Government Road Real Estate Market
Live MLS® stats and 12-month trends for Government Road, Burnaby — updated every 5 minutes.
- 1Government Road is currently a buyer's market.
- 2The average sold price last month was $1,259,000.
- 3Home prices are down 11.1% year-over-year.
Government Road is currently a buyer's market, with an average sold price of $1,259,000 across all property types over the past 30 days. At 22.0 months of supply, buyers in Government Road have more selection and meaningful negotiating room compared to a typical seller's market. Government Road offers a mix of property types including condos, townhouses, houses — condos and townhouses are popular for lower-maintenance living, while detached homes attract families seeking more space and a private yard. Homes here are selling in an average of 27 days on market. Browse active listings in Government Road below, or speak with a local Burnaby agent for a personalised market assessment based on your needs.
How Have Prices Trended in Government Road?
Month-over-Month Comparison
| Metric | Sep · Last 30 days | Aug | Sep (LY) |
|---|---|---|---|
| Homes Sold | 2-66.7% | 6 | 9 |
| Avg Sold Price | $1.26M+118.6% | $576K | $1.42M |
| Avg Days on Market | 27d-38.6% | 44d | 28d |
Last 30 Days — By Property Type
Sold properties only
What Does Each Home Cost?
By bedrooms & property type · Last 30 days sold
| Type | 1 Bed | 2 Bed | 3 Bed | 4+ Bed |
|---|---|---|---|---|
| Apartment | $548K $820/ft² 41 sold | $698K $752/ft² 63 sold | $889K $721/ft² 18 sold | $1.12M $690/ft² 5 sold |
| Townhouse | $699K $698/ft² 8 sold | $879K $672/ft² 31 sold | $1.08M $645/ft² 44 sold | $1.25M $612/ft² 14 sold |
| House | — | $1.19M $580/ft² 6 sold | $1.49M $558/ft² 22 sold | $2.25M $498/ft² 18 sold |
Studio = 0 bedrooms. 4+ Bed includes all homes with 4 or more bedrooms.
What Does Each Property Type Cost in Government Road?
| Type | Avg Sold Price | Sold (30d) | Active | Avg DOM | Condition | |
|---|---|---|---|---|---|---|
| Condos | $380K | 1 | 15 | 41d | Buyer's Market | View Condos → |
| Townhouses | — | 0 | 7 | — | Buyer's Market | View Townhouses → |
| Houses | $2.14M | 1 | 22 | 13d | Buyer's Market | View Houses → |
What Did Homes Sell for in Government Road Recently?
View all sold →Street addresses only. Click any address to view full details — some information requires sign-in.
Frequently Asked Questions — Government Road Market
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