Mary Lee - Mercer Island - August 2018

MERCER ISLAND

Mary Lee & Associates

Real Estate Market Report | August 2018

Exceptional Service & Results Since 1987

C: (425) 941-4229 E: mary@maryleerealestate.com www.MercerIslandHouseValue.com

PRESENTED BY MARY LEE & ASSOCIATES

Keller Williams Realty 2731 77th Avenue SE, #205 Mercer Island, WA 98040 Each office is independently owned and operated.

73 ACTIVES 94 SOLDS

MERCER ISLAND HOME VALUES ARE UP $233,294!

2 ND QUARTER REVIEW

ACTIVE LIST PRICE RANGE

$1,080,000 - $19,888,000 SOLD PRICE RANGE

$601

$1,617

66.2%

102.2%

121.3%

Jonathan and Angela-Marie, Find out what your home is worth in today’s market! Call (425) 941-4229 or visit www.MercerIslandHouseValue.com for a FREE, no-obligation home assessment!

$300

$879,000 - $8,150,000

LOW

AVG.

HIGH

LOW

AVG.

HIGH

SOLD PRICE PER SQUARE FOOT

27

Visit www.MercerIslandHouseValue.com for community info, current listings, and more.

SOLD PRICE/LIST PRICE RATIOS

AVERAGE DAYS ON MARKET (SOLDS)

Data based on listings from NWMLS from April 1st to June 30th, 2018. Information deemed accurate but not guaranteed.

PREPARED ESPECIALLY FOR

Jonathan and Angela-Marie Williams

Mary Lee & Associates A New Level of Service & Results in Real Estate

5-STAR ZILLOW AGENT

Mary Lee & Associates

Exceptional Service & Results Since 1987

“Mary Lee helped me sell my house on the first

C: (425) 941-4229 E: mary@maryleerealestate.com www.MercerIslandHouseValue.com

weekend of the open house. I had multiple offers

Keller Williams Realty 2731 77th Avenue SE, #205 Mercer Island, WA 98040

a thing of beauty. By just following her method she had my home professionally staged and ready.”

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LIVING, LOVING AND PROMOTING OUR COMMUNITY’S VALUE

MERCER ISLAND

Real Estate Market Report

Mercer Island Homes Recently Listed (Showing 15 of 73 Total Active Homes) Bedrooms 3 4 4 4 4 5 4 3 5 5 5 5 4 5

Total Baths 1.0 2.1 1.1 1.1 1.0 2.2 2.1 2.1 2.1 5.1 2.2 4.1 3.1 3.1

Estimated Square Feet* 2,100 3,000 3,000 3,800 2,600 4,800 4,300 4,300 4,500 5,000 5,500 5,200 4,400 6,600

Year Built 1977 1952 1974 1961 1977 1972 1934 2006 1970 2018 1967 2018 2005 2000

List Price $1,250,000 $1,475,000 $1,475,000 $1,575,000 $1,600,000 $1,949,900 $2,395,000 $2,598,000 $3,100,000 $3,149,950 $3,298,888 $3,299,950 $3,880,000 $5,198,000

Please call (425) 941-4229 for more details on any listings.

Bedrooms 4 3 3 5 5 3 5 5 3 4

Total Baths 3.0 1.0 2.1 2.0 2.0 2.0 1.0 2.0 1.0 1.0

Estimated Square Feet* 3,700 1,400 2,800 3,600 3,200 1,300 3,200 2,600 1,800 2,200

THE PROCESS IS QUICKER

Year Built 2018 1952 2006 1967 2017 1942 1966 1957 1955 1969

List Price $2,475,000 $1,000,000 $1,680,000 $1,588,000 $1,890,000 $1,100,000 $1,250,000 $1,399,000 $999,000 $1,398,000

Sold Price $2,475,000 $1,080,000 $1,800,000 $1,582,000 $1,890,000 $1,100,000 $1,410,000 $1,404,000 $1,151,000 $1,390,000

Sold Date 07/02/18 06/29/18 06/29/18 06/28/18 06/28/18 06/26/18 06/26/18 06/25/18 06/22/18 06/21/18

Mary Lee, Mary Lee & Associates, and Keller Williams Luxury Home International are not in any way affiliated with any Mercer Island Home Owners Association, nor is this in any way an official advertisement or publication of Mercer Island. © 2018 Keller Williams Luxury Home International. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the NWMLS as of June 4th, 2018. Listings and sales may not be those of Keller Williams Luxury Home International. NWMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Square feet rounded to the nearest hundred.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | © 2018

Listing your home in the summer provides and excellent stage to highlight your home and capture the steady buyer demand. Call me today at (425) 941-4229 to discuss how I can help you achieve exceptional results for your Mercer Island home.

Active

Pending

Sold

MERCER ISLAND AT A GLANCE

Homes Currently Active: 73 Pending Sales: 40 Homes Recently Sold: 10

Average Days On Market (Sold): 29

Mercer Island Homes Recently Sold Address 4647 90th SE Avenue 5466 E Mercer Way 2423 72nd SE Avenue 8007 SE 36th Street 4841 90th SE Avenue 3434 97th SE Avenue 8871 SE 72nd Place 8205 SE 36th Street 3046 71st SE Avenue 6121 84th SE Avenue

PRICE BENCHMARKS ESTABLISHED

Average Sold Price: $1,974,656

There are currently 40 homes pending in Mercer Island.

Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

FAMILY DECISION TIME

CURRENT MARKET ACTIVITY

Mary Lee & Associates A New Level of Service & Results

Street W Mercer Way 72nd SE Avenue W Mercer Way 86th SE Avenue SE 45th Street W Mercer Way E Mercer Way 74th SE Avenue SE 59th Street 96th SE Avenue Crestwood Place SE 39th Street SE 30th Street Avalon Place

INVENTORY DECREASES

and we closed in less than a month. Her process is

(KeyBank Building - Parking in back)

Status Active Active Active Active Active Active Active Active Active Active Active Active Active Active

WHY IS SUMMER THE PERFECT TIME TO LIST YOUR HOME?

© Google 2018 A visual representation of the data on the left.

GET THE MOST ACCURATE ASSESSMENT OF YOUR HOME’S VALUE BEFORE SELLING! Receive the most accurate assessment of your home's value, provided to you as a complimentary service by Mary Lee, your Mercer Island real estate specialist.

You will not be contacted with any other solicitation.

www.MercerIslandHouseValue.com