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Perth Market Snapshot for the week ending 28 November 2021

Posted by admin on November 29, 2021
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Sales activity was stable in Perth last week, with REIWA members reporting 1,033 transactions.

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

There were 9,280 properties for sale in Perth at the end of last week, which is one per cent more than the previous week.

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

Last week’s total figure is seven per cent higher than four weeks ago and eight 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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