Government Road, Burnaby Condo Market Report – June 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.

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9
Units Sold
$460,311
Avg Sold Price
35d
Avg Days on Market
Seller's Market
Market Condition
21 active at start of month 9 new listings Absorption rate: 42.9% Highest sold: $581,000 Lowest sold: $380,000

How Does June 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
June 2020 (this report) 9 $460,311 35d
May 2020 month prior 2 +350% $462,500 -0.5% 46d -23.9%

3-Year Price Trend — Government Road, Burnaby Condo

The Government Road, Burnaby condo real estate market was a Seller's Market in June 2020, with 21 active listings at the start of the month, 9 properties sold, an average sold price of $460,311, properties averaging 35 days on market, an absorption rate of 42.9%. 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 June 2020

In June 2020, the Government Road, Burnaby condo real estate market is classified as a Seller's Market with an absorption rate of 42.9%. 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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