What Kind of Deal Can you Expect to get in Mercer Island for 500-700K?

This is everything on Mercer Island that actually SOLD, nothing excluded in June/July/August in the $500-700k range. 14 houses total.

There is a downward slant correlating days on market and discount from the last list price- and three deals below 90%. One at full price and one above full price (probably rolled in closing costs of 3%).

The average days on market is 146 days, the average discount off of the Last List Price is 6.09%- or about $36k.

Almost all the 14 houses were built in the 1950’s. The earliest being 1946, latest being 1976.

2300 sq ft average, 4 bed, 2.5 bath average.

Median Sales Price of $607k and Average Sales Price of $617k.