The above chart shows a 3 year home sales trend comparison for Bothell and Lynnwood and a one year comparison for Mill Creek on homes priced over four hundred thousand.
The black line represents Bothell, The orange line represents Lynnwood and the green line
represents Mill Creek. Sales in Lynnwood in the upper segment of the marketplace have showed a steady downward trend since July 1, 2008. Upper-end home sales in Bothell from 7/2008 to 1/2009 were flat with the average price around $650k, from 1/2009 sales started to trend downward for another six months to July where we saw brief leveling off around high $500k range until the first of the year.
Upper-end home sales in Bothell went from an average of $585k to just under $550k during the the first quarter of 2010 basically flat lining until the first of the year where prices started to trend downward.
The upper-end home market in Mill Creek was going the opposite direction from Bothell and Lynnwood, in the first part of 2010 and saw average prices go from $585k to over $600k average for over 6 months followed, a mostly, downward trend until the first of 2011 where there were signs of slight upward trend.
For more information on existing and new home sales in Bothell, Lynnwood and Mill Creek leave your email and request in the box bellow. Or contact Adrian Willanger 206 909-7536.
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