Government Road, Burnaby Condo Market Report – April 2025

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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5
Units Sold
$562,400
Avg Sold Price
7d
Avg Days on Market
Buyer's Market
Market Condition
116 active at start of month 18 new listings Absorption rate: 4.3% Highest sold: $595,000 Lowest sold: $499,000

How Does April 2025 Compare?

Period Units Sold Avg Sold Price Avg DOM
April 2025 (this report) 5 $562,400 7d
March 2025 month prior 3 +66.7% $628,667 -10.5% 11d -36.4%
April 2024 year ago 6 -16.7% $598,800 -6.1%

3-Year Price Trend — Government Road, Burnaby Condo

The Government Road, Burnaby condo real estate market was a Buyer's Market in April 2025, with 116 active listings at the start of the month, 5 properties sold, an average sold price of $562,400, properties averaging 7 days on market, an absorption rate of 4.3%. 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 2025

In April 2025, the Government Road, Burnaby condo real estate market is classified as a Buyer's Market with an absorption rate of 4.3%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. 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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