According to the latest REIWA data, houses in Perth sold in a median of eight days in September 2025, two days faster than August and three days faster than a year ago.
Perth units are also selling fast, reaching a low of nine days in September 2025, the same as August 2025 but two days faster than a year ago.
REIWA President Suzanne Brown said lower than usual September active listings*, continuing strong demand, and sellers reluctant to list until they secure a new home, are all contributing to short supply in the market.
"If you are wanting to secure a new home in Greater Perth in the present market, whether a house or a unit, it is important you have the ability to make a quick decision," she said.
"That means consistently looking, potentially widening your search criteria to include other suburb options, and having your finances organised.
"Of our 10 fastest selling suburbs, five are priced below the median house sale price, and another three are priced just above. These suburbs are selling in four or five days.
"Buyers need to be ready to act when they find a property they like. This means having your finances in order and gaining pre-approval so you can make a confident offer.
"This is the kind of market where working with a REIWA buyer's agent could be especially helpful.
