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  • Mercer Island Market Report

    $2,769,014

    AVERAGE PRICE OF 119 HOMES

    $3,134,789

    AVERAGE PRICE OF 101 MULTI-MILLION DOLLAR HOMES

    $2,828,441

    AVERAGE PRICE OF 22 NEWLY BUILT HOMES

    $2,845,166

    AVERAGE PRICE OF 6 HOMES WITH A POOL

    $2,423,181

    AVERAGE PRICE OF 38 REDUCED PRICE HOMES

    Average Home

    Average Price $2,769,014
    Avg Bedrooms 4 beds
    Avg Bathrooms 3.37 baths

    Average Price by Bedrooms

    1 bedroom n/a
    2 bedrooms $528,738
    3 bedrooms $1,451,842
    4 bedrooms $2,488,536
    5 bedrooms $4,153,091
    Mercer Island Home Price Trends
      9/2017 8/2017 7/2017 6/2017 5/2017
    Total Listings 115 120 128 131 129
    Average Price $2,809,241 $2,880,374 $2,824,024 $2,779,973 $2,855,422
    Avg Price Change -2.53% +2.00% +1.58% -2.71% +3.49%
    Median Price $1,882,183 $1,957,613 $2,064,465 $1,961,924 $2,148,192
    Med Price Change -4.01% -5.46% +5.23% -9.49% +7.10%
    Avg Bedrooms 3.53 beds 3.26 beds 3.48 beds 3.9 beds 4 beds
    Avg Bathrooms 3.33 baths 3.37 baths 3.34 baths 3.3 baths 3.44 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Buyer To Verify 3 $2,699,320 48 days
    Mercer Isl High 108 $2,774,108 101 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 119 $2,769,014 105 days
    Multi-Million Dollar Homes 101 $3,134,789 117 days
    Newly Built Homes 22 $2,828,441 160 days
    Homes with a Pool 6 $2,845,166 46 days
    Reduced Price Homes 38 $2,423,181 174 days
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