2017 Year End Seattle-Eastside Waterfront Report

Windermere Mercer Island

2017 YEAR END REVIEW

Waterfront Report

Challenged by increasing building and shoreline restrictions, aging housing stock, and an extreme scheduling backlog for quality contractors, waterfront buyers found fewer modern turn-key homes, in ideal settings, to capture their interest. Waterfront that ‘checked all the boxes’ was in high demand—commanding top prices in 2017—while those requiring considerable renovation/rebuild sat stagnant on the market or sold at well below prior market prices. Don’t expect this to turn around until builders and remodelers become more readily available.

Check out the full Waterfront Report for a complete list of waterfront home sales by address and community.


ABOUT WINDERMERE MERCER ISLAND

We earn the trust and loyalty of our brokers and clients by doing real estate exceptionally well. The leader in our market, we deliver client-focused service in an authentic, collaborative and transparent manner and with the unmatched knowledge and expertise that comes from decades of experience.

windermeremercerisland.com | (206) 232-0446 | mercerisland@windermere.com
2737 77th Ave SE, Mercer Island, WA 98040.

© Copyright 2018. Information and statistics derived from Northwest Multiple Listing Service.