Perth’s property market remains active and vibrant as we move towards the holiday season. New listings have reached their highest levels in three years, creating exciting opportunities for buyers with a wider selection of properties now available.
While the increased stock has also seen a slight rise in the median time to sell—now at 13 days in November—homes are still selling incredibly quickly compared to pre-COVID averages of over 40 days. Price growth has also begun to moderate, with the median house price increasing by 1.7 percent in November, bearing in mind that Perth property prices remain 22.3 percent higher than a year ago.
Despite these shifts, there’s still strong activity, with our team continuing to receive multiple offers on many properties.
As we approach the holidays, we will also begin to see a wave of ex-pats and interstate buyers arrive in Perth, ready to secure properties. These motivated buyers often come prepared, view a select few homes, often by private appointment, and make decisive offers.
If you’re considering selling in the new year, now is the time to start planning. We’re here to provide you with the latest market insights and the best advice for your personal circumstances to help ensure you’re well-positioned for a successful sale in 2025. (We might even help you secure a fantastic off-market result before the year ends!)
