Bothell homes for sale are maintaining a level of value that is remarkable for the current real estate market. The median listing price of Bothell homes for sale is up to $379,950, which is up from one year ago, yet fairly down from 2 years ago. The inventory of single family homes in the Bothell market has decreased over 50% in the last year, which is a positive statistic for homeowners looking to sell; especially when the average days on the market is also down almost 50% from just 6 months ago! This still-competitive home market shows that some communities, especially here in the Pacific North West, have remained a good value and quality investments through this antagonizing recession.
Bothell was mostly a bedroom community for people working in Seattle until the 1990s when business development brought new jobs to create a regional employment center with about 20,000 jobs, many in high technology sectors such as biotechnology and software development.
While this market still carries a higher inventory than smaller cities in this area and because Bothell is split into two different counties, it is overall a much larger market by default of geography. When I did a search, un-distressed resale and new Bothell homes for sale came up with 187 homes, while 34 distressed homes came up. Percentage-wise, this is typical in the post-recession recovery.
Bothell is a well-established city in the Seattle metropolitan area, and has a wide variety of local communities within the city from family-friendly residential areas to business-oriented commercial districts downtown. The largest river running through Bothell is the Sammamish River that connects Lake Sammamish to Lake Washington; this provides plenty of lush, beautiful landscape the Pacific North West is known so well for. The local culture is also very well developed in Bothell, with many events happening throughout the year for residents to enjoy and be involved with.
I am always available as a resource to provide you with information on Bothell real estate and Bothell homes for sale.