Community

Elma Real Estate

North Perth, Perth

17Active
69Sold
10Leased

Elma Market

Updated Aug 22, 2026
Homes
Median sale price
$642K
Median PSF (est.) 26.7%
$346/sqft
Price trend
Sold last 90 days
8
Active listings
11
Months of inventory
2.2
Avg days on market
47
Sale-to-list ratio
97.88%
Absorption rate
45.5%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 0.00% · End-user: 100.00% (from 8 sales, 0 leases)
Price reductions (90d)
Price-reduction rate: 25.00%
Avg reduction: $37,500 (6.51%)
Monthly reduction trend
2024-09: 50.0% (4 listings) · avg $19,950
2024-10: 33.3% (3 listings) · avg $199,901
2024-11: 0.0% (3 listings)
2024-12: 0.0% (3 listings)
2025-03: 0.0% (4 listings)
2025-05: 20.0% (5 listings) · avg $14,400
2026-05: 33.3% (3 listings) · avg $10,000
2026-07: 25.0% (4 listings) · avg $50,000
2026-08: 33.3% (3 listings) · avg $25,000
Re-entries (past 12 months)
Re-entries: 1 of 49 sold · rate 2.04%
Avg price change: -$70,000 (-13.33%)
Median PSF (est.) vs parent area
Median PSF: $346-11.93% vs municipality avg ($393)[discount]
Seasonality (annual pattern)
Historically strongest months: Apr, Aug, Dec
Historically weakest months: Mar, Oct, Sep
Annual averages: DOM 52.4d · sale-to-list 97.88% (n=49)
Monthly detail
Jan · 2 sales · DOM 36.5d · STL 101.89%
Feb · 1 sales · DOM 57.0d · STL 98.27%
Mar · 5 sales · DOM 71.0d · STL 94.81%
Apr · 3 sales · DOM 23.0d · STL 97.27%
May · 8 sales · DOM 42.0d · STL 98.15%
Jun · 3 sales · DOM 34.3d · STL 98.33%
Jul · 6 sales · DOM 52.5d · STL 95.75%
Aug · 5 sales · DOM 29.2d · STL 101.26%
Sep · 5 sales · DOM 102.6d · STL 98.63%
Oct · 4 sales · DOM 77.5d · STL 98.15%
Nov · 3 sales · DOM 57.0d · STL 95.13%
Dec · 4 sales · DOM 30.3d · STL 98.99%
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About Elma Real Estate

Explore 17 active listings in Elma, located in North Perth. compare 15 properties for sale and 2 for lease, and find your next home with detailed market data and price estimates.

Elma has seen 79 completed transactions recently, with 69 sold and 10 leased properties providing rich comparable data for accurate valuations.

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