House sales have increased by nine per cent in Perth in November.
According to reiwa.com, sales data shows the average weekly sales figure was 1048 during the month, 24 per cent higher than November 2020.
REIWA President Damian Collins said the spring selling season had turned up a notch, with November marking the fourth consecutive month of increased sales.
"It was another strong month of sales in Perth, with REIWA members on the ground reporting high sales turnovers across all price points. The Perth residential sales market is in a very good position for further growth as we exit 2021 and move into 2022,” Mr Collins said.
The five suburbs to record the biggest increase in sales during November were Hamilton Hill, North Perth, Karrinyup, Greenfields and Shoalwater.
reiwa.com data shows Perth’s median house sale price was $520,000 in November.
"Whilst overall price growth is modest, the suburb level data tells a very different story with 90 suburbs recording price growth during the month,” Mr Collins said.
The suburbs to record the biggest house price growth during November were Willagee (up four per cent to $625,000), Golden Bay (up 3.8 per cent to $395,000), Kingsley (up three per cent to $655,000), Spearwood (up 2.9 per cent to $525,000) and East Victoria Park (up 2.9 per cent to $700,000).
Other suburbs to perform well were North Perth, Wembley Downs, Currambine, Willetton and Dudley Park.
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