Government Road, Burnaby Market Report – September 2020

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.

← August 2020 Next month →
11
Units Sold
$926,591
Avg Sold Price
18d
Avg Days on Market
Strong Seller's Market
Market Condition
43 active at start of month 30 new listings Absorption rate: 25.6% Highest sold: $1,988,000 Lowest sold: $330,000

How Does September 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
September 2020 (this report) 11 $926,591 18d
August 2020 month prior 13 -15.4% $933,915 -0.8% 25d -28%

3-Year Price Trend — Government Road, Burnaby

The Government Road, Burnaby real estate market was a Strong Seller's Market in September 2020, with 43 active listings at the start of the month, 11 properties sold, an average sold price of $926,591, properties averaging 18 days on market, an absorption rate of 25.6%. 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
Get your home value ›

Frequently Asked Questions — Government Road, Burnaby September 2020

In September 2020, the Government Road, Burnaby real estate market is classified as a Strong Seller's Market with an absorption rate of 25.6%. 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.

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.

★★★★★ 4.8 / 5  —  700+ Google Reviews Read Reviews →