North Perth Real Estate Statistics

North Perth real estate average sold price in the last 30 days (March 29 - April 27) was $771,300, which is $167,067 (21.7%) higher than the average price of $604,233 in the previous 30 day period (February 28 - March 28), and $36,300 (4.7%) up from the same period 1 year ago ($735,000). North Perth real estate prices over the last 30 days are also $101,835 (13.2%) higher than the average selling price of $669,465 over the past year.

North Perth average sold price for homes was $902,100 in the last 30 days (March 29 - April 27), which is $287,267 (31.8%) up from the average home price of $614,833 in the previous 30 day period (February 28 - March 28), and $151,386 (16.8%) higher than the same period 1 year ago ($750,714). In the last 30 days North Perth the average home price was $263,679 (29.2%) higher than the average selling price of $638,421 over the last 12 months.

Average sold price of North Perth townhouse was $629,900 in the last 30 days (March 29 - April 27), up $36,267 (5.8%) from the average townhome price of $593,633 over the previous 30 days (February 28 - March 28), and $4,900 (0.8%) higher than during to the same period 1 year ago ($625,000). Over the last 30 days the average townhouse price in North Perth was $392,259 (62.3%) higher compared to the average selling price of $237,641 over the last 12 months.

Average selling price for North Perth real estate was $771,300 in the last 30 days (March 29 - April 27), which is collectively $2,530 (0.3%) lower than the average asking price of $775,181. This represents a decline of $1,164 (85.2%) compared to $1,366 (0.2%) Sold-Under-Asking price from the previous 30 day period (February 28 - March 28).

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 16 new properties listed in the past 30 days (March 29 - April 27). This represents an increase from 37.5% recorded during the previous 30 day period (February 28 - March 28), and an increase from 61.5% 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 September at 25.0%. 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 13 properties that were successfully sold in North Perth in the last 30 days (March 29 - April 27) was 25 days, which is 30 days less than 55 days average in the previous 30 day period (February 28 - March 28) and 8 days longer than during the same period a year ago (17 days).

There were 16 delisted properties in North Perth, those that got either Expired, Suspended or Terminated over the last 30 days (March 29 - April 27) with an average of 64 days on the market. This is 33 days shorter than the average of 97 days during the previous 30 day period (February 28 - March 28) and 5 days less compared to the same period last year average of 69 days on the market.

16 North Perth properties that didn't sell stayed on the market 156.0% longer than 13 that sucessfully sold over the last 30 days - 25 days when sold vs 64 days when delisted respectively.

Average Days on the Market in North Perth over the past 12 months for properties that have sold was 41.4 days, with 94.7 days for those properties that did not sell.

16 new properties were listed on the market in North Perth in the last 30 days (March 29 - April 27). During the same time 13 properties were sold and 16 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 (February 28 - March 28) there were 16 new properties listed, 6 sold and 7 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was August with 20 new properties listed, the slowest - December with 2 new listings and a yearly average of 11 new listings per month.

There were a total of 13 homes listed during the last 30 days (March 29 - April 27), which is 81.2% of all properties listed in North Perth. This is a 0.0% decline compared with a previous 30 day period (February 28 - March 28) and 18.2% up from the same period a year ago. Over the past year an average of 9 homes are were listed per month.

1 condo units were listed in the last 30 days (March 29 - April 27) in North Perth, which represents 6.2% of all new listings. This is down 0.0% from the prior 30 day period (February 28 - March 28) and 0.0% less compared to the same period last year. There were 0 condos listed per month on average during the last 12 months.

2 townhomes were listed over the last 30 days (March 29 - April 27) in North Perth, which is 12.5% of all new real estate inventory. This is a 0.0% less than during the previous 30 day period (February 28 - March 28) and 100.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 2 a month.

There were a total of 10 homes sold during the last 30 days (March 29 - April 27), which is 76.9% of all properties sold in North Perth. This is a 233.3% increase compared with a previous 30 day period (February 28 - March 28) and 42.9% up from the same period a year ago. Over the past year an average of 6 homes are were sold per month.

1 townhomes were sold over the last 30 days (March 29 - April 27) in North Perth, which is 7.7% of all sold real estate. This is a 66.7% less than during the previous 30 day period (February 28 - March 28) 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.