Perth Market Snapshot for the week ending 5 September 2021
Sales activity increased six per cent in Perth last week, with REIWA members reporting 978 transactions.
This increase can be attributed to an 11 per cent increase in house and unit sales and a four per cent increase in vacant land sales.
There were 8,337 properties for sale in Perth at the end of last week, which is two per cent less than the previous week.
A closer look at listing stock levels shows house listings decreased by four per cent, unit listings decreased by one per cent and land listings decreased by two per cent.
Last week’s total figure is on par with levels recorded four weeks ago and 22 per cent lower than a year ago.