Government Road
BURNABY NORTH, BC
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Life in Government Road
Government Road is part of Burnaby North and is 14.1 km from Downtown Vancouver and 18.7 km from the Vancouver International Airport. There is 1 school in Government Road including Ecole Seaforth Elementary.
There are currently 28 homes for sale in Government Road made up of condos, townhomes and houses with an average list price of $2,254,775. An average Condo in Government Road has 2 bedrooms, is 966 SF and lists for $724,133. Condo prices range from $599,000 - $799,900.
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Government Road Market Intelligence
Last updated February 22, 2025 at 12:23am -08:00
Market Summary
Chart Information
The sales-to-listings, or "S/L", ratio is a measure of balance between supply and demand in the market. It is calculated here as the number of home sales over the past 30 days divided by the current number of active listings. The Real Estate Board of Greater Vancouver defines a market as being balanced when the S/L ratio is between 12% and 19%, a range where prices should be relatively stable. A seller's market is defined by a S/L ratio of 20% or higher, a situation that results in upward pressure on prices. A buyer's market is characterized by a S/L ratio below 12%, a situation that results in downward pressure on prices.
Average Sale Price
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Sales
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Active Listings
28
Feb 22, 2025
Sales-To-Listing Ratio
14
%
Balanced Market
Average Days On Market
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CURRENT MARKET CONDITIONS
Chart Information
The sales-to-listings, or "S/L", ratio is a measure of balance between supply and demand in the market. It is calculated here as the number of home sales over the past 30 days divided by the current number of active listings. The Real Estate Board of Greater Vancouver defines a market as being balanced when the S/L ratio is between 12% and 19%, a range where prices should be relatively stable. A seller's market is defined by a S/L ratio of 20% or higher, a situation that results in upward pressure on prices. A buyer's market is characterized by a S/L ratio below 12%, a situation that results in downward pressure on prices.
CONDOS
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TOWNHOMES
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HOUSES
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