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Mercer Island Real Estate & MLS Listings
Search all Mercer Island homes for sale & real estate listings below. Mercer Island is a city within King County, Washington and is entirely located on the island of the same name on Lake Washington. The population is currently over 23,000. Mercer Island is the most populated island in a lake within the United States. The island also has its own unique ZIP code which is 98040. Below you will find the current homes and property for sale in the Mercer Island, Washington. To search Mercer Island, WA real estate, use the links below to view all Mercer Island homes on the market. For more information or to schedule a home showing, please contact one of our Mercer Island real estate agents and real estate agents today. More about Mercer Island
All the market trends and data charts on this page is 'live'. Bookmark this page to watch the Mercer Island real estate market statistics change each week. Please note, that all references to average DAYS ON MARKET in the several charts below represent the entire time a home was listed in the MLS, through the closing process. The actual "Active" days on market may be significantly lower, especially in areas of high demand.
The median home price is one of the most common measurements used to compare real estate prices in many different markets, areas, and periods. Note these are asking prices, not home values. Below are the median home price statistics in Mercer Island for the past 12 months.
When looking at the average price per square foot, it is important to consider that there are attributes which cause one home to be higher or lower in square footage price, compared to a similar home - such as upgrades, view, lot size and location. Below is median price per square foot for homes in Mercer Island during the past 12 months.
The total home inventory is simply the number of homes currently available for purchase in a given market area. Typically, as the number of available homes goes down, prices increase - simply due to demand. However, this increase can be limited by the income of prospective buyers as well. Below is the number of homes for sale in Mercer Island during the past twelve months.
RealFX.com displays all Mercer Island, WA real estate listed by area REALTORs® in the Northwest MLS. As one of the best websites in the Pacific Northwest for searching real estate listings, home buyers can view thousands of listings from all Mercer Island area brokerage firms. Search RealFX.com for all new construction homes, condos for sale, and waterfront & lakefront homes. For information about home values, or selling homes, contact one of our local Mercer Island Realtors today!