Price drops in Reid
Listings for sale in Reid, ACT 2612 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
18
42% of 43 live listings
Median cut
4.5%
$25K off the asking price
Days listed before cut
68
median, first listed to latest cut
Cuts, last 30 / 90 days
11 / 15
no current price rises
Reid price-drop summary
18 listings in Reid (42% of the 43 on the market) are advertised below an earlier asking price. The typical reduction is 4.5%, about $25K. Apartment listings account for 16 of them, with a median cut of 4.5%.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 16 | 4.5% |
| House | 2 | 6.1% |
Largest current cuts in Reid
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| 527/81 Cooyong St | $1,049,000 | $930,000 | -11.3% | 3 bed Apartment | |
| 1 Geerilong Gardens | $3,295,000 | $2,995,000 | -9.1% | 4 bed House | |
| 711/81 Cooyong Street | $490,000 | $450,000 | -8.2% | 1 bed Apartment | |
| 35/43 Constitution Avenue | $475,000 | $439,000 | -7.6% | 1 bed Apartment | |
| Level 3/315/81 Cooyong Street | $389,000 | $359,950 | -7.5% | 1 bed Apartment | |
| 421/81 Cooyong Street | $449,000 | $420,000 | -6.5% | 1 bed Apartment | |
| 312/81 Cooyong Street | $590,000 | $560,000 | -5.1% | 2 bed Apartment | |
| 99/37 Currong Street South | $625,000 | $595,000 | -4.8% | 2 bed Apartment | |
| 514/83 Cooyong Street | $450,000 | $429,000 | -4.7% | 1 bed Apartment | |
| 715/83 Cooyong Street | $459,000 | $439,000 | -4.4% | 1 bed Apartment | |
| 504/81 Cooyong Street | $510,000 | $489,000 | -4.1% | 2 bed Apartment | |
| 710/81 Cooyong Street | $489,000 | $469,000 | -4.1% | 1 bed Apartment | |
| 420/81 Cooyong Street | $420,000 | $405,000 | -3.6% | 1 bed Apartment | |
| 107/35 Currong Street South | $649,000 | $629,000 | -3.1% | 2 bed Apartment | |
| 32A Coranderrk Street | $1,495,000 | $1,449,000 | -3.1% | 4 bed House | |
| 56/43 Constitution Avenue | $580,000 | $565,000 | -2.6% | 2 bed Apartment | |
| 204/81-83 Cooyong Street | $475,000 | $465,000 | -2.1% | 2 bed Apartment | |
| G07/81 Cooyong Street | $359,000 | $358,000 | -0.3% | 1 bed Apartment |
Suburb profile
Reid market data
Median prices, rents, growth and vacancy for Reid.
Sold prices
Recent sales in Reid
What buyers actually paid, and how it compared with the asking price.
Australia-wide
All price rises and cuts
The national feed of asking-price changes, filterable by state, type and size of change.
Price drops in Reid: common questions
How many properties in Reid have had a price drop?
18 listings for sale in Reid ACT 2612 are currently advertised below an earlier asking price, 42% of the 43 listings on the market. 11 of those cuts were recorded in the last 30 days and 15 in the last 90.
How much are Reid sellers cutting their prices by?
The median cut is 4.5%, or $25K, measured from the previous advertised asking price to the current one on each listing.
How long are Reid listings on the market before the price drops?
A median of 68 days from when the listing first appeared to its latest price cut, across 18 listings.
What counts as a price drop here?
A listing that is still for sale and whose current advertised asking price was set by a reduction from its previous asking price. Changes that cannot be confirmed as one advertisement repricing, such as several ads sharing one address, are left out.
Showing at most 30 listings. Asking prices are as advertised; a cut is not a sale price.