From January through December of 2019, there were 165 homes sold, with a median sale price of $1,620,000 - a 2.4% increase over the $1,582,000 median sale price for the previous year. There were 159 homes sold in Mercer Island in 2018.
The median sales tax in Mercer Island for the most recent year with available data, 2016, was $8,399, approximately 0.5% of the median home sale price for 2019.
The following table compares Mercer Island to other King County cities with similar median sales prices in 2019:
| City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Yarrow Point | 14 | 7 | 100% | $3,897,277.50 | $3,675,000 | 6% |
| Medina | 27 | 27 | 0% | $3,200,000 | $2,515,000 | 27.2% |
| Hunts Point | 8 | 1 | 700% | $3,117,500 | $5,150,000 | -39.5% |
| Clyde Hill | 34 | 44 | -22.7% | $2,617,091.50 | $2,696,020 | -2.9% |
| Beaux Arts Village | 2 | 3 | -33.3% | $2,515,000 | $2,235,000 | 12.5% |
| Mercer Island | 165 | 159 | 3.8% | $1,620,000 | $1,582,000 | 2.4% |
| Fenton (unincorporated) | 9 | 12 | -25% | $1,360,000 | $1,150,000 | 18.3% |
| Bellevue | 641 | 550 | 16.5% | $1,150,000 | $1,126,900 | 2% |
| Sammamish (unincorporated) | 15 | 11 | 36.4% | $1,100,000 | $1,400,000 | -21.4% |
| Duvall (unincorporated) | 94 | 91 | 3.3% | $999,975 | $930,000 | 7.5% |
| Kirkland | 289 | 272 | 6.3% | $980,000 | $1,067,500 | -8.2% |
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