Mercerwood (Mercer Island, WA)
By Sam DeBord, Seattle Real Estate Broker
( -Coldwell Banker Danforth)
Home sales in Mercer Island have been increasing over the past two years, and the year-to-date totals are showing a strengthening trend for 2013.  So far this year we've seen 113 homes sold in Mercer Island, up from 91 sales at the same time last year. That 24.2 percent gain points to strong growth for the local market in terms of sales volume and pricing, as buyer demand continues to push values up.  Multiple-offers and quick sales seem to be the story across the greater Seattle market, and the story is no different in Mercer Island.   While most of the Seattle market has dropped to less than two months' inventory of homes available for sale, we may be seeing a bit of an uptick in Mercer Island.  The total inventory had dropped to around two months early this year, but a large crop of ...
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Mercer Island, WA Real Estate Professionals