Government Road
| Type | Avg Sold Price | Sold (30d) | Avg DOM | Active | Condition |
|---|---|---|---|---|---|
| Condos | $481K | 2 | 63d | 19 | Buyer's Market |
| Townhouses | — | 0 | — | 7 | Buyer's Market |
| Houses | $1.85M | 1 | 54d | 25 | Buyer's Market |
Government Road 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.
Neighbourhood Pulse
Based on 90-day sold data
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24-Month Market Trends — Government Road
Over the past 24 months, the average sold price in Government Road has trended lower — a 4.6% shift — with the most recent period averaging $1,067,716. Sales volume has remained relatively steady, with 132 homes sold recently and 122 in the earlier part of the period. With an average of 44 days on market, buyers have more time to consider their options, favouring careful negotiation over rush decisions. Current absorption suggests a seller-leaning market, with inventory moving at a brisk pace — roughly 1.2 months of supply.
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