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  • Mercer Island Market Report

    $2,995,122

    AVERAGE PRICE OF 123 HOMES

    $869,500

    AVERAGE PRICE OF 2 DISTRESSED HOMES

    $3,274,697

    AVERAGE PRICE OF 110 MULTI-MILLION DOLLAR HOMES

    $3,043,279

    AVERAGE PRICE OF 20 NEWLY BUILT HOMES

    $5,696,282

    AVERAGE PRICE OF 6 HOMES WITH A POOL

    $2,917,913

    AVERAGE PRICE OF 23 REDUCED PRICE HOMES

    Average Home

    Average Price $2,995,122
    Avg Bedrooms 4.23 beds
    Avg Bathrooms 3.53 baths

    Average Price by Bedrooms

    1 bedroom $361,666
    2 bedrooms $548,660
    3 bedrooms $1,600,863
    4 bedrooms $2,772,054
    5 bedrooms $3,711,658
    Mercer Island Home Price Trends
      6/2018 5/2018 4/2018 3/2018 2/2018
    Total Listings 119 103 n/a 96 74
    Average Price $2,951,126 $3,053,772 n/a $3,107,034 $3,220,272
    Avg Price Change -3.48% n/a n/a -3.64% -5.28%
    Median Price $2,234,676 $2,358,790 n/a $2,132,008 $2,292,342
    Med Price Change -5.55% n/a n/a -7.52% -1.95%
    Avg Bedrooms 4.26 beds 4.29 beds n/a 4 beds 4 beds
    Avg Bathrooms 3.52 baths 3.55 baths n/a 3.44 baths 3.6 baths
    Home Price by High School
    School Name Total Homes Average Price
    Buyer To Verify 2 $998,500
    Mercer Isl High 116 $3,030,922
    Home Price by House Size
    Total Homes Average Price
    All Homes 123 $2,995,122
    Distressed Homes 2 $869,500
    Multi-Million Dollar Homes 110 $3,274,697
    Newly Built Homes 20 $3,043,279
    Homes with a Pool 6 $5,696,282
    Reduced Price Homes 23 $2,917,913
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