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WA > King County > Mercer Island : Real Estate

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Listing provided courtesy of Northwest Multiple Listing Service (NWMLS) 7354 Island Crest Way(Private Lane) $1,095,000 4 bd 2.5 ba
Reduced  - Orig. $1,095,000
open
Sold
Windermere Real Estate/East
Listing provided courtesy of Northwest Multiple Listing Service (NWMLS) 9407 SE 33rd St $1,248,000 4 bd 2.5 ba
Reduced  - Orig. $1,248,000
open Sun, Jul 5 1 - 4 PM
Sold
Coldwell Banker Bain
Listing provided courtesy of Northwest Multiple Listing Service (NWMLS) 7800 SE 27th St #204 $605,000 2 bd 2 ba
Reduced  - Orig. $605,000
open
Sold
Urban Pacific Real Estate
Listing provided courtesy of Northwest Multiple Listing Service (NWMLS) 7800 SE 27th St #403 $1,100,000 2 bd 2 ba
Reduced  - Orig. $1,100,000
open
Sold
Urban Pacific Real Estate
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Mercer Island Market Trends

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Homes for Sale Jun '09 vs. Prev. Month vs. Prev. Year
# Homes for Sale 283 3.3%   -
For Sale by Owner 16 23.8%   -
Bank & MLS Foreclosures 0   -   -
Median List Price $999K 8.6%   -
Median List $/SqFt. $374 1.6%   -
Homes Sold Apr '09 vs. Prev. Month vs. Prev. Year
# Homes Sold 11 8.3% 60.7%
Median Sold Price $1,024K 33% 5.9%
Median Sold $/SqFt. $337 3.4% 18.3%
% Sale to List 90.4% 3.2%   -

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Should I Wait for a Price Reduction?

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Mercer Island homes with price reductions
Gray bars show homes that went off market with no price reductions. Blue bars indicate one or more reductions. Learn more about this data.
Price Reductions House Condo Both
Days on Redfin 101 140 104
% Homes with Reductions 48.2% 26.3% 45.1%
# Of Reductions 2 1 2
Total % Reduction 8.1% 8.7% 8.5%
Based on homes sold or taken off the market between Apr 3 and Jul 2. Learn more about this data.

Cities Near Mercer Island

Nearby City Median List $ $/Sq. Ft. % Sale to List
Mercer Island $1,095K $376 91.2%
Beaux Arts Village $1,350K $373 -
Bellevue $699K $306 94.9%

Mercer Island Schools

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