The Pinjarra property market recorded a median dwelling price of $704,000 during August, 17.7% higher than 12 months earlier. Twelve sales were recorded, while 18 properties were listed for sale.
The median selling period was only 15 days. The reported median land price was $350,000.
The Pinjarra rental market recorded a median rent of $570 per week, with three properties leased and a median leasing period of 22 days.
What This Means
The relatively short median selling period is noteworthy for sellers considering Pinjarra real estate. Buyers face a more contained pool of available properties, while investors can benchmark potential rentals against the current $570 weekly median.
Related Posts
The Wannanup property market continued to sit above the $1 million mark during August, recording a median dwelling price of…
The South Yunderup property market recorded a median dwelling price of $800,000 during August, 7.5% higher than 12 months earlier….
The Silver Sands property market recorded a median dwelling price of $908,000 in August. Five sales were recorded, while just…
Curious to know what your property is worth?
One of our agents will visit your property to provide a professional, obligation-free market appraisal