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Perth Market Snapshot for the week ending 1 May 2022

Posted by admin on May 2, 2022
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Sales activity increased 11 per cent in Perth last week, with REIWA members reporting 869 transactions.

This can be attributed to an 11 per cent increase in house sales, a five per cent increase in unit sales and a 32 per cent decline in vacant land sales.

There were 8,040 properties for sale in Perth at the end of last week, which is 0.2 per cent more than the previous week.

A closer look at listing stock levels shows house listings increased by 1.8 per cent, units decreased by one per cent and vacant land listings increased by 0.2 per cent.

Last week’s total figure is three per cent higher than four weeks ago and 9.7 per cent lower than a year ago.

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Brendan Bowie has specialised in property sales, marketing, and leasing for more than 20 years. As a City of Belmont resident with a great knowledge of the local area, Brendan’s strategic and innovative property marketing approach, coupled with a strong networking focus, consistently yields quality outcomes for his clients.

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