Government Road, Burnaby Condos for Sale Under $1M
There are currently 17 condos for sale in Government Road, Burnaby priced Under $1M. The median asking price is $520,000, averaging $589/sqft. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates.
Market summary
The condos priced under $1m market in Government Road, Burnaby is currently a Seller's Market with a 23.5% sales ratio — 4 homes sold against 17 active listings in the past 30 days. The median asking price is $520,000 ($589/sqft). Properties are selling slowly, averaging 38 days on the market.
For Sale
17 listings
↑ Seller's Market
17
Active Listings
4
Sold (30 days)
23.5%
Sales Ratio
Seller's Market
$520K
Median Price
$589
Avg $/sqft
38
Avg Days
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| $300K–$400K Most Active | 1 | 1 | 100% | |
| $400K–$500K | 7 | 2 | 29% | |
| $500K–$600K | 3 | 0 | 0% | |
| $600K–$700K | 3 | 1 | 33% | |
| $700K–$800K | 2 | 0 | 0% | |
| $800K–$900K | 1 | 0 | 0% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
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Frequently Asked Questions — Government Road, Burnaby
How many condos priced under $1m are for sale in Government Road, Burnaby?
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There are currently 17 condos priced under $1m 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 condos in Government Road, Burnaby?
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It is currently a Seller's Market. With a 23.5% sales ratio, demand is outpacing supply — condos are moving quickly and sellers have the upper hand in negotiations. See the full Burnaby Condos market report for monthly trends.
What is the median price of condos in Government Road, Burnaby?
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The median asking price for condos in Government Road, Burnaby is $520,000. The average price per sqft is $589. See the full Burnaby Condos market report for monthly trends.
How long do condos take to sell in Government Road, Burnaby?
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Condos in Government Road, Burnaby are averaging 38 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are there good condos priced under $1m in Government Road, Burnaby?
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Yes — there are currently 17 condos priced under $1m available in Government Road, Burnaby. Use the filters above to narrow by bedrooms, bathrooms, or features like suites and basements.
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