Government Road, Burnaby Townhouse Market Report – May 2023

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.

← April 2023 Next month →
6
Units Sold
$990,833
Avg Sold Price
14d
Avg Days on Market
Seller's Market
Market Condition
26 active at start of month 3 new listings Absorption rate: 23.1% Highest sold: $1,230,000 Lowest sold: $640,000

How Does May 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2023 (this report) 6 $990,833 14d
April 2023 month prior 2 +200% $1,247,500 -20.6% 7d +100%

3-Year Price Trend — Government Road, Burnaby Townhouse

The Government Road, Burnaby townhouse real estate market was a Seller's Market in May 2023, with 26 active listings at the start of the month, 6 properties sold, an average sold price of $990,833, properties averaging 14 days on market, an absorption rate of 23.1%. All data is sourced from MLS® sold records.

Recently Sold in Government Road, Burnaby

3862 Pentland Court
Sold $1,030,000
3 bd • 3 ba • Townhouse
9088 Halston Court
Sold $1,047,500
3 bd • 3 ba • Townhouse
9133 Government Street
Sold $999,900
3 bd • 3 ba • Townhouse
9133 Government Street
Sold $930,000
3 bd • 3 ba • Townhouse
8851 Horne Street
Sold $710,000
3 bd • 3 ba • Townhouse
9088 Halston Court
Sold $1,035,000
3 bd • 3 ba • Townhouse

Active Listings in Government Road, Burnaby

9133 Government Street
$1,399,000
4 bd • 4 ba • Townhouse
8965 Horne Street
$599,000
2 bd • 2 ba • Townhouse
3980 Carrigan Court
$960,000
3 bd • 2 ba • Townhouse
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Government Road, Burnaby specialist
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Related: Government Road, Burnaby Townhouse Archive → Live Market Stats → Burnaby Reports → All BC Reports →

Frequently Asked Questions — Government Road, Burnaby May 2023

In May 2023, the Government Road, Burnaby townhouse real estate market is classified as a Seller's Market with an absorption rate of 23.1%. 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.

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.

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