Homes in Mercer Island receive 3 offers on average and sell in around 12 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 … 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 Median Sales Price. The average sale price per square foot in Mercer Island is $629, up 24.3% since last year. Many homes get multiple offers, some with waived contingencies. There are 46 neighborhoods in Mercer Island. What is the median home price in Mercer Island? Browse all available 3-bedroom apartments in Mercer Island, WA . Most homes get multiple offers, often with waived contingencies. The median sale price was $2.2M. Updated live with the latest information. Mercer Island, Washington has a population of 25,058. Therefore, the ratio of house price to income is 7.4x; this ratio is 73% higher than the average in Washington. School service boundaries are intended to be used as reference only. Mercer Island, Washington’s cost of living is 87% higher than the national average. Homes for sale in Mercer Island, WA have a median listing price of $1,746,944. There are 39 homes for sale in Mercer Island, WA, 8 of which were newly listed within the last week. Zillow has 8 homes for sale in Mercer Island WA matching Views Lake. 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. 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. Residential and condominium inventory on Mercer Island were down by 27.72 percent in May compared to one year ago. 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. In Mercer Island, WA, the median house price is $956,200, while the median income for households in the area is $129,348. See Maps, Photos, and More. Mercer Island, WA Home Reports Search property reports to locate Mercer Island property information and Mercer Island home values using our Homefacts database. View all 56 listings available in Mercer Island with an average price of $1,744,270. Mercer Island is a city in Washington and consists of 46 neighborhoods. Mercer Island… Potential home buyers have 146 homes to choose from compared to 202 last year. Includes waterfront and non-waterfront properties on Mercer Island. The trend for median days on market in Mercer Island, WA has gone up since last month, and slightly up since last year. Homes in Mercer Island receive 3 offers on average and sell in around 12.5 days. The highest Mercer Island sale was a $10,050,000 waterfront home on the North End. You can research home values, browse Mercer Island's hottest homes, and see what Coldwell Banker's agents have to … Most economists predict that Mercer Island home values will rise by about 4% within the next year. On Mercer Island, the average price for a four-bedroom, two-bath home is $1.06 million. We will soon provide other points, such as View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. There are 39 homes for sale, ranging from $359K to $17.8M. 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. The median list price of homes in Mercer Island, WA was $1.7M in December 2020, trending down -2.7% year-over-year. Some of the best neighborhoods in or around Mercer Island, Washington are South End, Downtown Mercer Island and Mercerwood. We’ll provide you with comprehensive and accurate data that includes average listing price and median sales price. 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. The median listing price per square foot was $580. The average sale price per square foot in Mercer Island is $629, up 24.3% since last year. Real Estate Highlights in Mercer Island, WA. 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 The average sale price of a home in Mercer Island was $2.21M last month, up 59.8% since last year. Our free service analyze millions of home sales to find the perfect agent for you. Bellevue, Redmond, Sammamish and Kirkland rounded out the top five. See all recently sold homes in Mercer Island. There are 35 active homes for sale in Mercer Island, WA, which spend an average of 60 days on the market. Right now, there are 98 homes listed for sale in Mercer Island, including 46 condos and 0 foreclosures. View all 129 listings available in Mercer Island with an average price of $2,052,781. Homes in Mercer Island, WA sold for approximately the asking price on average in December 2020. In Mercer Island it looks a lot like a Colonial. Additionally, there are 16 rentals, with a range of $1.1K to $11.5K per month. Some of these homes are Hot Homes, meaning they're likely to sell quickly. - Median Home Cost is 54% cheaper in Seattle. See Maps, Photos, and More. 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. Explore data for the past 6 months, 1 year, or 3 years. You can also find 7 private and charter schools. 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. Real estate sales and price statistics for the real estate market in and around Mercer Island, Washington, 98110. Consider buying or renting a home in one of these popular neighborhoods. The median list price in Mercer Island was less than 1% change from October to November. Mercer Island is located in Washington. Inventory of single family homes and condominiums dropped 30 percent from a year ago in June. Mercer Island, WA hosts 6 public schools rated good and higher by GreatSchools. , with a few nearby public transportation options. * 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? 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. 29 Homes For Sale in Mercer Island, WA. 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. The median listing price per square foot was $580. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! Downtown Mercer Island is the most affordable neighborhood, with a median listing price of $635K. To verify enrollment eligibility for a property, contact the school directly. Mercer Island home prices drop in May. For example, 8419 SE 69th Place is a 3 bed/2.75 bath Mercer Island home listed for $1,649,000. 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.. The four-bedroom home at 4214 86th Ave. S.E. Mercer Island, WA Rental Market Trends Highlights. The Mercer Island housing market is very competitive. a minimal amount of infrastructure for biking. Popular Neighborhoods in Mercer Island, WA. Homes for sale in Mercer Island have a median listing price of $1.6M . 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 lowest was a $685,000 West Mercer Way rambler in need of a major renovation or complete rebuild. The county percentage for households with children is 26%. Discover more Mercer Island listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. 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. Contact Megan. 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. Days on Market shows you how long on average homes in Mercer Island took to sell. 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