Houses Market Report

August 2025 Government Road Houses Market

Houses market data for Government Road, Burnaby — August 2025. Average sold price $1,259,000, 2 sold in 30 days, 27 avg days on market.

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Buyer's MarketGovernment Road houses is currently a buyer's market. 4.5% sales-to-active listings ratio — homes selling in an average of 27 days, at an average sold price of $1,259,000 — well-priced properties are attracting strong demand.
2
Houses Sold (30d)
$1.26M
Avg Sold Price
27d
Avg Days on Market
44
Homes For Sale

Current Government Road Houses Stats

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

Houses Sold (30d)2
Avg Sold Price$1,259,000
Homes For Sale44
Avg Days on Market27 days
Months of Supply22.0 mo

August 2025 Government Road Market Snapshot

All property types — historical MLS® data for Government Road in August 2025.

All Types Sold12
Avg Sold Price$1,447,942
Avg Days on Market38 days
Avg Price per ft²$536,040

Government Road Monthly Market Trend

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

Frequently Asked Questions — Government Road Houses

How did the Government Road houses market perform in August 2025?+
The Government Road houses 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.
What is the average price of a house in Government Road?+
The average sold price for a house 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.
How long do houses take to sell in Government Road?+
Houses 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.
What is the absorption rate for houses in Government Road?+
Government Road houses 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.
Is it a good time to buy a house in Government Road?+
Government Road houses 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.
How did the overall Government Road market perform in August 2025?+
In August 2025, the Government Road real estate market (all property types) recorded 12 sales at an average price of $1,447,942, with properties averaging 38 days on market at $536,040 per square foot.
How did Government Road compare in August 2025 vs. July 2025?+
Compared to July 2025, overall Government Road sales volume was up 71% (7 vs 12 homes sold) and the average sold price was up 98% to $1,447,942.
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