Perth Market snapshot 20 Jan

Perth Market snapshot 20 Jan

Perth Market snapshot 20 Jan

 

Perth market snapshot for the week ending 19 January 2020

NEW

 

Sales activity increased 11 per cent in Perth this week, with REIWA members reporting 595 transactions.

This increase can be attributed to a 10 per cent rise in house sales, nine per cent rise in unit sales and 22 per cent rise in vacant land sales over the week.

Properties for sale

There were 12,562 properties for sale in Perth at the end of this week, which is one per cent more than last week.

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

This week's total figure is six per cent lower than levels seen four weeks ago and are 24 per cent lower than levels seen a year ago.

Perth rental market 

REIWA members reported there were 6,169 properties for rent in Perth at the end of this week, which is one per cent less than last week.

This week's rental listings figure is seven per cent higher than levels seen four weeks ago, but are 14 per cent lower than levels seen a year ago.

View our Perth Market Snapshot graph for a detailed breakdown of the past week.

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