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Week ending Nov 18
Week ending Nov 18
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Mercer Island, 98040 Real Estate Overview
Today, November 25, 2009
Market View for 98040
Avg. Listing Price
$2,477,529
Wk ending Nov 18
+$114,062
+4.8%
w-o-w
+4.8%
w-o-w
Median Sales Price
$920,000
Nov '08 - Jan '09
+$30,000
+3.4%
y-o-y
+3.4%
y-o-y
Mercer Island, 98040 Summary
The median sales price for homes in ZIP code 98040 in Mercer Island from Nov 08 to Jan 09 was $920,000 based on 3 sales. Compared to the same period one year ago, the median sales price increased 3.4%, or $30,000, and the number of sales decreased 95.4%. Average price per square foot for homes in 98040 was $478, an increase of 6.9% compared to the same period last year.
There are currently 164 resale and new homes in ZIP code 98040 on Trulia, including 35 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 98040 was $2,477,529 for the week ending Nov 18, which represents an increase of 4.8%, or $114,062, compared to the prior week.
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98040, Mercer Island
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