The number of newly listed properties for sale in Adelaide increased at a pace exceeding the national average, despite continued subdued activity in regional areas of South Australia.
According to the February listings report issued by REA Group, new listings in January surged by 109% compared with December, surpassing the combined capital city average of 104.2%. On an annual basis, listings declined by only 4.7%, a smaller drop than the national decrease of 6.5%.
Meanwhile, total listings — including both new and existing properties on the market — fell by 4% month-on-month and 11.1% year-on-year, reflecting ongoing supply constraints.
Andrea Heading, chief executive of the Real Estate Institute of South Australia, explained that price strength stems from a balance between limited supply and steady demand rather than artificial increases.
She noted that low inventory contributed to subdued activity in some suburbs during the final quarter of 2025, while prices remained resilient, particularly in premium residential areas.
Regionally, performance remains relatively slower. According to market analysis data from FOUNDIT, properties priced between A$750,000 and under A$1 million accounted for the largest share of Adelaide’s 2025 sales at 35.72%, followed by the A$500,000 to A$750,000 segment at 30.92%.
Properties priced below A$500,000 represented a smaller share within the city, in contrast to regional areas where this category dominated, with more than 83% of sales occurring below A$750,000.
Head of research Kent Lardner stated that the A$500,000 to A$1 million price bracket forms the backbone of Adelaide’s market, driven by relatively affordable detached family homes without the need for expansion into high-density apartment developments or distant outer suburbs.
This balanced pricing structure highlights Adelaide’s ability to avoid the pressures faced by other cities, supported by a clear reliance on the mid-market segment and overall stability as a primarily residential market rather than a hub for speculation.
