West Perth Real Estate Statistics

West Perth real estate average sold price in the last 30 days (October 23 - November 21) was $528,750, which is $28,750 (5.4%) higher than the average price of $500,000 in the previous 30 day period (September 23 - October 22), and $436,250 (82.5%) down from the same period 1 year ago ($965,000). West Perth real estate prices over the last 30 days are also $81,663 (15.4%) higher than the average selling price of $447,087 over the past year.

West Perth average sold price for homes was $750,000 in the last 30 days (October 23 - November 21), which is $250,000 (33.3%) up from the average home price of $500,000 in the previous 30 day period (September 23 - October 22), and $215,000 (28.7%) lower than the same period 1 year ago ($965,000). In the last 30 days West Perth the average home price was $267,462 (35.7%) higher than the average selling price of $482,538 over the last 12 months.

Average selling price for West Perth real estate was $528,750 in the last 30 days (October 23 - November 21), which is collectively $27,499 (3.4%) lower than the average asking price of $799,999. This represents a decline of $27,599 (27,599.0%) compared to $100 (10,000.0%) Sold-Over-Asking price from the previous 30 day period (September 23 - October 22).

The maximum Sold Over/Under Asking ratio in West Perth during the last 12 months was recorded in February, 2024 with an average of $2,871 over the asking price, while the minimum occurring in December, 2023 with $36,950 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in West Perth was 200.0% with 2 properties sold and 0 new properties listed in the past 30 days (October 23 - November 21). This represents a decrease from ∞ recorded during the previous 30 day period (September 23 - October 22), and an increase from 100.0% compared to the same period one year ago.

Over the the last year the highest SNLR in West Perth was 2,200.0% recorded in January and the lowest was in December at 0.0%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 2 properties that were successfully sold in West Perth in the last 30 days (October 23 - November 21) was 34 days, which is 11 days more than 23 days average in the previous 30 day period (September 23 - October 22) and 19 days shorter than during the same period a year ago (53 days).

There were 1 delisted properties in West Perth, those that got either Expired, Suspended or Terminated over the last 30 days (October 23 - November 21) with an average of 121 days on the market. This is 45 days longer than the average of 76 days during the previous 30 day period (September 23 - October 22) and 45 days more compared to the same period last year average of 76 days on the market.

1 West Perth properties that didn't sell stayed on the market 255.9% longer than 2 that sucessfully sold over the last 30 days - 34 days when sold vs 121 days when delisted respectively.

Average Days on the Market in West Perth over the past 12 months for properties that have sold was 30.5 days, with 75.8 days for those properties that did not sell.

1 new properties were listed on the market in West Perth in the last 30 days (October 23 - November 21). During the same time 2 properties were sold and 1 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 2 properties (or 200.0%).

During the previous 30 day period (September 23 - October 22) there were 0 new properties listed, 1 sold and 1 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was July with 6 new properties listed, the slowest - December with 0 new listings and a yearly average of 1 new listings per month.

There were a total of 1 homes sold during the last 30 days (October 23 - November 21), which is 50.0% of all properties sold in West Perth. This is a 0.0% decline compared with a previous 30 day period (September 23 - October 22) and 0.0% down from the same period a year ago. Over the past year an average of 5 homes are were sold per month.