mercer island average home price

Bellevue, Redmond, Sammamish and Kirkland rounded out the top five. Some of the best neighborhoods in or around Mercer Island, Washington are South End, Downtown Mercer Island and Mercerwood. The average sale price per square foot in Mercer Island is $629, up 24.3% since last year. View Mercer Island median home price data from the past 6 months, 1 year, or 3 years by using the toggle buttons in the top-right corner of the graph. With 25,894 people, 10,123 houses or apartments, and a median cost of homes of $1,374,982, Mercer Island house prices are not only among the most expensive in Washington, Mercer Island real estate also is some of the most expensive in all of America. , with a few nearby public transportation options. - Overall, Seattle, Washington is 39.2% cheaper than Mercer Island, Washington - Median Home Cost is the biggest factor in the cost of living difference. Search homes for sale in Mercer Island, WA for free. View all 129 listings available in Mercer Island with an average price of $2,052,781. Average Home Values By City. The lowest was a $685,000 West Mercer Way rambler in need of a major renovation or complete rebuild. Median List Price shows you the average sale price of a home in Mercer Island over the past 6 months, 1 year, or 3 years. The median list price per square foot is $635, which is higher than the entire Seattle, Tacoma, and Bellevue Metro area of just $275. Days on Market shows you how long on average homes in Mercer Island took to sell. Mercer Island is more family-centric than the surrounding county with 32% households with children. Coldwell Banker estimates the median home price in Mercer Island is $2,399,000. See all recently sold homes in Mercer Island. To verify enrollment eligibility for a property, contact the school directly. See more real estate market trends for Mercer Island. Smart-phone friendly size here. Real estate sales and price statistics for the real estate market in and around Mercer Island, Washington, 98110. a minimal amount of infrastructure for biking. Inventory of single family homes and condominiums dropped 30 percent from a year ago in June. - Median Home Cost is 54% cheaper in Seattle. Zillow has 8 homes for sale in Mercer Island WA matching Views Lake. parks and gyms. Mercer Island, Washington’s cost of living is 87% higher than the national average. There are 46 neighborhoods in Mercer Island. Right now, there are 98 homes listed for sale in Mercer Island, including 46 condos and 0 foreclosures. The average sale price of a home in Mercer Island was $2.21M last month, up 59.8% since last year. Real Estate Highlights in Mercer Island, WA. The American Community Survey, conducted by the U.S. Census Bureau, publishes detailed estimates about Mercer Island's owner-occupied housing each year, including data about Home Value.. Includes waterfront and non-waterfront properties on Mercer Island. Homes for sale in Mercer Island have a median listing price of $1.6M . You can also find 7 private and charter schools. School service boundaries are intended to be used as reference only. Additionally, there are 16 rentals, with a range of $1.1K to $11.5K per month. What is the median home price in Mercer Island? Bradley Knowles • Windermere Real Estate Midtown Windermere RE/Capitol Hill,Inc, Sandra Levin • John L. Scott, Inc. Realogics Sotheby's Int'l Rlty, Evan Wyman • COMPASS Realogics Sotheby's Int'l Rlty, Dana Fitzpatrick • Realogics Sotheby's Int'l Rlty FlyHomes, Kelly Weisfield • COMPASS Coldwell Banker Bain, Cindy Verschueren • John L. Scott, Inc. Windermere Real Estate/East, Afi Armin • Pellego, Inc. Kelly Right RE of Seattle LLC. Mercer Island is a luxury real estate market as evidenced by the average active list price of approximately $3.45 million, but there are fantastic Mercer Island homes that can be purchased well under the average price. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! Most homes get multiple offers, often with waived contingencies. There are 39 homes for sale in Mercer Island, WA, 8 of which were newly listed within the last week. Mercer Island Homes For Sale $1,401,000; Beaux Arts Village Homes For Sale-Bellevue Homes For Sale $819,700; Bryn Mawr-Skyway Homes For Sale $414,400; Burien Homes For Sale $381,100; Clyde Hill Homes For Sale $2,425,000; Hunts Point Homes For Sale-Issaquah Homes For Sale $726,800; Kent Homes For Sale $360,400 Explore data for the past 6 months, 1 year, or 3 years. The median sale price was $2.2M. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. The median list price of homes in Mercer Island, WA was $1.7M in December 2020, trending down -2.7% year-over-year. Search homes for sale in Mercer Island, WA for free. * School data provided by National Center for Education Statistics, Pitney Bowes, and, Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? But when a Mercer Island condo or town home could be found, buyers were finding relative bargains with an average sales price of $301,186 — more than $50,000 less than last year. Mercer Island's Real Estate Market Snapshot In the past 12 months, the price of homes sold in Mercer Island ranged between $360,000 and $4,300,000. Mercer Island, WA Home Reports Search property reports to locate Mercer Island property information and Mercer Island home values using our Homefacts database. 29 Homes For Sale in Mercer Island, WA. Popular Neighborhoods in Mercer Island, WA. The average sale price of a home in Mercer Island was $2.21M last month, up 59.8% since last year. Floods Lake Side has a median listing price of $3.8M, making it the most expensive neighborhood. There are 39 homes for sale, ranging from $359K to $17.8M. The county percentage for households with children is 26%. The median household income in Mercer Island, Washington is $115,672. Mercer Island, WA hosts 6 public schools rated good and higher by GreatSchools. There are 35 active homes for sale in Mercer Island, WA, which spend an average of 60 days on the market. In Mercer Island, WA, the median house price is $956,200, while the median income for households in the area is $129,348. Browse all available 3-bedroom apartments in Mercer Island, WA . Mercer Island… The average homes sell for around list price and go pending in around. The median listing price per square foot was $580. On average, homes in Mercer Island, WA sell after 60 days on the market. Potential home buyers have 146 homes to choose from compared to 202 last year. Mercer Island home prices drop in May. In Mercer Island it looks a lot like a Colonial. by Linda Ball; Tuesday, June 14, 2011 1:51pm; News Mercer Island, WA is a seller's market in December 2020, which means that there are more people looking to buy than there are homes available. Homes for sale in Mercer Island, WA have a median listing price of $1,746,944. Downtown Mercer Island is the most affordable neighborhood, with a median listing price of $635K. The median list price in Mercer Island was less than 1% change from October to November. Most economists predict that Mercer Island home values will rise by about 4% within the next year. There are 164 homes for sale in Mercer Island with a median price of $1,650,000, which is an increase of 2.1% since last year. The median listing price per square foot was $580. You can research home values, browse Mercer Island's hottest homes, and see what Coldwell Banker's agents have to … Homes in Mercer Island receive 3 offers on average and sell in around 12 days. Our free service analyze millions of home sales to find the perfect agent for you. The average sale price per square foot in Mercer Island is $629, up 24.3% since last year. 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. We will soon provide other points, such as The median list price in Mercer Island is $2,183,500. Discover more Mercer Island listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. Mercer Island is a city in Washington and consists of 46 neighborhoods. Unlike the Census—which is an exact count of people and households every ten years—ACS statistics are estimated based on a representative survey sample. The average rent for an apartment in Mercer Island is $2,204, a 2% decrease compared to the previous year, when the average rent was $2,253. See Maps, Photos, and More. For example, 8419 SE 69th Place is a 3 bed/2.75 bath Mercer Island home listed for $1,649,000. Mercer Island, WA Rental Market Trends Highlights. See Maps, Photos, and More. Mercer Island Median Sales Price. Mercer Island real estate continues to buck the trend, according to the latest statistics from the Northwest Multiple Listing Service. The trend for median days on market in Mercer Island, WA has gone up since last month, and slightly up since last year. Mercer Island, Washington has a population of 25,058. On Mercer Island, the average price for a four-bedroom, two-bath home is $1.06 million. Mercer Island's home resale inventories is 80, which decreased 1 percent since October 2019. The price range for a 3-bedroom apartment in Mercer Island, WA is between $5,179 and $6,070. Mercer Island city income, earnings, and wages data Estimated median house or condo value in 2017: over $1,000,000 (it was $548,300 in 2000) Updated live with the latest information. The median list price of homes in Mercer Island, WA was $1.7M in December 2020, trending down -2.7% year-over-year. Find out by comparing median home prices in Mercer Island over the past three years with our interactive graph, or get a weekly glance with the table view. Some of these homes are Hot Homes, meaning they're likely to sell quickly. The average listing price in … View all 56 listings available in Mercer Island with an average price of $1,744,270. Here are the best public schools in Mercer Island, WA: You can find dozens of grocery stores, and hundreds of cafes and restaurants in Mercer Island, WA. The highest Mercer Island sale was a $10,050,000 waterfront home on the North End. The Mercer Island housing market is very competitive. With 53 new units coming on the market last month and 31 closed sales, there are 141 active residential listings on Mercer Island. The median list price per square foot in Mercer Island … Mercer Island is located in Washington. Therefore, the ratio of house price to income is 7.4x; this ratio is 73% higher than the average in Washington. Looking for only waterfront? Homes in Mercer Island, WA sold for approximately the asking price on average in December 2020. Homes in Mercer Island receive 3 offers on average and sell in around 12.5 days. Local Realtors say just 24 homes and condos were sold on Mercer Island in November with a median price of $682,000 — a steep drop from 38 … Consider buying or renting a home in one of these popular neighborhoods. Residential and condominium inventory on Mercer Island were down by 27.72 percent in May compared to one year ago. Many homes get multiple offers, some with waived contingencies. Contact Megan. Take a closer look at median list prices in Mercer Island with our table view. The four-bedroom home at 4214 86th Ave. S.E. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. In 2019, 39.8% of all homes, and 12.7% of homes priced above $2 million, sold for at or above their listed price. We’ll provide you with comprehensive and accurate data that includes average listing price and median sales price. Now, there are 35 active homes for sale in Mercer Island, have... Of a home in Mercer Island WA matching Views Lake 6 months, 1 year or. It the most expensive neighborhood an average of 60 days on the End... The perfect Place is 87 % higher than the surrounding county with 32 % households with children average sell! 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