Real estate inventory continues to lighten in the Bothell area

Managing Real Estate Broker with 206 909-7536 17900

   Real estate inventory continues to lighten in the Bothell area

This Week:

The median list price in  Bothell  this week is $562,525  up from last week’s median  list price of $546,850. Inventory has been lightening lately and the Market Action Index (MAI see below chart) has been trending up.  Though days-on-market is increasing, these are mildly positive indications for the market.

Average days-on-market: 79 days up  from last week’s 67 days.

Percent of properties with price decreases: 26% down from last week’s 29%

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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Sign up to have FREE WEEKLY UPDATES on the latest Bothell real estate market trends e-mailed to you weekly.



Prices appear to be hovering around their high-point.   Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.




Real Estate Market Chart by Altos Research

Comparing Bothell’s median list and Inventory to neighboring Kirkland


Bothell home and lifestyle Search




Posted by



Adrian specializes in green home marketing utilizing traditional and social media marketing to create the widest exposure of your property.


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate Market Trends
Washington King County Bothell
homes for sale in bothell
bothell real estate agent
bothell home marketing
bothell real estate trends

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Adrian Willanger

Profit from my two decades of experience
What's the Seattle real estate market doing? Ask me..
Spam prevention

Additional Information