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Perth Market Snapshot for the week ending 31 October 2021

Posted by admin on November 1, 2021
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Sales activity increased 11 per cent in Perth last week, with REIWA members reporting 1,114 transactions.

This increase can be attributed to a seven per cent increase in house sales and a 116 per cent increase in vacant land sales. Unit sales were unchanged.

There were 8,678 properties for sale in Perth at the end of last week, which is on par with the previous week.

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

Last week’s total figure is four per cent higher than four weeks ago and 14 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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