Perth Property Market Sees More Listings as Sales Activity Slows
Perth's property market is showing signs of changing conditions, with more homes becoming available for sale and buyers taking longer to make purchasing decisions.
According to REIWA's October 2026 market update, the number of properties listed for sale across Perth increased to 9,129 at the end of October, up 15.9% from September.
While spring traditionally brings more properties onto the market, the increase in listings comes alongside a slowdown in sales activity.
Buyers have more time and choice
One of the more noticeable changes has been the time properties are taking to sell.
REIWA reports that the median selling time for Perth houses reached 27 days in October, compared with just eight days in October 2025.
For buyers, this may provide more opportunity to compare properties and consider their options before making a decision.
For sellers, the changing conditions highlight the importance of realistic pricing and understanding current market demand.
What about Perth's rental market?
Perth's rental market is also showing some signs of easing, although demand for rental accommodation remains an important consideration.
REIWA recorded 2,144 properties available for rent at the end of October, with a median leasing time of 15 days.
While additional rental listings may provide tenants with more choice, the cost and availability of suitable housing continue to be challenges for many Western Australians.
Looking ahead
The latest figures suggest Perth's property market is becoming less competitive than it was a year ago, with increased listings and longer selling times providing buyers with greater choice.
However, housing affordability, interest rates and the availability of suitable properties will continue to influence market conditions.
For buyers, sellers and investors, keeping informed about these changes remains important when making property decisions.
Source: REIWA – New listings rise but sales are down as spring selling season starts, 4 November 2026.
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