Government Road, Burnaby Market Report – December 2020

Q: How many homes sold in Government Road, Burnaby in December 2020?

13 properties sold in Government Road, Burnaby during December 2020 based on MLS® records. There were 72 active listings at the start of the month. A total of 8 new listings came to market during the month.

Q: What is the average home price in Government Road, Burnaby?

The average sold price in Government Road, Burnaby in December 2020 was $688,677. Sold prices ranged from $358,000 to $1,898,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Government Road, Burnaby?

In December 2020, properties in Government Road, Burnaby averaged 40 days on the market before selling. With an absorption rate of 18.1%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

Q: How has the Government Road, Burnaby market changed compared to last year?

Year-over-year comparison data is not available for Government Road, Burnaby in December 2020. Browse the monthly archive to track price trends over multiple years for this area. Data is sourced from MLS® sold records.

Government Road is an active real estate 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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Units Sold

$688,677

Avg Sold Price

40d

Avg Days on Market

Balanced Market

Market Condition

72 active at start of month 8 new listings Absorption rate: 18.1% Highest sold: $1,898,000 Lowest sold: $358,000

How Does December 2020 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
December 2020 (this report)	13	$688,677	40d
November 2020 month prior	13 +0%	$1,148,737 -40%	38d +5.3%

3-Year Price Trend — Government Road, Burnaby

The Government Road, Burnaby real estate market was a Balanced Market in December 2020, with 72 active listings at the start of the month, 13 properties sold, an average sold price of $688,677, properties averaging 40 days on market, an absorption rate of 18.1%. All data is sourced from MLS® sold records.

Recently Sold in Government Road, Burnaby

3601 Lynndale Crescent

3 bd • 3 ba • Townhouse

9088 Halston Court

Sold $1,047,500

3 bd • 3 ba • Townhouse

9101 Horne Street

Sold $385,000

1 bd • 1 ba • Apartment

Active Listings in Government Road, Burnaby

8038 Cloverlake Court

$3,088,000

5 bd • 6 ba • House

9233 Government Street

$625,000

2 bd • 2 ba • Apartment

8965 Horne Street

$599,000

2 bd • 2 ba • Townhouse

9521 Cardston Court

$524,900

2 bd • 2 ba • Apartment

3970 Carrigan Court

$519,000

2 bd • 2 ba • Apartment

8029 Westlake Street

$2,375,000

5 bd • 3 ba • House

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Government Road, Burnaby specialist

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Related: Government Road, Burnaby Archive → Live Market Stats → Burnaby Reports → All BC Reports →

Frequently Asked Questions — Government Road, Burnaby December 2020

Is it a good time to buy in Government Road, Burnaby? −

In December 2020, the Government Road, Burnaby real estate market is classified as a Balanced Market with an absorption rate of 18.1%. The market in Government Road, Burnaby is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Government Road, Burnaby in December 2020? +

What is the average home price in Government Road, Burnaby? +

How long are homes sitting on the market in Government Road, Burnaby? +

How has the Government Road, Burnaby market changed compared to last year? +

Last Update: 06/04/2026 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.