Government Road, Burnaby Townhouse Market Report – July 2020

Government Road is an active townhouse 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.

Next month →
3
Units Sold
$862,667
Avg Sold Price
17d
Avg Days on Market
Strong Seller's Market
Market Condition
7 active at start of month 3 new listings Absorption rate: 42.9% Highest sold: $1,068,000 Lowest sold: $735,000

How Does July 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
July 2020 (this report) 3 $862,667 17d
June 2020 month prior 1 +200% $585,000 +47.5% 79d -78.5%

3-Year Price Trend — Government Road, Burnaby Townhouse

The Government Road, Burnaby townhouse real estate market was a Strong Seller's Market in July 2020, with 7 active listings at the start of the month, 3 properties sold, an average sold price of $862,667, properties averaging 17 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
Get your home value ›

Frequently Asked Questions — Government Road, Burnaby July 2020

In July 2020, the Government Road, Burnaby townhouse real estate market is classified as a Strong Seller's Market with an absorption rate of 42.9%. 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: 06/03/2026   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.

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