Bothell’s home prices and market times trending higher
This Week:
The median list price in Bothell is $453,175 is up from last week’s median list price of $450,000. The Market Action Index (MAI see below chart) has been trending lower lately, while days-on-market climbing, providing mostly bearish signs for the market.
Average days-on-market: 80 days down from last week’s 77 days.
Percent of properties with price decreases: 42% up from last week’s 41%
Localized real estate market reports are great for getting a “feel” of what that specific market is doing. For a more accurate pricing on residential property a Competitive Market Analysis (CMA) needs to be done comparing your home with current properties that have sold recently in your neighborhood.
Supply and Demand
The Bothell real estate market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend. .
Price
The Bothell real estate market this week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend in general over the last several weeks.
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Comparing Bothell’s median list and Inventory to neighboring Kirkland
Bothell is located within the Northshore School District
21 public schools in Bothell belong to the Northshore School District. Browse through all the homes listed for sale within the Northshore School District.
Related posts:
- Bothell’s real estate market: days-on-market and prices down(slightly) (19.7)
- Bothell’s real estate market-tight inventory levels, prices surge (17.7)
- Bothell’s real estate prices tiptoeing higher (17.4)
- Bothell’s real estate market: Inventory tightening (16.4)
- Bothell home prices show little change this week (16.3)
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