Duplexes Market Report

November 2024 Government Road Duplexes Market

Duplexes market data for Government Road, Burnaby — November 2024. Average sold price $937,333, 3 sold in 30 days, 60 avg days on market.

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Buyer's MarketGovernment Road duplexes is currently a buyer's market. 5.9% sales-to-active listings ratio — homes selling in an average of 60 days, at an average sold price of $937,333 — well-priced properties are attracting strong demand.
3
Duplexs Sold (30d)
$937K
Avg Sold Price
60d
Avg Days on Market
51
Homes For Sale

Current Government Road Duplexes Stats

Live MLS® data updated every 5 minutes. Most recent 30-day rolling window.

Duplexs Sold (30d)3
Avg Sold Price$937,333
Homes For Sale51
Avg Days on Market60 days
Months of Supply17.0 mo

November 2024 Government Road Market Snapshot

All property types — historical MLS® data for Government Road in November 2024.

All Types Sold11
Avg Sold Price$760,773
Avg Days on Market23 days
Avg Price per ft²$369,646

Government Road Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
October 20262$1,155,00029d$462,744—
September 20263$1,006,66758d$237,903Seller's
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

Frequently Asked Questions — Government Road Duplexes

How did the Government Road duplexes market perform in November 2024?+
The Government Road duplexes market currently shows 3 units sold in the last 30 days at an average price of $937,333, with an average of 60 days on market. Buyers have more choice and negotiating leverage. This data reflects the most recent 30-day MLS® activity.
What is the average price of a duplex in Government Road?+
The average sold price for a duplex in Government Road is currently $937,333, 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.
How long do duplexes take to sell in Government Road?+
Duplexes in Government Road are currently selling in an average of 60 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.
What is the absorption rate for duplexes in Government Road?+
Government Road duplexes has a sales-to-active listings ratio (SALR) of 5.9%, 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.
Is it a good time to buy a duplex in Government Road?+
Government Road duplexes are currently in a buyer's market. The average price is $937,333. Whether now is the right time depends on your personal timeline, budget, and goals. A knowledgeable local agent can help you assess current opportunities.
How did the overall Government Road market perform in November 2024?+
In November 2024, the Government Road real estate market (all property types) recorded 11 sales at an average price of $760,773, with properties averaging 23 days on market at $369,646 per square foot.
How did Government Road compare in November 2024 vs. October 2024?+
Compared to October 2024, overall Government Road sales volume was up 120% (5 vs 11 homes sold) and the average sold price was up 11% to $760,773.
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