"Sales transactions in Perth last week were down 10.1 per cent on the previous week, with REIWA members reporting 631 transactions."
Sales transactions in Perth last week were down 10.1 per cent on the previous week, with REIWA member reporting 631 transactions. A closer look shows house sales were down 3.7 per cent compared to the week prior, unit sales were down 8.3 per cent and land sales were down 50.6 per cent.
Perth’s highest sale price: Marmion – $3,260,000
Perth’s lowest sale price: Perth – $585,000
There were 9,523 properties for sale in Perth at the end of last week, which is 3.3 per cent higher than the previous week. This can be attributed to house listings increasing 3.0 per cent compared to the week prior, unit listings increasing 3.5 per cent and listings for vacant land increasing 5.4 per cent.
Last week's total figure of properties available for sale is 14.9 per cent higher than four weeks ago and 223.7 per cent higher than levels seen a year ago.
In Perth's rental market, REIWA members reported there were 2,247 properties for rent in Perth at the end of last week, which is 3.1 per cent higher than the week prior. Last week's rental listings figure is 12.8 per cent higher than four weeks ago and 6.9 per cent higher than a year ago.
REIWA members reported 610 properties leased last week, which is 3.0 per cent higher than the previous week but 1.8 per cent lower than four weeks ago and 0.8 per cent lower than a year ago.
Visit our Perth Market Snapshot graphic for a complete breakdown of the past week.