Sales fell in the Brisbane market to one home sold over the last 30 days. It's also under a budding downward trend in the number of contracts closing, with this week's number falling to two. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are falling in Brisbane, and this period the median price of all sales fell from $1,025,000 to $715,000. Brisbane is a solid buyer's market with seven months of inventory to choose from, aided by the downturn in contracts.
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