Mary Lee - Mercer Island - December 2018

Mary Lee & Associates

Exceptional Service & Results Since 1987

C: (425) 941-4229 E: mary@maryleerealestate.com www.MercerIslandHouseValue.com Keller Williams Realty 2731 77th Avenue SE, #205 Mercer Island, WA 98040

MERCER ISLAND Real Estate Market Report | December 2018

PRESENTED BY MARY LEE & ASSOCIATES

Each office is independently owned and operated.

HOME SELLING SUCCESS SEMINAR SATURDAY, JANUARY 5TH | 10AM - 12PM Mercer Island Community & Event Center 8236 SE 24th Street Mercer Island, WA 98040

FREE Event - Please register at www.HomeSellingSuccessSeminar.com

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

PREPARED ESPECIALLY FOR

Jonathan and Angela-Marie Williams

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

Exceptional Service & Results Since 1987

C: (425) 941-4229 E: mary@maryleerealestate.com www.MercerIslandHouseValue.com Keller Williams Realty 2731 77th Avenue SE, #205 Mercer Island, WA 98040 (KeyBank Building - Parking in back)

“A very professional team, Mary and her team know real estate and the market. They were able to provide guidance on the best way to position our home in the market. They were always available to answer questions and reassure us the process was on track. We had multiple offers and sold for over asking price in less than a week.”

Follow me on:

LIVING, LOVING, AND PROMOTING OUR COMMUNITY’S VALUE

MERCER ISLAND

Real Estate Market Report

Mercer Island Homes Recently Listed (Showing 15 of 74 Total Active Homes) Street SE 40th Street 64th SE Avenue 62nd SE Avenue 91st SE Avenue W Mercer SE 32nd Street E Mercer Way W Mercer Way SE 28th Street 80th SE Avenue W Mercer Way 67th SE Avenue 85th SE Avenue SE 31st Street W Mercer Way

Bedrooms 3 2 3 3 4 5 3 5 4 5 4 5 5 4 4

Total Baths 1.0 1.1 1.0 1.0 3.0 2.0 1.0 2.0 2.1 4.1 2.0 4.1 4.1 2.1 2.1

Estimated Square Feet* 1,900 1,400 1,800 1,700 4,000 3,000 2,600 3,200 3,400 4,600 3,800 4,100 5,100 4,100 4,900

Year Built 1947 1977 1955 1959 1978 1959 1953 1952 2018 2009 1977 2018 2018 2018 1999

List Price $799,950 $940,000 $1,199,000 $1,298,000 $1,498,000 $1,550,000 $1,560,000 $1,600,000 $2,199,000 $2,388,888 $2,488,000 $2,755,000 $2,985,000 $3,328,000 $3,388,000

There are currently 31 homes pending in Mercer Island.

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

Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Address 2403 64th SE Avenue 4011 83rd SE Avenue 7024 SE 20th Street 6185 W Mercer Way 4454 Ferncroft Road 3075 70th SE Avenue 3410 W Mercer Way 8221 SE 36th Street 3057 61st SE Avenue 9428 SE 54th Street 8531 E Mercer Way

Bedrooms 4 5 2 4 4 3 5 3 5 5 4

Total Baths 2.1 2.0 1.0 1.1 2.0 1.2 5.1 1.0 3.1 2.1 2.1

Year Built 1951 1959 1941 1974 1966 2016 2018 1958 1952 1968 1980

List Price $1,789,000 $1,700,000 $899,000 $1,395,000 $899,950 $4,489,800 $3,700,000 $998,000 $1,650,000 $2,388,000 $1,595,000

Sold Price $1,700,000 $1,706,000 $880,000 $1,350,000 $850,000 $4,250,000 $3,550,000 $950,000 $1,588,600 $2,275,000 $1,500,000

Sold Date 10/31/18 10/25/18 10/24/18 10/22/18 10/19/18 10/19/18 10/17/18 10/15/18 10/12/18 10/12/18 10/11/18

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 November 2nd, 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 | 858.952.4280 | © 2018

You will not be contacted with any other solicitation.

www.MercerIslandHouseValue.com

Active

Pending

Sold

MERCER ISLAND AT A GLANCE

Homes Currently Active: 74 Pending Sales: 31 Homes Recently Sold: 11 Average Sold Price: $1,872,691 Average Days On Market (Sold): 43

Mercer Island Homes Recently Sold Estimated Square Feet* 2,800 4,800 1,000 3,000 1,900 4,500 6,000 1,700 2,900 3,700 2,600

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.

CURRENT MARKET ACTIVITY

Mary Lee & Associates A New Level of Service & Results

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

FIND OUT THE TRUE VALUE OF YOUR HOME IN TODAY’S MARKET!

5-STAR REVIEW

Mary Lee & Associates

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

Season's Greetings and Warm Wishes!

As I look back on my service to homeowners on Mercer Island, I hope that you have found my market reports informative and valuable. If at any time you wish to discuss real estate values or trends, please give me a call. I wish you a warm Holiday Season and bright New Year!