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  • Perth Market Snapshot for the week ending 16 May

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    Sales activity in Perth declined over the week by 14 per cent, with 555 transactions recorded.

    The drop off in sales can be attributed to a 17 per cent decrease in house sales and a 23 per cent decrease in unit sales. In better news, there was a 17 per cent increase in vacant land sales over the week.

    Listings for sale

    There were 14,894 properties for sale in Perth this week, which is unchanged (in percentage terms) from last week.

    This figure is also similar to levels recorded four weeks ago and two per cent lower than the same time last year.

    Perth rental market

    Listings for rent remained stable over the week, with REIWA members reporting that there were 10,782 properties for rent in Perth.

    This total listings number is two per cent higher than four weeks ago and three per cent higher than the same time last year.

    Take a look at the breakdown of the past week:

    Perth Weekly Sales & Rental Figure Graphic|16 May 2017

    View more Perth metro real estate information.