What is the current median home price on Mercer Island?

The median home sale price on Mercer Island updates monthly via NWMLS ShowingTime. Mercer Island consistently ranks among the highest-priced markets in the greater Seattle metro area.

How competitive is the Mercer Island real estate market?

Mercer Island is one of the most competitive housing markets in Western Washington, often featuring multiple-offer situations, sub-2-month supply, and sale prices above list price.

What does Months of Supply mean for Mercer Island homes?

Months of supply measures how long it would take to sell all listed homes at the current sales pace. Below 4 months favors sellers; above 6 months favors buyers.

How many days does it take to sell a home on Mercer Island?

Median days on market is tracked live from NWMLS ShowingTime. In high-demand periods, Mercer Island homes frequently go pending within days of listing.

What is the price per square foot for Mercer Island homes?

Price per square foot is a key benchmark for comparing homes across Mercer Island's diverse neighborhoods. Live data is sourced from NWMLS ShowingTime.

Are Mercer Island homes selling above list price?

The % of List Price Received metric shows whether buyers are paying over or under asking price. Above 100% signals a seller's market.

Mercer Island Real Estate Data

Mercer Island Real Estate Market
(Updated Monthly)

By Matthew Konsmo | Coldwell Banker Danforth
Mercer Island

Thinking about buying or selling on Mercer Island? This page tracks the Mercer Island real estate market using live NWMLS data — updated monthly with median sale prices, days on market, closed sales, and inventory levels. Whether you’re timing a purchase or preparing to list, the numbers below give you a clear picture of where the market stands right now.

Learn More About Living on Mercer Island >

Mercer Island, WA

Real Estate Market Snapshot

Live data sourced from NWMLS ShowingTime — updates automatically each month

Median Sale Price

New Listings

Homes for Sale

Pending Sales

Closed Sales

Median Days on Market

Months Supply (Pending)

Months Supply (Closed)

Median % of Original Price

Price Per Sq Ft

About the author

Coldwell Banker Danforth
Western Washington

Matthew Konsmo

Associate Real Estate Broker

Serving buyers and sellers with integrity and expertise. Matthew is an Associate Real Estate Broker with Coldwell Banker Danforth, helping clients navigate the Pacific Northwest market with confidence.

Direct (425) 463-8243 Email MatthewKonsmo@gmail.com Website MatthewKonsmo.com Instagram @thekonsmo Zillow View My Zillow Profile Google View My Google Profile

Broker License #20113555 · Office License #101728 · Coldwell Banker Danforth

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Mercer Island Real Estate Market (Updated Monthly)

Mercer Island Real Estate Market
(Updated Monthly)