Government Road, Burnaby House Market Report – September 2020

In September 2020, the Government Road, Burnaby house real estate market is classified as a Strong Seller's Market with an absorption rate of 33.3%. It is currently a strong seller's market in Government Road, Burnaby, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

4 house properties sold in Government Road, Burnaby during September 2020 based on MLS® records. There were 12 active listings at the start of the month. A total of 12 new listings came to market during the month.

The average house sold price in Government Road, Burnaby in September 2020 was $1,655,750. Sold prices ranged from $1,398,000 to $1,988,000. Data is sourced from MLS® board records.

In September 2020, house properties in Government Road, Burnaby averaged 6 days on the market before selling. With an absorption rate of 33.3%, the market is currently a Strong 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 September 2020. Browse the monthly archive to track price trends over multiple years for this area. Data is sourced from MLS® sold records.