Bothell’s real estate market conditions weakening slightly
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Bothell’s real estate market conditions weakening slightly This Week: The median list price in Bothell this week is $519,900, up slightly from last week’s median list price of $510,000. Inventory is up and the Market Action Index (MAI see below chart) is trending lower recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit. Average days-on-market: 78 days up from last week’s 77 days. Percent of properties with price decreases: 31% is up from last week’s 25% 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...
Comments
3