Brisbane's sales market

Busy start to sales year

A recent full price sale in South Brisbane

A recent full price sale in South Brisbane

Brisbane’s inner city home buyers are out in force and 2010 is looking like it might easily overtake last year’s sales volumes. Regular readers will know we’re reluctant to draw too wide a comment based on a small number of transactions. But right now we’re flat out!

Market commentators will probably note the recent RBA decision to hold official interest rates, but the activity from Brisbane home buyers was already busy before this piece of good news.

Of our last seven sales 5 were secured within a week of the property going on the market. Unsurprisingly the prices achieved have been strong.

During 2009 sellers sat on their hands waiting for a healthier market and those that have now made the decision to sell are being rewarded.