Summarize this content to 2000 words in 6 paragraphs Houses in Perth sold in a median of nine days in July, one day slower than June, but seven days faster than this time last year.The fastest selling suburbs for units were Bentley (five days); Tuart Hill, Como, Wembley and Yokine (six days); and Rivervale, Scarborough, Subiaco, Midland and Innaloo (seven days).The median sale time for a property in Perth in July was just nine days. Credit: WAtodayAnd in more good news for unit owners, with the median sale price rose 2.2 per cent to $450,000 – 12.5 per cent higher than last year.REIWA President Joe White said it had been a long wait for unit owners.“The median house sale price exceeded its 2014 peak in December 2022 and has been experiencing strong growth since then,” he said.“The unit market was slower to respond to market conditions, and prices were fairly stable over 2023, but growth has accelerated this year and seen it equal the previous record.“This is a result of the rising demand for units, which provide a more affordable entry point to the market for buyers, particularly in suburbs close to the CBD.“More price growth is expected over 2024, which will be welcome news for unit owners.”The Perth suburbs which recorded the most growth last month were Heathridge (up 4.6 per cent to $701,000), Coodanup (up 3.8 per cent to $500,000), Wannanup (up 3.6 per cent to $725,000), Swan View (up 3.5 per cent to $590,000) and Quinns Rocks (up 3.2 per cent to $740,000).Maddington, Greenfields, Parmelia, Ballajura and High Wycombe were also among the top performers.
