Condos for sale in Bothell represent a vastly improved market in current real estate compared to that of a year ago. The median listing price of condos for sale in Bothell is up almost 50% from this time last year, and statistics show continual improvement throughout that year. The inventory of this type of property for sale has drastically dropped – almost 80% - which also shows this consistent improvement in the market. This is a positive statistic for condo owners looking to sell; especially when the average days on the market is down over 50% from just 6 months ago! This improving home market shows that some communities, especially here in the Pacific North West, are a good value even this soon after the antagonizing recession.
Bothell was mostly a “bedroom community” for people working in Seattle until the ‘90s, when business development created a regional employment center with about 20,000 jobs, many in high technology sectors such as biotechnology and software development. Bothell has since become one of the very popular suburbs of the Seattle-metro area.
Because Bothell is split into two different counties, it is overall a much larger market by default of geography, explaining why this market of condos in Bothell may carry a consistently higher inventory than other small cities in this area. When I composed a search for condos for sale in Bothell, un-distressed condos for sale came up with 38 properties, while 14 distressed condo homes came up. Percentage-wise, this is typical in the real estate recovery.
Bothell is a now a well-established city, 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 and it connects Lake Sammamish to Lake Washington thus providing plenty of lush, beautiful landscapes that 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 about Snohomish County real estate and condos for sale in Bothell.
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