Perth weekly market snapshot for the week ending 23 February 2025

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Sales transactions in Perth last week were up 2.7 per cent on the previous week, with REIWA members reporting 942 transactions. A closer look shows house sales were up 2.2 per cent compared to the week prior, unit sales were up 6.7 per cent and land sales were down 3.9 per cent.

Properties for sale

There were 5,088 properties for sale in Perth at the end of last week, which is 1.1 per cent higher than the previous week. This can be attributed to house listings increasing 0.7 per cent compared to the week prior, unit listings increasing 1.2 per cent and listings for vacant land increasing 3.1 per cent. Last week’s total figure of properties available for sale is 6.2 per cent higher than four weeks ago and 24.1 per cent higher than levels seen a year ago.

Properties for rent

In Perth’s rental market, REIWA members reported there were 2,024 properties for rent in Perth at the end of last week, which is 1.5 per cent down on the week prior. Last week’s rental listings figure is 8.8 per cent lower than four weeks ago but 16.8 per cent higher than a year ago.

Past Real Estate Reports

Perth weekly market snapshot for the week ending 16 March 2025

Sales transactions in Perth last week were up 10.8 per cent on the previous week, with REIWA members reporting 951

Perth weekly market snapshot for the week ending 9 March 2025

Sales transactions in Perth last week were down 19 per cent on the previous week, with REIWA members reporting 869

Perth weekly market snapshot for the week ending 16 February 2025

Sales transactions in Perth last week were down 3.7 per cent on the previous week, with REIWA members reporting 923