Washington state may not be the most expensive state in the US but we do have one city that tops the list Of 25 Highest Priced Homes in the US. That city is Mercer Island. Research was collected on the average listing price of a four bedroom and two bath home in more than 2700 markets across the US for six months at the beginning of 2015. The average Washington state home was priced at $404,000, far lower than the average price in many of the states most expensive cities. Even though individual neighborhoods may offer different price points, the research with collective across the entire city for this size home.
Of course Seattle’s Eastside tends to dominate the list for Washington state but even surrounding Puget Sound city such as Bellingham made the list at No. 12, with an average home price of $528,000. The top five most expensive cities in Washington state were at the top 100 most expensive cities in the country as well.
#1 is Mercer Island as previously stated with an average home price of $1.06 million. Mercer Island is located between Bellevue and Seattle.
#2 is Bellevue, where the average home price is $813,484.
#3 is Redmond located on the Eastside as well with an average home price of $767,603. (New construction homes are being listed over $1 million.)
#4 is Sammamish located east of Seattle with an average home price of $762,989.
#5 is Kirkland, on King County’s Eastside with an average home price of $719,517.
#6 is Edmonds, located north of Seattle by about 30 minutes and along the waterfront with an average home price of $681,215.
#7 is Seattle with an average home price of $674,309 covering Capitol Hill, the waterfront, Queen Anne Hill and West Seattle.
#8 is Issaquah located along I-90 east of downtown Seattle with an average home price of $646,246.
#9 is Shoreline and the Lake Forest Park area with an average home price of $568,887.
#10 is Kenmore, located just north of Seattle and Lake Washington with an average home price of $543,500.
Remember, these home prices are all listed for a four bedroom and two or three bath home. Other home prices and average listings for two or three bedroom homes were not accounted for in the research.
Image by Andrew E. Larsen Flickr