SALES UP SLIGHTLY

Comment News (Gosnells) - - Residential -

days from 65 days.

The av­er­age time to sell in the Perth metro re­gion has in­creased by 3 days to 64 days from 61 days.

REIWA mem­bers re­ported 418 to­tal prop­er­ties (houses and units) leased for the four­week pe­riod, an in­crease of 31 per cent com­pared to the past four weeks and is 8 per cent higher than the same time last year.

List­ings in the Com­ment News area have re­mained sta­ble over the four-week pe­riod but are 16 per cent higher than the same time last year.

The over­all mar­ket has seen list­ings in­crease by 2 per cent across the four-week pe­riod and re­mains 10 per cent above the same time last year. The over­all me­dian weekly rent in the lo­cal area for the three months to De­cem­ber 2016 was $328/week, which is $42/week lower than the three months to De­cem­ber 2015. Sim­i­larly, the over­all me­dian rent for Perth has also seen a $40/week de­crease in the three months to De­cem­ber 2016 to $360/week.

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