From same-weekend sales to weeks on market

Before the May budget, many of our listings sold on their first weekend. Today, a well-priced property still sells, but it takes longer, and an overpriced one can sit for weeks.

What the numbers say

REIWA’s October 2026 figures:

  • There were 9,129 properties listed for sale in Perth at the end of October, more than three times the number a year earlier.
  • Houses took a median of 27 days to sell and units 28 days, 19 and 20 days slower than a year before.
  • Cotality’s figures show values falling month on month since the April peak.

Why price decides it

With more choice, buyers compare harder. A unit priced above where buyers see the market follows the market down. One priced to stand out can draw more than one offer before the next seller cuts their price.

What we do

  • We speak with every seller honestly about where the market is.
  • We follow up every buyer quickly to learn what they think.
  • We ask sellers to present the property at its best from the first open.

General information only, not financial advice.

Sources

Category Selling

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