For house and land packages, visit 0

  • Perth Market Snapshot for the week ending 2 February

    New


    Perth Market Snapshot for the week ending 2 February - reiwa.comOverall reported sales increased 36 per cent to 723 sales this week, as sales continue to trend up following the Christmas and New Year dip.

    This week’s increase can be attributed to a 34 per cent increase in house sales, a 35 per cent increase in unit sales and a 49 per cent lift in land sales.

    In line with the increase in sales, the total number of properties listed for sale this week declined one per cent to 14,782, from 14,997 last week.

    Listings for houses and units have both seen a one per cent decrease, while land listings dropped off three per cent. Despite this, listings remain three per cent higher than four weeks ago and 15 per cent higher than the same time last year.

    Turning to the rental market, and REIWA members reported a one per cent decline in the total number of properties available for rent over the week, with the figure dropping from 10,104 last week to 10,042 this week.

    This figure is two per cent higher than four weeks ago and 58 per cent higher than the same time last year.

    Take a look at the breakdown of the past week.

    Perth Market Snapshot for the week ending 2 February - reiwa.com

    Discover more about Perth real estate.