Government Road, Burnaby House Market Report – October 2020

In October 2020, the Government Road, Burnaby house real estate market is classified as a Seller's Market with an absorption rate of 25%. 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.

5 house properties sold in Government Road, Burnaby during October 2020 based on MLS® records. There were 20 active listings at the start of the month. A total of 9 new listings came to market during the month.

The average house sold price in Government Road, Burnaby in October 2020 was $1,705,000. Sold prices ranged from $1,320,000 to $2,080,000. Data is sourced from MLS® board records.

In October 2020, house properties in Government Road, Burnaby averaged 15 days on the market before selling. With an absorption rate of 25%, the market is currently a Seller's Market. A lower average days-on-market indicates stronger demand.

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