Bothell’s real estate prices up while inventory heads lower
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Bothell’s real estate prices up while inventory heads lower This Week: The median list price in Bothell this week is $499,972, is down from last week’s median list price of $510,900. Inventory and days-on-market are down slightly, while the Market Action Index (MAI see below chart) has been flat recently. The trends point to a weakening market. Average days-on-market: 70 days down from last week’s 76 days. Percent of properties with price decreases: 24% is down from last week’s 26% 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 neighbor...
Comments
0