Government Road, Burnaby Condo Market Report – August 2020

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.

← July 2020 Next month →
7
Units Sold
$460,700
Avg Sold Price
29d
Avg Days on Market
Seller's Market
Market Condition
22 active at start of month 9 new listings Absorption rate: 31.8% Highest sold: $499,999 Lowest sold: $380,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 7 $460,700 29d
July 2020 month prior 7 +0% $500,857 -8% 41d -29.3%

3-Year Price Trend — Government Road, Burnaby Condo

The Government Road, Burnaby condo real estate market was a Seller's Market in August 2020, with 22 active listings at the start of the month, 7 properties sold, an average sold price of $460,700, properties averaging 29 days on market, an absorption rate of 31.8%. All data is sourced from MLS® sold records.

Recently Sold in Government Road, Burnaby

9101 Horne Street
Sold $385,000
1 bd • 1 ba • Apartment
3901 Carrigan Court
Sold $516,000
3 bd • 2 ba • Apartment
3970 Carrigan Court
Sold $516,000
2 bd • 2 ba • Apartment
9283 Government Street
Sold $645,000
2 bd • 2 ba • Apartment
3911 Carrigan Court
Sold $515,000
2 bd • 1 ba • Apartment
9098 Halston Court
Sold $527,500
1 bd • 1 ba • Apartment

Active Listings in Government Road, Burnaby

3911 Carrigan Crescent
$396,000
1 bd • 1 ba • Apartment
9521 Cardston Court
$524,900
2 bd • 2 ba • Apartment
9233 Government Street
$659,000
2 bd • 2 ba • Apartment
9521 Cardston Court
$548,000
2 bd • 2 ba • Apartment
9233 Government Street
$625,000
2 bd • 2 ba • Apartment
3980 Carrigan Court
$559,000
2 bd • 2 ba • Apartment

Top Buildings in Government Road, Burnaby

Discovery Place
239 units
Discovery Place I
239 units
Discovery Place Ii
219 units
Concorde Place
211 units
Concorde Place
211 units
Sandlewood
200 units
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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Related: Government Road, Burnaby Condo Archive → Live Market Stats → Burnaby Reports → All BC Reports →

Frequently Asked Questions — Government Road, Burnaby August 2020

In August 2020, the Government Road, Burnaby condo real estate market is classified as a Seller's Market with an absorption rate of 31.8%. It is currently a seller's market in Government Road, Burnaby. While demand is elevated, qualified buyers can still find opportunities. 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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