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Mercer Island Market Trends

Today, December 17, 2009

Median Sales Price in Mercer Island

Embed Info
1 yr 5 yr Max
Mercer Island median sales prices
Number of sold homes in Mercer Island
No. BedroomsNov - Jan '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms--$695,000$435,000$247,500
3 bedrooms--$1,050,000$804,000$575,000
4 bedrooms$920,000-4.3%$932,500$961,775$606,616
All properties$920,000+3.4%$959,377$890,000$587,500
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Mercer Island Summary

The median sales price for homes in Mercer Island WA 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 Mercer Island.

The average listing price for Mercer Island homes for sale on Trulia was $2,429,118 for the week ending Dec 08, which represents a decline of 1.2%, or $29,139, compared to the prior week and a decline of 0.2%, or $5,029, compared to the week ending Nov 17. Average price per square foot for Mercer Island WA was $478, an increase of 6.9% compared to the same period last year.

 

Average Listing Price in Mercer Island

Embed Info
1 yr 5 yr Max
Mercer Island average property price
Mercer Island – number of properties
No. BedroomsWeek ending
Dec 8
w-o-wWeek ending
Dec 1
Week ending
Nov 24
Week ending
Nov 17
1 bedroom$217,802-0.5%$218,818$229,653$242,911
2 bedrooms$618,176+15.3%$536,140$508,550$492,164
3 bedrooms$1,010,361-1.9%$1,029,801$1,048,919$986,261
4 bedrooms$1,611,580+2.0%$1,580,628$1,607,175$1,663,762
All properties$2,429,118-1.2%$2,458,257$2,611,200$2,434,147
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Average Price Per Sqft for Homes in Mercer Island

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1 yr 5 yr Max
Mercer Island average price per square foot
No. BedroomsNov - Jan '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms--$559$357$193
3 bedrooms--$619$391$284
4 bedrooms$455+20.7%$398$377$264
All properties$478+6.9%$476$447$259
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Homes for Sale in Mercer Island

4124 83rd Avenue SE, Mercer Island WA
4124 83rd…
$875,000
3 br  2 ½ ba
3239 80th Avenue SE, Mercer Island WA
3239 80th…
$275,000
2 br  2 ba
8128 Southeast 44th Street, Mercer Island WA
8128 SE 44…
$2,189,000
4 br  3 ba
6001 84th Avenue SE, Mercer Island WA
6001 84th…
$829,950
5 br  2 ½ ba
8171 West Mercer Way, Mercer Island WA
8171 W Mer…
$4,490,000
5 br  5 ba
2060 82nd Avenue SE, Mercer Island WA
2060 82nd…
$1,525,000
2 br  2 ½ ba
View all Mercer Island Homes for Sale
 
Stats & Trends
Mercer Island

Real Estate Overview

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Community Info

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Nearby Cities

Cities
Median
sales price
Average
listing price
Issaquah
$467,000
$587,084
Medina
$4,175,000
$3,730,511
Clyde Hill
$1,270,000
$2,349,898
Hunts Point
$1,241,500
$8,140,711
Yarrow Point
$1,075,000
$5,150,914
Bellevue
$485,000
$896,224
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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.

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.

 
   
About this Info
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.

 
   
About this Info
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.

 
   
About this Info
Average Price per Square Foot 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.