Sales of waterfront homes in Mercer Island were up more than 43 percent in 2012, another statistic supporting the overall luxury real estate market's strength in the Puget Sound region. There were 43 waterfront Mercer Island homessold this past year, up from 30 waterfront homes in 2011.
The waterfront real estate sales increased not only in total numbers, but also in terms of pricing. In 2011, there were 37 waterfront homes sold for over $1 million. This was a 48 percent gain over 2011 for million-dollar-plus category.
At the top of the luxury market, the numbers were just as poignant. Five waterfront homes were sold in Mercer Island for over $5 million this year, with the top sales at $21.6 million and $13.3 million. There were three homes sold in this price range in 2011, with the top sale at $6.75 million.
Top 10 Mercer Island Waterfront Home Sales, 2012
|4137 Boulevard Place||Mercer Island||$13,250,000||7||8||13,560|
|1614 Roanoke Wy||Mercer Island||$7,972,250||4||2.75||4,910|
|5908 SE 20th St||Mercer Island||$6,600,000||5||7||7,730|
|4732 E Mercer Wy||Mercer Island||$5,315,000||5||7||7,312|
|7646 SE 22nd St||Mercer Island||$4,888,000||4||3.5||4,760|
|2749 60th Ave SE||Mercer Island||$4,690,000||4||2.75||4,730|
|4102 100th Ave SE||Mercer Island||$4,199,000||5||4.5||5,535|
|3835 West Mercer Wy||Mercer Island||$3,875,000||4||3.25||5,074|
|5045 Forest Ave SE||Mercer Island||$3,675,000||5||3.5||4,620|
|2841 60th Ave SE||Mercer Island||$3,350,000||6||4||5,020|
Source: NWMLS statistics. The NWMLS did not compile or publish this information.