SALES UP SLIGHTLY
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.