607, Kingston Ontario K7M 7T5

6 days on market

Up to2K Cashback

14 GREENVIEW Dr #607, Kingston

Condo21800-899 sq ft

Listed by WAGAR AND MYATT LTD., BROKERAGE

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 2 Cora Dr, Kitchener Ontario N2N 3C6

Re-listed 7 days ago

$•••,•••

Up to4K Cashback

2 Cora Dr, Kitchener

Detached3+131100-1500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 79 Timberlane Cres, Kitchener Ontario N2N 1T5

7 days on market

Up to6K Cashback

79 Timberlane Cres, Kitchener

Detached32+11297 sq ft

Listed by R.W. Dyer Realty Inc., Brokerage

Pool for 33 Mcgarry Dr, Kitchener Ontario N2N 1A3

8 days on market

$•••,•••

Up to4K Cashback

33 Mcgarry Dr, Kitchener

Detached431500-2000 sq ft

Listed by RE/MAX Solid Gold Realty (II) Ltd

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 31 Driftwood Pl, Kitchener Ontario N2N 1W3

Re-listed 9 days ago

$•••,•••

Up to4K Cashback

31 Driftwood Pl, Kitchener

Detached321100-1500 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 286 Driftwood Dr, Kitchener Ontario N2N 1X6

10 days on market

Up to4K Cashback

286 Driftwood Dr, Kitchener

Detached3+331500-2000 sq ft

Listed by RE/MAX MILLENNIUM REAL ESTATE

Just sold - Neighborhood of Forest Heights

Home with brick exterior material, street for 19 Old Park Lane, Kitchener Ontario N2N 2J7

Sold for $955,100

$56K above asking

19 Old Park Lane, Kitchener

Detached442000-2500 sq ft

Listed by PEAK REALTY LTD.

Unknown for 27 Meadow Woods Cres, Kitchener Ontario N2N 1T3

Sold 5 days ago

Sold for $525,000

$50K above asking

27 Meadow Woods Cres, Kitchener

Semi-Detached321100-1500 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 169 Elm Ridge Dr #45, Kitchener Ontario N2N 1L7

Sold 6 days ago

Sold for $468,000

$22K below asking

169 Elm Ridge Dr #45, Kitchener

Condo31900-999 sq ft

Listed by RE/MAX A-B Realty Ltd

Home with vinyl exterior material, street for 27 Connelly Dr, Kitchener Ontario N2N 2T6

Sold 8 days ago

Sold for $772,000

$28K below asking

27 Connelly Dr, Kitchener

Detached321100-1500 sq ft

Listed by ROYAL LEPAGE SUPREME REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 156 Brookside Cres, Kitchener Ontario N2N 1H1

Sold 10 days ago

Sold for $850,000

$50K above asking

156 Brookside Cres, Kitchener

Detached43+11982.17 sq ft

Listed by KELLER WILLIAMS INNOVATION REALTY

Standard kitchen, unknown for 476 Westheights Dr, Kitchener Ontario N2N 1M5

Sold 11 days ago

Sold for $668,000

$68K above asking

476 Westheights Dr, Kitchener

Detached4+131500-2000 sq ft

Listed by RE/MAX Real Estate Centre Inc

Unknown for 11 Stonehenge Pl, Kitchener Ontario N2N 2M8

Sold 11 days ago

Sold for $860,000

$40K below asking

11 Stonehenge Pl, Kitchener

Detached332260 sq ft

Listed by Royal LePage Wolle Realty

Home with brick exterior material, street for 101 Blackwell Dr, Kitchener Ontario N2N 1S8

Sold 24 days ago

Sold for $790,000

$90K above asking

101 Blackwell Dr, Kitchener

Detached322000-2500 sq ft

Listed by PEAK REALTY LTD.

Home with vinyl exterior material, street for 46 Newbury Dr, Kitchener Ontario N2N 2X6

Sold 24 days ago

Sold for $639,899

46 Newbury Dr, Kitchener

Detached3+111925 sq ft

Listed by HOMES BY WATSON REALTY & APPRAISALS INC.

Home with brick exterior material, street for 205 Mcgarry Dr, Kitchener Ontario N2N 1G3

Sold 25 days ago

Sold for $630,000

$20K below asking

205 Mcgarry Dr, Kitchener

Detached32+11506 sq ft

Listed by ROYAL LEPAGE CROWN REALTY SERVICES, BROKERAGE

Population and Demographics

Overview

Total population 14038

Average household income $122,668

Age (%)

0 to 19

23%

50 to 64

20%

35 to 49

20%

65 and plus

18%

20 to 34

18%

Household composition (%)

Single family

79%

Single person

17%

Multi person

3%

Multi family

1%

Mother tongue (%)

English

85%

Others

3%

Spanish

2%

Arabic

2%

Romanian

2%

German

1%

Portuguese

1%

French

1%

House tenancy (%)

Owners

85%

Renters

15%

Top 4 Schools in Neighborhood of Forest Heights

John Darling Public School200 Rolling Meadows Dr, N2N 3G9, Kitchener, ON

7.9/10

Public•JK-6

St Mark Catholic Elementary School240 Autumn Hill Cres, N2N 1K8, Kitchener, ON

7.6/10

Public•JK-8

Driftwood Park Public School50 Parkland Cres, N2N 1S4, Kitchener, ON

6.8/10

Public•JK-6

Meadowlane Public School236 Forestwood Dr, N2N 1C1, Kitchener, ON

4.6/10

Public•JK-6

Transportation

Car Friendly

5/5

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

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

0/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance