Ellis Pond · Mercer Island, WA

Is Now a Good Time to Sell in Ellis Pond, Mercer Island?

The median home in Ellis Pond sells for $1,400,000. Ridley's flat fee saves you $38,501.

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Ellis Pond Real Estate Market Conditions

58out of 100

Ridley Sell Score

How it's scored →

Moderate

58/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Ellis Pond market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Washington average is 3.1.

Price MomentumNeutral

Prices flat 0% year-over-year — vs. -3.4% statewide.

Seller LeverageFavors sellers

Homes selling at 102.26% of asking — sellers are getting 2.3% above list on average. Washington average is 98.9%.

Bidding ActivityFavors sellers

66.67% of homes selling above list price — 186% above the Washington average of 23.3%.

Sale SpeedFavors sellers

3 median days on market — 57 days faster than the Washington average.

Market UrgencyFavors sellers

100% of listings go pending within 2 weeks — vs. 37.3% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Washington average is 25.7%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$1,400,000

Days on Market

3

Price per Sq Ft

$769

Sale-to-List Ratio

102.26%

Homes Sold

3

Sold Above List

66.67%

Pending in 2 Weeks

100%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Mercer Island — delivered monthly.

Your savings

How much can you save selling in Ellis Pond?

$0Estimated savings

That's a new car — paid in full — save 2.8% of your home value

$1,400,000

$50,000$10M

Traditional Agent (3%)

$42,000

Ridley Pro (flat fee)

$3,499

Ready to sell in Ellis Pond?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Ellis Pond

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$42,000$3,499$999
Buyer agent$39,2002.8% avg$28,000~2% avg$28,000~2% avg
Closing costs (~1.5%)$21,000$21,000$21,000
Total cost$102,200$52,499$49,999
You save$38,501$41,001

Based on the Ellis Pond median home price of $1,400,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Ellis Pond

A flat fee of $3,499 instead of the typical $42,000 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Ellis Pond market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Ellis Pond buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $38,501 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Ellis Pond

Ready to sell in Ellis Pond?

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