James Rasmussen
(425) 298-6414(425) 298-6414

Mercer Island Real Estate Analysis

Mr. Rasmussen has great local knowledge Mercer Island and all it has to offer, he knows whats happening around town. Contact us to schedule a private showing of these homes!

 

Mercer Island Real Estate Market Stats

Average Home Values

Price Distribution


Owners vs Renters

Home Averages

$115 Average Price
2,720Avg Home Size
1967Avg Year Built

Local vs National Home Values

 LocalNational
Zillow Home Value Index $1,349,500 $195,700
Median Single Family Home Value $1,432,500 $194,200
Median Condo Value $455,200 $209,700
Median 2-Bedroom Home Value $534,500 $153,400
Median 3-Bedroom Home Value $1,205,100 $189,700
Median 4-Bedroom Home Value $1,471,800 $313,200
Percent Homes Decreasing 4.3% 16%
Percent Listing Price Reduction 9.6% 11.9%
Median List Price Per Sq Ft $507 $125
Median List Price 115 239,500
Median Sale Price 115 2,449,593
Homes For Sale 115 2,449,593
Homes Recently Sold 115 2,449,593
Property Tax $7,521 $2,147
Turnover (Sold Within Last Yr.) 4.7% 3.2%
Median Value Per Sq Ft $589 $132
1-Yr. Change 12.3% 6.9%
Homes For Sale By Owner 2 90,527
New Construction 13 127,418
Foreclosures 0 16,767

Local vs National Demographics

 LocalNational
Median Household Income 91,904 44,512
Single Males 9.7% 14.6%
Single Females 7.9% 12.5%
Median Age 41 36
Homes With Kids 33.8% 31.4%
Average Household Size 2 2
Average Commute Time (Minutes) 24 26

Mercer Island Real Estate Listings

Active Listings in Mercer Island

7505 81st Place SE Mercer Island, WA 98040
Photo of 7505 81st Place SE, Mercer Island, WA 98040 (MLS # 1094225)
4 beds 4 baths 3,050 sqft $1,749,000
3840 E Mercer Wy Mercer Island, WA 98040
Photo of 3840 E Mercer Wy, Mercer Island, WA 98040 (MLS # 1077762)
5 beds 5 baths 6,117 sqft $5,500,000
4705 E Mercer Wy Mercer Island, WA 98040
Photo of 4705 E Mercer Wy, Mercer Island, WA 98040 (MLS # 1083640)
5 beds 4 baths 4,110 sqft $1,749,000
4009 97th Ave SE Mercer Island, WA 98040
Photo of 4009 97th Ave SE, Mercer Island, WA 98040 (MLS # 1095266)
3 beds 2 baths 1,190 sqft $950,000
3035 70th Ave SE Mercer Island, WA 98040
Photo of 3035 70th Ave SE, Mercer Island, WA 98040 (MLS # 1095060)
4 beds 3 baths 3,260 sqft $1,895,000
4058 92nd Ave SE Mercer Island, WA 98040
Photo of 4058 92nd Ave SE, Mercer Island, WA 98040 (MLS # 1087631)
4 beds 2 baths 2,472 sqft $1,098,000
4220 91st Ave SE Mercer Island, WA 98040
Photo of 4220 91st Ave SE, Mercer Island, WA 98040 (MLS # 1089649)
4 beds 3 baths 2,520 sqft $1,389,000
8706 SE 50th St Mercer Island, WA 98040
Photo of 8706 SE 50th St, Mercer Island, WA 98040 (MLS # 1092324)
2 beds 3 baths 2,430 sqft $980,000
5702 80th Ave SE Mercer Island, WA 98040
Photo of 5702 80th Ave SE, Mercer Island, WA 98040 (MLS # 1084231)
5 beds 5 baths 4,459 sqft $2,250,000
8281 W Mercer Wy Mercer Island, WA 98040
Photo of 8281 W Mercer Wy, Mercer Island, WA 98040 (MLS # 1091699)
3 beds 3 baths 3,695 sqft $2,325,000

Walk Score for Mercer Island



Mercer Island School Data

Mercer Island School Districts

Mercer Island School District
n/a
http://www.misd.wednet.edu

Mercer Island Schools

Island Park Elementary School
K-5, public
Lakeridge Elementary School
K-5, public
Mercer Island High School
9-12, public
Islander Middle School
6-8, public
West Mercer Elementary School
K-5, public
St. Monica School
PK-8, private
http://stmonicasea.org/
Northwest Yeshiva High School
9-12, private
Children’s Institute For Learning Differences
2-12, private
Yellow Wood Academy
3-4, 6-7, 9-12, private
http://www.yellowwoodacademy.org
French American School of Puget Sound
PK-8, private
http://www.fasps.org
American Academy
PK-12, private
The Privett Academy
6-12, private
http://privettacademy.org/
Northwest Yeshiva High School
9-12, private
Privett Academy
7-12, private
American Academy
1-12, private

Posted on January 26, 2013 at 7:16 am by James Rasmussen

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