Mercer Island, WA Real Estate Market Summary – September 8, 2026
In Mercer Island, WA, the overall market shows a consistent pace with a total of 20 properties sold in the last month. The average sale price was $3,113,200, with a median sale price of $2,335,000. Homes sold had an average living area of 3,436 square feet and a median of 3,305 square feet.
| Metric | 30 Days |
|---|---|
| Number Sold | 20 |
| Sold Per Day | 1 every 1.50 days |
| Average SQFT | 3436 |
| Median Sales Price | $2,335,000 |
| Average Sales Price | $3,113,200 |
| Average Price Per SQFT | $952 |
| Average Days on Market | 16 |
| Average Year Built | 1980 |
Mercer Island, WA Single Family Home Analysis
The single family market in Mercer Island features the same statistics as the overall market, with 20 homes sold, an average sale price of $3,113,200, and a median sale price of $2,335,000. The average days on the market for single family homes was approximately 16 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 20 |
| Sold Per Day | 1 every 1.50 days |
| Average SQFT | 3436 |
| Median Sales Price | $2,335,000 |
| Average Sales Price | $3,113,200 |
| Average Price Per SQFT | $952 |
| Average Days on Market | 16 |
| Average Year Built | 1980 |
Mercer Island, WA Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- Properties sold at a pace of 1 every 1.5 days.
- Homes were on the market for an average of 16 days before completion.
- Average living area for sold properties was 3,436 square feet.
- The state does not disclose sale prices for condo and townhome transactions.
Conclusion
The Mercer Island real estate market indicates a steady performance in the single family segment. With a consistent average of 20 properties sold monthly, this trend suggests stable activity in this area.