Monthly market wrap MONTHLY MARKET WRAP Brisbane All home types · May 2026 The Brisbane market tilted hotter in May: most key signals moved the seller's way. Median sale price $1.04M ▲ +19.8% vs Apr Time to pending 32d ▼ 5 days faster vs Apr Sold over asking 75% ▼ -25 pts vs Apr Active listings 7 ▼ -22.2% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Brisbane All home types · May 2026 Bidding wars are the norm in Brisbane: 75% of homes sold over asking. 107.3% average sale price vs. asking price Sold over asking 75% vs. a year ago +25 pts 108.5% 104.2% 100.0% Sold at asking price 107.3% Apr 2024 Apr 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Brisbane All home types · May 2026 Brisbane homes are closing +7.3% above asking. The list price is the floor, not the ceiling. -$150K median sale price minus asking price Median asking price $1.19M Median sale price $1.04M $2.09M $1.56M $1.04M Sold Asking Apr 2024 Apr 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Brisbane All home types · May 2026 Brisbane home values edged up +4.7% year over year. $1.04M median sale price Year over year +4.7% Homes sold last month 4 $1.51M $1.25M $986K $1.04M Mar 2019 Sep 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Brisbane All home types · May 2026 Brisbane homes are taking 32 days to sell, 9 days faster than last year, so patience and pricing win. 32 days median time to pending Gone within two weeks 0% vs. a year ago 9 days faster 73d 49d 24d 32d Apr 2024 Apr 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Brisbane All home types · May 2026 Brisbane inventory is down 41.7% year over year, keeping buyer choice tight. 7 active listings Year over year -41.7% Months of supply 1.8 16 12 7 7 Apr 2024 Apr 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Brisbane? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Brisbane All home types · April 2026 Price cuts are rare in Brisbane: just 11% of listings reduced their asking price, up 3 pts from a year ago. 11% of active listings cut their asking price vs. a year ago +3 pts Active listings 9 37% 27% 18% 11% Apr 2024 May 2025 Apr 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Brisbane All home types · May 2026 Only 0% of Brisbane homes went pending within two weeks. Most listings are taking their time. 0% of listings went pending within two weeks Median time to pending 32 days vs. a year ago -29 pts 41% 25% 9% Half of listings 0% Apr 2024 Apr 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Brisbane All home types · May 2026 December is historically Brisbane's calmest month for buyers: 4.7 pts less over-asking than April. December historically the calmest month for buyers Buyer's edge vs April -4.7 pts Years of Redfin data 10+ Yearly average J F M A M J J A S O N D -3.2 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Brisbane All home types · May 2026 Brisbane home values are down -14% from 10 years ago. -14% median sale price growth since 2016 Median price in 2016 $1.21M Average gain per year -1.5% $1.27M $1.08M $893K $1.04M Feb 2016 Feb 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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