Balanced Market · 16 days on market
The Government Road, Burnaby townhouse market is balanced, giving both buyers and sellers reasonable negotiating power. Townhouses are selling in an average of 16 days on the market. The absorption rate is 12.5% — meaning 12.5% of active townhouse inventory sells each month.
12-month average townhouse sold price
Insufficient recent townhouse sales in Government Road to calculate a reliable average price. See Burnaby townhouse market for city-level data.
Government Road is a Balanced Market for townhouses (absorption rate: 12.5%, 0 sold vs 8 active listings in the last 30 days).