21/07/2026
A Peek Into The Current Real Estate Market 👀
We are seeing changes across the market throughout the region, with shifts in days on market, stock levels, open home attendance, active buyers, and a noticeable reduction in investor activity.
So, what is driving these changes, and is now the right time to sell?
While the recent budget announcements have caused some buyers and sellers to pause, creating uncertainty around the market, it is important to understand that the budget is only one factor influencing current conditions. There is a long list of contributing factors, including the ongoing global conflict, interest rate changes, rising cost of living pressures, and a general loss of confidence from both buyers and sellers.
The market has shifted from a strong sellers market into a more balanced market. This means buyers have more choice, sellers need to be more strategic, and pricing expectations need to align with current market conditions.
When it comes to deciding whether now is the right time to sell, the biggest question is how committed are you to making a move and are you ready to move on to your next chapter?
The reality is that there is always a good time to sell. Residential real estate is a market that moves in cycles. Like the stock market, values rise and fall over time, but people will always need to buy and sell property regardless of market conditions.
Across Australia, we have seen a drop in open home attendance, and it is understandable that this may impact seller confidence. However, it only takes one buyer and one seller to create a successful sale. Great results are still being achieved, but the pool of active buyers has reduced significantly, meaning properties need to be positioned correctly to capture the attention of those who are ready to act.
We are also likely to see more listings sitting on the market for longer periods as buyers become more cautious and take more time to make decisions. With increased competition between properties, some sellers may also experience situations where a second agent becomes involved if the property has not sold within the expected timeframe.
A few months ago, buyers were experiencing a fear of missing out, while sellers had a fear of underselling. The market dynamic has now shifted, buyers are becoming more concerned about overpaying and are taking a more considered approach before committing.
While conditions have changed, opportunities still exist. Sellers who understand the market, set realistic expectations, and work with a strong strategy can continue to achieve great outcomes.
