Market Report›February 2024›Government Road
Neighbourhood Market Report

February 2024 Real Estate Market — Government Road

The Government Road market recorded 8 sales in February 2024 at an average sold price of $1,191,363. This report covers all property types in Government Road.

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Seller'sGovernment Road real estate market conditions for February 2024
8
Homes Sold
$1,191,363
Avg Sold Price
24d
Avg Days on Market
$497,097
Avg $/sqft

Government Road Market Trend — All Property Types

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
September 20262$1,259,00027d$356,566—
August 20266$576,00044d$275,018Seller's
July 20268$1,481,25080d$597,741Seller's
June 20267$523,21440d$594Seller's
May 20266$2,016,16755d$783,483Seller's
April 20267$734,20029d$440,026Seller's
March 20263$531,5008d$604Seller's
February 202611$1,262,25512d$661,071Seller's
January 20263$1,623,00054d$211,504Seller's
December 20256$496,50828d$105,438Seller's
November 20259$1,554,22252d$566,966Seller's
October 202510$989,68042d$163,501Seller's
September 20259$1,415,77828d$589,839Seller's
August 202512$1,447,94238d$536,040Seller's
July 20257$732,50037d$252,810Seller's
June 20252$965,00022d$617,500Balanced
May 202512$721,16712d$321,322Seller's
April 20259$1,054,55628d$377,918Seller's
March 202511$1,861,95534d$679,139Seller's
February 20256$569,66713d$218,800Seller's
January 20253$1,273,66737d$614,435Seller's
December 20248$1,271,25037d$358,645Seller's
November 202411$760,77323d$369,646Seller's
October 20245$686,57828d$470,014Seller's
September 20243$872,46721d$671,855Seller's
August 20246$934,33324d$204,751Seller's
July 20244$623,75039d$149,278Seller's
June 20249$1,887,06748d$805,608Seller's
May 202414$1,758,57121d$778,099Seller's
April 202410$1,276,88020d$409,260Seller's
March 20245$624,20023d$259,032Seller's
February 20248$1,191,36324d$497,097Seller's
January 20245$869,90067d$620,183Seller's
December 20233$1,681,00055d$551,737Seller's
November 20237$1,422,71410d$691,541Seller's
October 202310$1,110,75025d$379,816Seller's

Government Road by Property Type — February 2024

Frequently Asked Questions — Government Road

How did the Government Road real estate market perform in February 2024?+
In February 2024, 8 homes sold in Government Road at an average price of $1,191,363, spending an average of 24 days on the market at $497,097/sqft.
Is it a good time to buy in Government Road?+
Government Road is currently a seller's. Whether now is the right time depends on your timeline and budget — a knowledgeable local agent can identify current value opportunities and help you structure a competitive offer.
What does the February 2024 market mean for sellers in Government Road?+
Government Road sellers in February 2024 benefited from tight supply and motivated buyers. Well-priced, well-presented homes attracted strong interest. A local CMA ensures your list price is calibrated to current sold data.
How did Government Road compare in February 2024 vs. January 2024?+
Compared to January 2024, Government Road sales were up 60% (5 vs 8 sold) and the average sold price was up 37% to $1,191,363.
Recent Government Road Reports

What does the February 2024 Government Road market mean for you?

Saeed can explain what these numbers mean for your specific situation in Government Road.

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