If you need assistance, please call 425-200-4093

Mercer Island Market Report

$2,596,269

AVERAGE PRICE OF 137 HOMES

$940,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,775,167

AVERAGE PRICE OF 125 MULTI-MILLION DOLLAR HOMES

$3,038,196

AVERAGE PRICE OF 28 NEWLY BUILT HOMES

$6,201,400

AVERAGE PRICE OF 5 HOMES WITH A POOL

$2,152,782

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $2,596,269
Avg Bedrooms 4.16 beds
Avg Bathrooms 3.29 baths

Average Price by Bedrooms

1 bedroom $400,000
2 bedrooms $987,399
3 bedrooms $1,230,100
4 bedrooms $2,441,216
5 bedrooms $3,595,180
Mercer Island Home Price Trends
  3/2019 2/2019 1/2019 12/2018 11/2018
Total Listings 112 100 88 95 111
Average Price $2,844,113 $2,917,134 $2,912,965 $2,840,397 $2,948,012
Avg Price Change -2.57% +0.14% +2.55% -3.79% -3.39%
Median Price $2,010,563 $2,014,687 $1,995,982 $2,007,584 $2,124,785
Med Price Change -0.21% +0.94% -0.58% -5.84% -1.74%
Avg Bedrooms 4.15 beds 4.09 beds 4.06 beds 4.02 beds 4.03 beds
Avg Bathrooms 3.37 baths 3.31 baths 3.27 baths 3.28 baths 3.27 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 6 $2,148,825 93 days
Mercer Isl High 124 $2,564,507 75 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 137 $2,596,269 88 days
Distressed Homes 1 $940,000 448 days
Multi-Million Dollar Homes 125 $2,775,167 87 days
Newly Built Homes 28 $3,038,196 91 days
Homes with a Pool 5 $6,201,400 173 days
Reduced Price Homes 14 $2,152,782 67 days
;