• Perth market snapshot for the week ending 19 July 2020

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     Perth Market Snapshot For The Week Ending | 19 July 2020 | REIWA

    Sales activity decreased five per cent in Perth this week, with REIWA members reporting 799 transactions.

    This decrease can be attributed to a two per cent rise in house sales, 21 per cent fall in unit sales and 14 per cent fall in vacant land sales over the week.

    Properties for sale

    There were 10,490 properties for sale in Perth at the end of this week, which is one per cent more than last week.

    A closer look at listing stock levels shows house listings remained stable, listings for units remained stable and listings for vacant land increased by four per cent.

    This week's total figure is four per cent lower than levels seen four weeks ago and 29 per cent lower than levels seen a year ago.

    Perth rental market 

    REIWA members reported there were 3,869 properties for rent in Perth at the end of this week, which is two per cent less than last week.

    This week's rental listings figure is seven per cent lower than levels seen four weeks ago and 47 per cent lower than levels seen a year ago. 

    View our Perth Market Snapshot graph for a detailed breakdown of the past week.

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