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December 1, 2022 — Mercer Island real estate market at a glance:

  • 42 houses, 2 condos and 5 parcels are for sale in Mercer Island today.
  • $2,853,193 is the median asking price for a single family home for sale.
  • 3,725 SQFT is the median size of a single family home for sale.
  • $766/SQFT is the median asking price per square foot for a single family home for sale.
  • 6 new homes in Mercer Island are for sale today.
  • There are 1.94 months of residential housing supply. This indicates a severe seller's market with upward pressure on pricing.
    Calculation: 44 houses and condos for sale divided by 22.7 sales per month which is the trailing six month average.

Homes for Sale in Mercer Island, WA

All (42)
OPEN Sat 12:30pm-4:30pm & Sun 12:30pm-4:30pm
For Sale 14 Days Online
$2,895,000 5 Beds 2.5 Baths 4,007 SQFT
Lifestyle, Location & Layout - This home has it all! Gorgeous custom home w/incredibl...  Details »
NWMLS #2015276. Kari Haas, Windermere Bellevue Commons
OPEN Sat 12pm-3pm
For Sale 15 Days Online
$1,850,000 4 Beds 2.5 Baths 2,560 SQFT
First time on market in nearly 50 years! Situated on a sunny west facing corner lot...  Details »
NWMLS #2017088. Emily Wood, Windermere Real Estate M2 LLC
For Sale 20 Days Online
$1,850,000 2 Beds 2.5 Baths 2,560 SQFT
Incredible value house on a large 0.41-acre lot! 1-story open floor plan. 2bed/2.5ba...  Details »
NWMLS #2016326. Yi Liu, Olaie
Chateau
For Sale 23 Days Online
$575,000 2 Beds 1.75 Baths 1,223 SQFT
Exceptional 2 bedroom/1.75 bath condo unit with spacious, light filled open floor pla...  Details »
NWMLS #2013391. Tracy E. Harris, Berkshire Hathaway HS NW
Monaco Villa
For Sale 83 Days Online
$498,000 1 Bed 0.75 Baths 800 SQFT
Welcome Home to life at the Top of it all at Monaco Villa! Tons of Sunshine w/ 180 De...  Details »
NWMLS #1994079. Ann Marie Rigali, Redfin
Four Seasons Homes
For Sale 21 Days Online
$4,995,000 5 Beds 5.75 Baths 6,430 SQFT
Distinct cutting edge design and uncompromised attention to detail meet the sophistic...  Details »
NWMLS #2015905. Vlad Popach, COMPASS
Cayson Fields
Atlin Group
For Sale 23 Days Online
$4,250,000 5 Beds 4.25 Baths 4,819 SQFT
**PRESALE** The 5th of 6 homes in the Cayson Fields enclave is an elevated yet unpret...  Details »
NWMLS #2015335. Michele Schuler, Realogics Sotheby's Int'l Rlty
For Sale 23 Days Online
$5,475,000 5 Beds 5 Baths 6,300 SQFT
Don't miss the opportunity to build your dream home in the coveted West Mercer island...  Details »
NWMLS #2014530. Vlad Popach, COMPASS
Today's Market at a Glance
December 1, 2022
Active
42 Houses 2 Condos 5 Parcels
For Sale Stats
$2,853,193
3,725 sqft
$766/sqft
Median values from the 42 single family homes for sale in Mercer Island WA.
Closing Stats
$2,458,000
3,300 sqft
$745/sqft
Median values for the 111 single family Mercer Island homes closed in the last 6 months.
Plus
6
New Homes
14% of the residential market
1.94
Months of Supply
This indicates a severe seller's market with upward pressure on pricing.
  • Homes closed November 2022: 13 52% from November 2021 (27).
  • $2,458,000 was the median sale price of single family houses closed in the last 6 months.
  • 3,300 SQFT was the median size of single family houses closed in the last 6 months.
  • $745/SQFT was the median price per square foot for single family homes closed in the last 6 months.
    Closed house price and size is computed by median 111 single family Mercer Island homes closed in the last six months.
  • 10 residential closings have occurred in the last thirty days.
    Houses (7) · Condos (3)

Mercer Island, WA Real Estate Agent

Have specific questions and want help from an friendly area expect? Contact Rob today!

John L. Scott

I'm interested in seeing and potentially buying in Mercer Island, now what?

It's time to talk to a real estate agent about the properties you're most interested in. We recommend you contact Rob Condiotty, the Landcast team member covering Mercer Island, WA.

Are there more homes for sale in Mercer Island than shown on this page?

All MLS listed homes for sale in Mercer Island, WA are on Landcast.

We sometimes know of off-market homes or new homes being built by home builders that aren't currently listed, to help find these unlisted homes for sale in Mercer Island, we recommend you contact Rob Condiotty.

Where does Landcast get information about Mercer Island?

Information about the listed homes for sale in Mercer Island generally comes from the MLS. Information about neighborhoods in Mercer Island, condos in Mercer Island, and new homes in Mercer Island, comes from the MLS, our research staff, public data, area home builders and from contributions from our users.