Demand for Bothell’s Brentwood/Queensborough real estate picking up

By
Managing Real Estate Broker with 206 909-7536 AdrianWillanger-broker.com 17900

 Demand for Bothell’s Brentwood/Queensborough real estate picking up 

The median list price in  Bothell’s Queenborough-Brentwood neighborhood this week is $614,900 is up from last week’s $599,950.   Inventory has been lightening lately and the Market Action Index  (see above MAI chart) has been trending up.  Though days-on-market is increasing, these are mildly positive indications for the market.

 

Suppqueensboroughly 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.

Price

We continue to see prices in  the Queensborough-Brentwood neighborhood bounce around this plateau.   Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels. 

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

Comments (1)

Bob Baesmann
DFW Team Realty - Plano, TX
DFW Team Realty | 972-978-8800

Great Information. A valuable market report for buyers and sellers in your community!

Dec 11, 2015 12:18 AM