Perth weekly market snapshot for the week ending 15 December 2024

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Sales transactions in Perth last week were down 13.1 per cent on the previous week, with REIWA members reporting 889 transactions. A closer look shows house sales were down 14.1 per cent compared to the week prior, unit sales were down 16 per cent and land sales were up 3.6 per cent.

Properties for sale

There were 5,337 properties for sale in Perth at the end of last week, which is 4 per cent lower than the previous week. This can be attributed to house listings decreasing 4.3 per cent compared to the week prior, unit listings decreasing 4.3 per cent and listings for vacant land decreasing 1.5 per cent. Last week’s total figure of properties available for sale is 1.8 per cent lower than four weeks ago and 19.7 per cent higher than levels seen a year ago.

Properties for rent

In Perth’s rental market, REIWA members reported there were 2,218 properties for rent in Perth at the end of last week, which is 1.7 per cent down on the week prior. Last week’s rental listings figure is 3.5 per cent higher than four weeks ago and 20.7 per cent higher than a year ago.

Past Real Estate Reports

Perth weekly market snapshot for the week ending 12 January 2025

Sales transactions in Perth last week were up 97 per cent on the previous week, with REIWA members reporting 593

Perth weekly market snapshot for the week ending 5 January 2025

Sales transactions in Perth last week were down 8 per cent on the previous week, with REIWA members reporting 301

Perth weekly market snapshot for the week ending 8 December 2024

Sales transactions in Perth last week were up 2.5 per cent on the previous week, with REIWA members reporting 1,038