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Week ending Nov 10
Week ending Nov 10
w-o-w
Mercer Island Real Estate Overview
Today, November 22, 2009
Market View for Mercer Island
Avg. Listing Price
$2,356,776
Wk ending Nov 10
+$72,184
+3.2%
w-o-w
+3.2%
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 Summary
Average price per square foot for Mercer Island WA was $478, an increase of 6.9% compared to the same period last year. The median sales price for homes in Mercer Island WA for Nov 08 to Jan 09 was $920,000 based on 3 home sales. Compared to the same period one year ago, the median home sales price increased 3.4%, or $30,000, and the number of home sales decreased 95.4%.
There are currently 165 resale and new homes in Mercer Island on Trulia, including 13 open houses, as well as 35 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Mercer Island WA was $2,356,776 for the week ending Nov 10, which represents an increase of 3.2%, or $72,184, compared to the prior week.
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