MARKET REPORT
Perth is currently Australia’s fastest growing major market
T H E N U M B E R S T H AT M AT T E R
PROPERTIES FOR SALE
78 49
THE PROPERTY E
CHANGE
C O M PA R E D T O LAST YEAR
- 37%
Real Estate Sales and Property Management
9388 3988
HOME VA L U E I N D E X
+2.1% 212 Nicholson Road, Subiaco
thepropertyexchange.com.au
MARKET REPORT PERTH HOUSE SALES AND MEDIAN PRICE
$480K
0
$470K D ec -
Se p2
Ju n2
ar -2
D ec -
M
9 Se p1
9 Ju n1
ar -1 M
D ec -
20
2K
0
$490K
0
4K
0
$500K
19
6K
9
$510K
Median Price
Median Sale Price (Right axis)
8K
18
Sales Volume
Number Sold (Left Axis)
Properties continue to sell at a faster rate than they did last year, with the median days on market sitting at just 21 days down from 43 days in January 2020. There is little doubt now that the Perth market has swung in the sellers favour – however we expect more sellers will see the benefits of listing their properties now rather than later. Mr Damian Collins REIWA PRESIDENT
Act quick before other sellers come into the market. Call me today!
SHOW THIS AND GET A
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FREE COFFEE T 29 B AY R O A D , C L A R E M O N
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SHAUN GROVES
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0414 461 976
shaun@thepropertyexchange.com.au