Perth Market Snapshot for the week ending 18 July 2021
22nd July, 2021
Sales activity increased eight per cent in Perth last week, with REIWA members reporting 875 transactions.
This can be attributed to seven per cent increase in house sales and a 31 per cent increase in unit sales, however vacant land sales declined by 18 per cent.
Properties for sale
There were 8,510 properties for sale in Perth at the end of last week, which is one per cent less than the previous week.
A closer look at listing stock levels shows listings for houses decreased by one per cent, unit listings decreased by one per cent and vacant land listings increased by two per cent.
Last week’s total figure is six per cent lower than four weeks ago and 19 per cent lower than a year ago.
Perth rental market
REIWA members reported there were 2,958 properties for rent in Perth at the end of last week, which is two per cent less than the previous week.
Last week’s rental listings figure is four per cent higher than four weeks ago and 24 per cent lower than the same time last year.
View our Perth Market Snapshot graphic for a complete breakdown of the past week.