Perth Market Snapshot for the week ending 19 September 2021
Sales activity increased one per cent in Perth last week, with REIWA members reporting 911 transactions.
This increase can be attributed to an eight per cent rise in house sales, however unit and land sales fell by 11 per cent and 19 per cent respectively.
There were 8,537 properties for sale in Perth at the end of last week, which is in line with the previous week.
A closer look at listing stock levels shows house and unit listings were stable, however vacant land listings increased by two per cent.
Last week’s total figure is on par with levels recorded four weeks ago and 20 per cent lower than a year ago.