Even with all the recent snow, real estate activity on Mercer Island has continued, and we saw 13 properties go under contract since the snow started falling last week.
However, we also believe this weather has had an impact. We are aware that a number of new listings are delayed in coming to the market, especially now that mid-winter break is next week. With Mercer Island, Seattle, and Bellevue school districts all on break, many sellers will wait until the following week to list in order to provide their properties with the best market exposure.
We also expect that many buyers did not venture out in the snow, and with delayed listings resulting in lower inventory this month, we may see a burst of buying energy in the early spring real estate season.
On another note, we are in the process of re-designing our entire My Mercer Island website, and we are simplifying and re-designing our monthly market updates as well. We welcome your feedback and suggestions as we continue this process. Here’s how you can contact us.
Please find trends and statistics for Mercer Island’s January real estate market below.
Here’s our monthly report with data for all single-family home sales on Mercer Island (not including unlisted sales). If you’re curious about a recent sale in your neighborhood, you can learn the details with a quick glance at the report below or by clicking on the map for sale details.
Click here for a full-size PDF.
By Home Type / Location
By Price
If you are in need of real estate services, we would love to help. Get in touch today. Check out all of our recent sales here, visit our Listings Portfolio here, and read our testimonials here.