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Perth Market Snapshot for the week ending 3 October 2021

Posted by admin on October 4, 2021
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Sales activity decreased 22 per cent in Perth last week, with REIWA members reporting 828 transactions.

This decrease can be attributed to a 20 per cent decline in house sales, a 16 per cent decrease in unit sales and a 44 per cent decrease in vacant land sales.

There were 8,360 properties for sale in Perth at the end of last week, which is similar to the previous week.

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

Last week’s total figure is similar to levels reported four weeks ago and 20 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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