Market times for Bothell listing’s decreasing
By Adrian Willanger, Profit from my two decades of experience
(206 909-7536 AdrianWillanger-broker.com)
Market times for Bothell listing’s decreasing This Week:The median list price in Bothell this week is $529,950, up from last week’s median list price of $527,000. With inventory and days-on-market basically unchanged and the Market Action Index (MAI see below chart) increasing, the market is not sending strong directional signals for the near term outlook.Average days-on-market: 50 days down from last week’s 67 days.Percent of properties with price decreases: 17% up from last week’s 16%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 neighborh...
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