Mercer Island Real Estate Market
The median sale price for homes in Mercer Island over the last 12 months is $761,500.
The median mortgage debt is $290,720.
The price per square foot for listings in this area is $535.
The median sale price in January for single family homes is $550,000. The sale prices dropped by -21.42% from the previous month.
The price per square foot for sales in this area is $174.
The number of active listings in Mercer Island dropped by 8.1% from the previous month.
The median number of days active properties have been listed is 71. This is significantly shorter than the national average.
The number of sales in January dropped by 82.4% from the previous month.
The percent of unoccupied properties is very low in Mercer Island. It is -8.74% below the national average.
The percent of owner occupied properties in Mercer Island is 12.12% above the national average.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
