North Perth Real Estate Statistics

North Perth real estate average sold price in the last 30 days (October 23 - November 21) was $645,054, which is $13,926 (2.2%) lower than the average price of $658,980 in the previous 30 day period (September 23 - October 22), and $250,054 (38.8%) up from the same period 1 year ago ($395,000). North Perth real estate prices over the last 30 days are also $25,980 (4.0%) lower than the average selling price of $671,034 over the past year.

Average sold price of North Perth townhouse was $540,000 in the last 30 days (October 23 - November 21), down $35,000 (6.5%) from the average townhome price of $575,000 over the previous 30 days (September 23 - October 22), and $40,000 (7.4%) higher than during to the same period 1 year ago ($500,000). Over the last 30 days the average townhouse price in North Perth was $209,409 (38.8%) higher compared to the average selling price of $330,591 over the last 12 months.

Average selling price for North Perth real estate was $645,054 in the last 30 days (October 23 - November 21), which is collectively $2,714 (0.4%) lower than the average asking price of $704,311. This represents a decline of $8,754 (144.9%) compared to $6,040 (0.8%) Sold-Over-Asking price from the previous 30 day period (September 23 - October 22).

The maximum Sold Over/Under Asking ratio in North Perth during the last 12 months was recorded in November, 2023 with an average of $13,367 over the asking price, while the minimum occurring in January, 2024 with $109,000 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 North Perth was 81.2% with 13 properties sold and 13 new properties listed in the past 30 days (October 23 - November 21). This represents an increase from 38.5% recorded during the previous 30 day period (September 23 - October 22), and an increase from 28.6% compared to the same period one year ago.

Over the the last year the highest SNLR in North Perth was 210.0% recorded in February and the lowest was in May at 26.3%. 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 13 properties that were successfully sold in North Perth in the last 30 days (October 23 - November 21) was 29 days, which is 5 days more than 24 days average in the previous 30 day period (September 23 - October 22) and 30 days shorter than during the same period a year ago (59 days).

There were 14 delisted properties in North Perth, those that got either Expired, Suspended or Terminated over the last 30 days (October 23 - November 21) with an average of 110 days on the market. This is 25 days longer than the average of 85 days during the previous 30 day period (September 23 - October 22) and 25 days more compared to the same period last year average of 85 days on the market.

14 North Perth properties that didn't sell stayed on the market 279.3% longer than 13 that sucessfully sold over the last 30 days - 29 days when sold vs 110 days when delisted respectively.

Average Days on the Market in North Perth over the past 12 months for properties that have sold was 38.7 days, with 108.6 days for those properties that did not sell.

16 new properties were listed on the market in North Perth in the last 30 days (October 23 - November 21). During the same time 13 properties were sold and 14 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 11 properties (or 68.8%).

During the previous 30 day period (September 23 - October 22) there were 13 new properties listed, 5 sold and 5 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was October with 20 new properties listed, the slowest - December with 2 new listings and a yearly average of 12 new listings per month.

There were a total of 13 homes listed during the last 30 days (October 23 - November 21), which is 81.2% of all properties listed in North Perth. This is a 30.0% increase compared with a previous 30 day period (September 23 - October 22) and 116.7% up from the same period a year ago. Over the past year an average of 10 homes are were listed per month.

3 townhomes were listed over the last 30 days (October 23 - November 21) in North Perth, which is 18.8% of all new real estate inventory. This is a 0.0% less than during the previous 30 day period (September 23 - October 22) and 200.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 2 a month.

1 townhomes were sold over the last 30 days (October 23 - November 21) in North Perth, which is 7.7% of all sold real estate. This is a 0.0% less than during the previous 30 day period (September 23 - October 22) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 1 a month.