Buyer's Market · avg house price $2,000,000 · 1 houses sold (30d) · 38 days on market
Buyers currently have more choice in Government Road, Burnaby's detached home market, with homes taking longer to sell. In the past 30 days, 1 houses and detached homes sold across Government Road, Burnaby at an average sold price of $2,000,000. Properties are selling in an average of 38 days on the market. The absorption rate is 4.3% — meaning 4.3% of the active house inventory sells each month. Average house prices in Government Road, Burnaby are up 0.2% compared to the 90-day average of $1,996,000. If you're considering buying a house in Government Road, Burnaby, you have more time to negotiate — though well-priced single-family homes still attract attention.
Explore the full profile & sale history for recently sold Government Road homes.
12-month average house sold price
| Month | Sold | Avg price | $/sqft | Avg DOM |
|---|---|---|---|---|
| October | 2 | $1,925,000 | $691 | 51 days |
| September | 1 | $2,138,000 | $698 | 13 days |
| July | 3 | $2,183,333 | $598 | 180 days |
| May | 4 | $2,787,500 | $808 | 54 days |
| February | 4 | $2,218,750 | $801 | 12 days |
| January | 1 | $3,800,000 | $632 | 104 days |
Monthly MLS® sold homes over the last 12 months. Months with no recorded sales are omitted; a single sale can swing a month's average in lower-volume areas.
Government Road is a Buyer's Market for detached homes and houses (absorption rate: 4.3%, 1 sold vs 23 active listings in the last 30 days).