Connected to the Seattle and Eastside metro areas by I-90, Mercer Island offers a small-town feel with front row commute options that are the envy of surrounding local cities and a draw for many residents. With only 10,000 housing units, of which less than 400 are typically transacted in a given year, the island commands high prices for its limited supply of homes. The median home price point is between $1 and $2 million. Condominiums range from $300,000 to over $1 million, depending on the size and condition of the building. Coveted waterfront estates can exceed $10 million.
Mercer Island’s housing includes mid-century moderns, Northwest contemporary homes and quaint ramblers, mixed with newly constructed modern and craftsman homes. Redevelopment has been prevalent over the decades and, with few exceptions, most neighborhoods are an eclectic group of homes, spanning many generations of home building. The island’s real estate is known for its unique flavor and park-like settings. (Real estate information provided by Julie Barrows, owner/designated broker, Windermere Real Estate Mercer Island).