| Location | Nov - Jan '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 98040 | $920,000 | +3.4% | $959,377 | $890,000 | $587,500 | Mercer Island | $920,000 | +3.4% | $959,377 | $890,000 | $587,500 |
The median sales price for homes in ZIP code 98040 for Nov 08 to Jan 09 was $920,000. This represents a decline of 4.1%, or $39,377, compared to the prior quarter and an increase of 3.4% compared to the prior year. Sales prices have appreciated 56.6% over the last 5 years in 98040, Mercer Island.
Average listing price for homes on Trulia in ZIP code 98040 was $2,595,705 for the week ending Nov 25, which represents an increase of 4.8%, or $118,176 compared to the prior week and an increase of 12.4%, or $285,586, compared to the week ending Nov 04. Average price per square foot for homes in 98040 was $478 in the most recent quarter.
| Location | Week ending Nov 25 | w-o-w | Week ending Nov 18 | Week ending Nov 11 | Week ending Nov 4 |
|---|---|---|---|---|---|
| 98040 | $2,595,705 | +4.8% | $2,477,529 | $2,363,467 | $2,310,119 | Mercer Island | $2,595,705 | +4.8% | $2,477,529 | $2,363,467 | $2,310,119 |
| Location | Nov - Jan '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 98040 | $478 | +6.9% | $476 | $447 | $259 | Mercer Island | $478 | +6.9% | $476 | $447 | $259 |
| Zips | Week ending Nov 25 |
w-o-w | Week ending Nov 18 |
Week ending Nov 11 |
|---|---|---|---|---|
| 98040 | 1 | — | 1 | 1 |
Market Trends
Fair Housing and Equal Opportunity|
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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