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Market Pulse

Brisbane market insights

A local market update for Condo/Co-op, refreshed monthly with Redfin housing market data.

Sale price vs asking

SALE PRICE VS ASKINGBrisbaneCondos · May 2026Bidding wars are the norm in Brisbane:100% of condos sold over asking.104.7%average sale price vs. asking priceSold over asking100%vs. a year ago+50 pts102.6%99.9%97.1%Sold at asking price104.7%Dec 2022Apr 2024May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The negotiation gap

THE NEGOTIATION GAPBrisbaneCondos · February 2026Brisbane condos are closing +5.1% belowasking. The list price has become astarting point.-$106Kmedian sale price minus asking priceMedian asking price$939KMedian sale price$833K$1.44M$1.14M$852KSoldAskingJan 2023Feb 2024Feb 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Median sale price

MEDIAN SALE PRICEBrisbaneCondos · May 2026Brisbane condo values are climbing, up+6.1% in a year.$785Kmedian sale priceYear over year+6.1%Homes sold last month1$1.02M$869K$720K$785KJul 2015Jul 2020May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLBrisbaneCondos · May 2026The typical Brisbane condo goes pendingin 43 days, 4 days slower than lastyear.43 daysmedian time to pendingGone within two weeks0%vs. a year ago4 days slower105d70d35d43dDec 2022Apr 2024May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSBrisbaneCondos · May 2026Brisbane inventory is down 60.0% yearover year, keeping buyer choice tight.2active listingsYear over year-60.0%Months of supply2.05422Dec 2022Apr 2024May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Price cuts

PRICE CUTSBrisbaneCondos · February 20261 in 3 Brisbane listings cut its askingprice last month.40%of active listings cut their asking pricevs. a year agoN/AActive listings559%46%33%40%Apr 2023Aug 2024Feb 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The two-speed market

THE TWO-SPEED MARKETBrisbaneCondos · May 2026Only 0% of Brisbane condos went pendingwithin two weeks. Most listings aretaking their time.0%of listings went pending within two weeksMedian time to pending43 daysvs. a year ago-100 pts41%25%9%Half of listings0%Dec 2022Feb 2024May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEBrisbaneCondos · May 2026Brisbane condo values are up +20% overthe past 10 years.+20%median sale price growth since 2016Median price in 2016$655KAverage gain per year+1.8%$930K$829K$728K$785KJan 2015Mar 2020May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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