North Perth Real Estate Statistics

North Perth Real Estate Price Trend
North Perth real estate average sold price in the last 30 days (January 21 - February 19) was $596,718, which is $30,782 (5.2%) lower than the average price of $627,500 in the previous 30 day period (December 22 - January 20), and $23,136 (3.9%) up from the same period 1 year ago ($573,582). North Perth real estate prices over the last 30 days are also $30,701 (5.1%) lower than the average selling price of $627,419 over the past year.
North Perth average sold price for homes was $613,807 in the last 30 days (January 21 - February 19), which is $49,526 (8.1%) down from the average home price of $663,333 in the previous 30 day period (December 22 - January 20), and $35,345 (5.8%) higher than the same period 1 year ago ($578,462). In the last 30 days North Perth the average home price was $42,457 (6.9%) lower than the average selling price of $656,264 over the last 12 months.
Average sold price of North Perth townhouse was $522,666 in the last 30 days (January 21 - February 19), up $2,666 (0.5%) from the average townhome price of $520,000 over the previous 30 days (December 22 - January 20), and $27,166 (5.2%) higher than during to the same period 1 year ago ($495,500). Over the last 30 days the average townhouse price in North Perth was $253,426 (48.5%) higher compared to the average selling price of $269,240 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for North Perth real estate was $596,718 in the last 30 days (January 21 - February 19), which is collectively $23,723 (3.2%) lower than the average asking price of $738,186. This represents a decline of $14,024 (144.6%) compared to $9,699 (1.3%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in North Perth during the last 12 months was recorded in June, 2024 with an average of $4,550 over the asking price, while the minimum occurring in January, 2025 with $22,100 below the asking price.
Sales to New Listings Ratio
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 100.0% with 16 properties sold and 9 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 44.4% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 170.0% compared to the same period one year ago.
Over the the last year the highest SNLR in North Perth was 3,666.7% recorded in December 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 16 properties that were successfully sold in North Perth in the last 30 days (January 21 - February 19) was 56 days, which is 28 days more than 28 days average in the previous 30 day period (December 22 - January 20) and 21 days longer than during the same period a year ago (35 days).
There were 13 delisted properties in North Perth, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 81 days on the market. This is 15 days shorter than the average of 96 days during the previous 30 day period (December 22 - January 20) and 3 days more compared to the same period last year average of 78 days on the market.
13 North Perth properties that didn't sell stayed on the market 44.6% longer than 16 that sucessfully sold over the last 30 days - 56 days when sold vs 81 days when delisted respectively.
Average Days on the Market in North Perth over the past 12 months for properties that have sold was 32.1 days, with 79.1 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
16 new properties were listed on the market in North Perth in the last 30 days (January 21 - February 19). During the same time 16 properties were sold and 13 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 13 properties (or 81.2%).
During the previous 30 day period (December 22 - January 20) there were 9 new properties listed, 4 sold and 14 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 - August with 6 new listings and a yearly average of 14 new listings per month.
New Real Estate Listings by Property Type
There were a total of 12 homes listed during the last 30 days (January 21 - February 19), which is 75.0% of all properties listed in North Perth. This is a 100.0% increase compared with a previous 30 day period (December 22 - January 20) and 71.4% 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 (January 21 - February 19) in North Perth, which is 18.8% of all new real estate inventory. This is a 50.0% more than during the previous 30 day period (December 22 - January 20) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 2 a month.
Real Estate Sales by Property Type
There were a total of 13 homes sold during the last 30 days (January 21 - February 19), which is 81.2% of all properties sold in North Perth. This is a 333.3% increase compared with a previous 30 day period (December 22 - January 20) and 18.8% down from the same period a year ago. Over the past year an average of 38 homes are were sold per month.
3 townhomes were sold over the last 30 days (January 21 - February 19) in North Perth, which is 18.8% of all sold real estate. This is a 200.0% more than during the previous 30 day period (December 22 - January 20) and 200.0% increase compared to the same period a year ago. During the last year the average number of townhomes sold stood at 1 a month.
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