The Forest Heights real estate market continues to be stronger than the Edmonton market on an average sale price per square foot basis. Forest Heights' average sale price per square foot has consistently been in the $300 plus range, occasionally falling to the $280/sq ft. Forest Heights does have a high number of basement suite eligible homes. The zoning for many homes in Forest Heights allows for 2 or more suites, this makes the area attractive to investors and helps the selling prices. A basement suite in Edmonton is starting to become more and more valuable with the increasing prices and decreasing vacancy rate. The highest sale price for a home in Forest Heights in 2012 has been $493,000. The average time to sell a home in Forest Heights has been 63 days in 2012. That is a little longer than the Edmonton average days on market of 48 so far in 2012.
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