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Perth Market Snapshot for the week ending 12 June 2022

Posted by admin on June 13, 2022
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Sales activity decreased 12.8 per cent in Perth last week, with REIWA members reporting 869 transactions.

This can be attributed to an 11 per cent decrease in house sales, a 17 per cent decrease in unit sales and a 16.8 per cent decrease in vacant land sales.

There were 8,450 properties for sale in Perth at the end of last week, which is 0.8 per cent more than the previous week.

A closer look at listing stock levels shows house listings increased by 0.9 per cent, unit listings decreased by 0.3 per cent and listings for vacant land increased by 0.8 per cent.

Last week’s total figure is 1.9 per cent higher than four weeks ago and 6.5 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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