Days on Market Lengthen as Riverside Bkk Vendors Increase Discounts

Average days on market for Riverside Bkk residential listings climbed to 52 days in June 2026, up from 38 days in the same month last year, according to data compiled by the Bangkok Real Estate Board. Vendors in several districts simultaneously lifted average discounts to 7.8 percent of original list prices.

The shift arrives as global tensions and regional heatwaves push some international buyers to delay decisions, leaving local agents to manage slower foot traffic through showings along the Chao Phraya corridor. Sellers who once held firm on price now face competition from newly listed units that enter the market already marked down.

Street-level shifts near Charoen Krung and Riverside Plaza

Units along Charoen Krung Road near the old customs house have recorded an average 61 days on market, with three-bedroom condos offered at reductions of 1.2 million baht from February asking prices. Further upstream, developments fronting Riverside Plaza reported four listings that closed in the final week of June after discounts reached 9 percent. The Riverside Property Owners Association noted that its June member survey captured 22 active listings in these two stretches alone, compared with 14 at the same point in 2025.

Agents working the Bang Rak waterfront corridor said similar patterns appear in smaller walk-up buildings behind the main road, where two-bedroom units first listed in April remain available after 55 days. Several owners have instructed agents to drop prices again this month rather than wait for the traditional post-rainy-season pickup.

Numbers behind the slowdown

Board records show 187 riverside apartments listed between 1 May and 30 June carried a median original price of 12.4 million baht. Of those, 61 sold with an average discount of 965,000 baht. The remaining 126 listings now carry revised prices averaging 11.3 million baht and have already accumulated 48 days on market. Days-on-market figures for new-build projects near the Sathorn pier rose even more sharply, reaching 67 days for units priced above 15 million baht.

Buyers checking listings this week should compare recent sold prices on the same block rather than relying on original advertisements. Agents recommend requesting the full history of price adjustments before making an offer, and scheduling inspections early in the week when fewer competing viewers are present.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.