Brisbane vendors taking 101 days on market before sale: APM heat chart
Jonathan ChancellorDecember 7, 2020
The latest Australian Property Monitors (APM) days on market heat chart indicates the Brisbane private treaty market slowed in March.
It typically took vendors 101 days to find a buyer, the highest level since 2013.
Brisbane vendors needed a 5.8% discount on asking price to secure a sale.
The market improved for Gold Coast vendors, but still required 105 days before sale.
Sydney's 51 days was the nation's fastest market.
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Source: Australian Property Monitors
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.