New Weakening in Contracts for Brisbane Real Estate Market

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.

Trying to find a home in Brisbane that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$1.6M   $1.1M  

Get started right now by checking out Brisbane homes for sale or reviewing Brisbane real estate trends.

Demographic facts for Brisbane:

  • The average elevation is 167 ft.
  • The area's median income per household is $76,581.
  • For every counselor there are 1,940 students in this area. (513 = national average)

Data reported through 1/11/2017

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Better Homes and Gardens Real Estate J.F. Finnegan
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Century 21 Baldini
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Alain Pinel Realtors
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