Government Road, Burnaby Condo Market Report – April 2021

Government Road is an active condo market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Government Road based on MLS® data.

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15
Units Sold
$508,760
Avg Sold Price
21d
Avg Days on Market
Strong Seller's Market
Market Condition
40 active at start of month 13 new listings Absorption rate: 37.5% Highest sold: $570,000 Lowest sold: $398,000

How Does April 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
April 2021 (this report) 15 $508,760 21d
March 2021 month prior 10 +50% $528,500 -3.7% 31d -32.3%

3-Year Price Trend — Government Road, Burnaby Condo

The Government Road, Burnaby condo real estate market was a Strong Seller's Market in April 2021, with 40 active listings at the start of the month, 15 properties sold, an average sold price of $508,760, properties averaging 21 days on market, an absorption rate of 37.5%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Government Road, Burnaby specialist
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Frequently Asked Questions — Government Road, Burnaby April 2021

In April 2021, the Government Road, Burnaby condo real estate market is classified as a Strong Seller's Market with an absorption rate of 37.5%. It is currently a strong seller's market in Government Road, Burnaby, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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