Government Road, Burnaby Condo Market Report – July 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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7
Units Sold
$543,286
Avg Sold Price
10d
Avg Days on Market
Balanced Market
Market Condition
47 active at start of month 10 new listings Absorption rate: 14.9% Highest sold: $623,000 Lowest sold: $450,000

How Does July 2021 Compare?

Period Units Sold Avg Sold Price Avg DOM
July 2021 (this report) 7 $543,286 10d
June 2021 month prior 7 +0% $547,429 -0.8% 18d -44.4%
July 2020 year ago 7 +0% $500,857 +8.5%

3-Year Price Trend — Government Road, Burnaby Condo

The Government Road, Burnaby condo real estate market was a Balanced Market in July 2021, with 47 active listings at the start of the month, 7 properties sold, an average sold price of $543,286, properties averaging 10 days on market, an absorption rate of 14.9%. 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 Condo Market

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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