Homes for Sale in Government Road, Burnaby

There are currently 54 homes for sale in Government Road, Burnaby. Prices range from $389,900 to $8,140,950. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.

↓ Buyer's Market
54
Active Listings
5
Sold (30 days)
9.3%
Sales Ratio
Buyer's Market
$1.50M
Median Price
$954
Avg $/sqft
113
Avg Days
Sale-to-List Ratio & Sold Prices
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Market summary

The homes market in Government Road, Burnaby is currently a Buyer's Market with a 9.3% sales ratio — 5 homes sold against 54 active listings in the past 30 days. The median asking price is $1,498,500 ($954/sqft). Properties are selling slowly, averaging 113 days on the market.

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For Sale

36 listings

Recently Sold

14 sold nearby

Market Activity by Price Range — Government Road, Burnaby

Price Range Active Sold (30d) Sales Ratio
$300K–$400K 1 0 0%
$400K–$500K 11 0 0%
$500K–$600K 5 1 20%
$600K–$700K 2 1 50%
$700K–$800K 3 0 0%
$800K–$900K 1 0 0%
$900K–$1M 2 0 0%
$1M–$1.25M 2 0 0%
$1.5M–$2M Most Active 3 2 67%
Over $2M 24 1 4%

Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.

Market Activity by Bedroom Count

BedroomsActiveSold (30d)Sales Ratio
1 Bedroom 4 0 0%
2 Bedroom 15 1 7%
3 Bedroom 12 1 8%
4 Bedroom 6 2 33%
5 Bedroom 8 1 13%
7 Bedroom 7 0 0%

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Frequently Asked Questions — Government Road, Burnaby

How many homes are for sale in Government Road, Burnaby?
There are currently 54 homes listed for sale in Government Road, Burnaby. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for homes in Government Road, Burnaby?
It is currently a Buyer's Market. With a 9.3% sales ratio, there are more homes available than buyers are purchasing, giving buyers more time and negotiating power. See the full Burnaby real estate market report for monthly trends.
What is the median price of homes in Government Road, Burnaby?
The median asking price for homes in Government Road, Burnaby is $1,498,500. The average price per sqft is $954. See the full Burnaby real estate market report for monthly trends.
How long do homes take to sell in Government Road, Burnaby?
Homes in Government Road, Burnaby are averaging 113 days on market before selling. Buyers have time to view multiple properties and negotiate.

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