Neighborhood of Forest Heights
Neighborhood of Forest Heights

Neighborhood of Forest Heights Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

1

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.

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*

19

New

23(+27.78% YoY)

Relisted

1(- YoY)

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

Total Sold Listings*

13

Median Sold Price

$770,000

Avg Days on Market

13 days

Median Bidding

$20,100

Compared to number of sold, same period, in 2024: 16, in 2023: 11, in 2022: 32

*Data is for the month of March

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

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Just sold - Neighborhood of Forest Heights

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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