June MarketFlash with Appreciation Rates

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Our monthly MarketFlash shows that we are still seeing some great appreciation rates! Mercer Island has the highest appreciation at 23.4% and 62 new and 103 active listings, 50 closed sales in May and 162 closed this year, a median sales price of $1,091,000, and an average of 55 days on the market.

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Many homes have reached or are reaching the values they saw before the 2007 recession which is great news for for many homeowners who have been underwater!