October 2024 Government Road Condos Market

The Government Road condos market currently shows 2 units sold in the last 30 days at an average price of $1,259,000, with an average of 27 days on market. Buyers have more choice and negotiating leverage. This data reflects the most recent 30-day MLS® activity.

The average sold price for a condo in Government Road is currently $1,259,000, based on MLS® sales over the past 30 days. Prices vary by size, floor, age, and condition. Contact a local agent for a property-specific valuation.

Condos in Government Road are currently selling in an average of 27 days on market. Well-priced properties in good condition tend to sell faster — sometimes within days of listing. Properties at higher price points may take longer.

Government Road condos has a sales-to-active listings ratio (SALR) of 4.5%, below the 12% threshold that defines a buyer's market. There are more homes available relative to demand, giving buyers more time to consider their options and more room to negotiate on price and conditions. Sellers may need to price competitively to attract offers.

Government Road condos are currently in a buyer's market. The average price is $1,259,000. Whether now is the right time depends on your personal timeline, budget, and goals. A knowledgeable local agent can help you assess current opportunities.

In October 2024, the Government Road real estate market (all property types) recorded 5 sales at an average price of $686,578, with properties averaging 28 days on market at $470,014 per square foot.

Compared to September 2024, overall Government Road sales volume was up 67% (3 vs 5 homes sold) and the average sold price was down 21% to $686,578.