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

Home with brick exterior material, street for 23 Meadowbrook Dr, Kitchener Ontario N2N 1E5

5 hours on market

Up to4K Cashback

23 Meadowbrook Dr, Kitchener

Detached321500-2000 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 286 Newbury Dr, Kitchener Ontario N2N 3A3

1 day on market

Up to4K Cashback

286 Newbury Dr, Kitchener

Detached321500-2000 sq ft

Listed by SHAW REALTY GROUP INC.

Indoor entryway for 51 Costain Crt, Kitchener Ontario N2N 3A5

5 days on market

Up to5K Cashback

51 Costain Crt, Kitchener

Detached3+131100-1500 sq ft

Listed by PEAK REALTY LTD

Home with vinyl exterior material, street for 12 Forestwood Dr, Kitchener Ontario N2N 1B1

5 days on market

Up to4K Cashback

12 Forestwood Dr, Kitchener

Detached431500-2000 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, street for 23 Greenbough Crt, Kitchener Ontario N2N 1L8

6 days on market

Up to9K Cashback

23 Greenbough Crt, Kitchener

Detached33+12195 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Laundry room for 69 Lanark Cres, Kitchener Ontario N2N 2R7

6 days on market

Up to8K Cashback

69 Lanark Cres, Kitchener

Detached3+13+12216 sq ft

Listed by RE/MAX REAL ESTATE CENTRE INC.

Living room with furniture, unknown for 55 Silver Aspen Cres, Kitchener Ontario N2N 1H5

6 days on market

Up to4K Cashback

55 Silver Aspen Cres, Kitchener

Detached3+12700-1100 sq ft

Listed by RE/MAX WEST REALTY INC.

Unknown for 27 Sugar Maple St, Kitchener Ontario N2N 1X4

11 days on market

Up to6K Cashback

27 Sugar Maple St, Kitchener

Detached32700-1100 sq ft

Listed by RED AND WHITE REALTY INC.

Home with brick exterior material, street for 21 Forest Glen Crt, Kitchener Ontario N2N 1E1

12 days on market

Up to4K Cashback

21 Forest Glen Crt, Kitchener

Detached3+131100-1500 sq ft

Listed by SIGNATURE HOME REALTY INC.

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

Re-listed 13 days ago

$•••,•••

Up to3K Cashback

79 Timberlane Cres, Kitchener

Detached321100-1500 sq ft

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

Just sold - Neighborhood of Forest Heights

Unknown for 247 Westheights Dr, Kitchener Ontario N2N 1K3

Sold 3 days ago

Sold for $785,000

$10K above asking

247 Westheights Dr, Kitchener

Detached43+12094 sq ft

Listed by EXP REALTY

Pool for 33 Mcgarry Dr, Kitchener Ontario N2N 1A3

Sold 4 days ago

Sold for $771,000

$21K above asking

33 Mcgarry Dr, Kitchener

Detached431500-2000 sq ft

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

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

Sold 7 days ago

Sold for $621,000

$71K above asking

79 Timberlane Cres, Kitchener

Detached32+11297 sq ft

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

Home with vinyl exterior material, street for 130 Blackwell Dr, Kitchener Ontario N2N 2P9

Sold 8 days ago

Sold for $727,000

$27K above asking

130 Blackwell Dr, Kitchener

Detached3+13+11533.96 sq ft

Listed by RED AND WHITE REALTY INC.

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

Sold 12 days ago

Sold for $555,000

42 Monteagle Cres, Kitchener

Semi-Detached321100-1500 sq ft

Listed by ROYAL LEPAGE WOLLE REALTY

Home with brick exterior material, street for 9 Toynbee Cres, Kitchener Ontario N2N 1R8

Sold 14 days ago

Sold for $955,000

$5K above asking

9 Toynbee Cres, Kitchener

Detached44+13026.63 sq ft

Listed by PEAK REALTY LTD.

Unknown for 48 Timberlane Cres, Kitchener Ontario N2N 1S9

Sold 14 days ago

Sold for $520,000

$20K above asking

48 Timberlane Cres, Kitchener

Semi-Detached311100-1500 sq ft

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

Home with brick exterior material, street for 102 Sugar Maple St, Kitchener Ontario N2N 1X7

Sold 15 days ago

Sold for $680,000

$20K below asking

102 Sugar Maple St, Kitchener

Detached3+121807 sq ft

Listed by COLDWELL BANKER PETER BENNINGER REALTY

Unknown for 38 Claycroft Cres, Kitchener Ontario N2N 2R7

Sold 15 days ago

Sold for $755,600

$6K above asking

38 Claycroft Cres, Kitchener

Detached321100-1500 sq ft

Listed by RE/MAX ADVANTAGE REALTY LTD.

Home with brick exterior material, street for 38 Claycroft Cres, Kitchener Ontario N2N 2R7

Sold 16 days ago

Sold for $755,600

$6K above asking

38 Claycroft Cres, Kitchener

Detached321795 sq ft

Listed by RE/MAX ADVANTAGE REALTY LTD.

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