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Mercer Island Real Estate Overview

Today, November 7, 2009

Market View for Mercer Island

Info
Avg. Listing Price $2,120,459 Wk ending Oct 28
-$188,431
-8.2%
w-o-w
Median Sales Price $920,000 Nov '08 - Jan '09
+$30,000
+3.4%
y-o-y
134Homes For Sale 13Open Homes
0Recently Sold 33Foreclosures

Market Trends for Mercer Island

Embed Info
Listing price – Mercer Island
Average Listing Price
$2,120,459
-8.2%
w-o-w
Median Sales Price
$920,000
+3.4%
y-o-y
Average price/sqft
$478
+6.9%
y-o-y
Number of Sales
3
-95.4%
y-o-y
More Mercer Island Market Trends
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Home Prices for King County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Oct 28
 
w-o-w

98004
$1,522,000
-2.1%
98033
$836,992
+2.0%
98040
$2,120,459
-8.2%
98006
$770,808
-2.9%
98052
$508,070
+1.3%
 
Movers & Shakers
Avg. listing price
Week ending Oct 28
 
w-o-w

98188
$290,969
+20.9%
98105
$808,349
-10.4%
98050
$989,402
-10.2%
98072
$641,816
-8.4%
98040
$2,120,459
-8.2%
 
View King County Home Prices Map
 

Mercer Island Summary

Average price per square foot for Mercer Island WA was $478, an increase of 6.9% compared to the same period last year. The median sales price for homes in Mercer Island WA for Nov 08 to Jan 09 was $920,000 based on 3 home sales. Compared to the same period one year ago, the median home sales price increased 3.4%, or $30,000, and the number of home sales decreased 95.4%.

There are currently 134 resale and new homes in Mercer Island on Trulia, including 13 open houses, as well as 33 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Mercer Island WA was $2,120,459 for the week ending Oct 28, which represents a decrease of 8.2%, or $188,431, compared to the prior week.

 

Community Info for Mercer Island

Info
More Mercer Island Community Info

Homes for Sale in Mercer Island

6900 Southeast 33rd Street, Mercer Island WA
6900 SE 33…
$928,000
4 br  2 ½ ba
3636 81st Avenue SE, Mercer Island WA
3636 81st…
$638,000
4 br  1 ½ ba
6016 Southeast 27th Street, Mercer Island WA
6016 SE 27…
$729,000
4 br  2 ½ ba
7947 Lake View Lane, Mercer Island WA
7947 Lake…
$1,695,000
4 br  3 ½ ba
7361 West Mercer Way, Mercer Island WA
7361 W Mer…
$1,850,000
5 br  3 ½ ba
8100 Southeast 48th Street, Mercer Island WA
8100 SE 48…
$1,899,000
4 br  4 ½ ba
View all Mercer Island Homes for Sale
 
Stats & Trends
Mercer Island

Real Estate Overview

Market Trends

Home Prices Map

Community Info

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Nearby Cities

Cities
Median
sales price
Average
listing price
Issaquah
$467,000
$590,513
Medina
$4,175,000
$3,373,367
Clyde Hill
$1,270,000
$2,250,620
Hunts Point
$1,241,500
$5,172,117
Yarrow Point
$1,075,000
$4,105,068
Bellevue
$485,000
$915,661

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About this Info
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.
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. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
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.
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. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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